Tag Archives: SI sportsbook

888 puts faith in ‘transformational’ Hills merger as H1 profit sinks 66%

SBC News 888 puts faith in ‘transformational’ Hills merger as H1 profit sinks 66%

The group-wide revenue and profit of 888Holdings  took a heavy hit across the first six months of the year, as the LSE-listed firm continues to adjust to its acquisition of William Hill. Publishing its interim report this morning, the FTSE250 group revealed that revenue and profit for H1 2022 were both down by 13% and 66%, standing at £332.1m and …

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888 bolsters post-Hills acquisition leadership with new NED appointments

SBC News 888 bolsters post-Hills acquisition leadership with new NED appointments

888holdings has confirmed the appointment of three Non-Executive Directors (NEDs), as the firm looks to consolidate its position following the completed takeover of William Hill. The international gambling group announced this morning that Andrea Gisle Joosen, Andria Vidler and Randy Freer would join the Board as Independent NEDs, each having accumulated experience across a range of sectors.  In the aftermath of …

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Howard Mittman to lead 888’s stateside operations

SBC News Howard Mittman to lead 888’s stateside operations

As the firm continues to increase its focus on the expanding North American betting and gaming market, 888 has announced Howard Mittman as President of its US operations.  In his new role at 888, Mittman will be responsible for coordinating the Gibraltar company’s strategic partnership with Authentic Brands Group (ABG), in addition to the rollout of the group’s SI Sportsbook …

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888 posts 18% revenue decline ahead of William Hill integration

SBC News 888 posts 18% revenue decline ahead of William Hill integration

888 Holdings has detailed that both its B2C and B2B operations suffered a substantial decline during first quarter trading, citing a number of factors impacting the FTSE250 group’s commercial performance.    Publishing a trading update for Q1 2022, 888 detailed a year-on-year corporate revenue decline of 18% to $224 million (2021: $273m) –  a percentage decline which was mirrored by  its …

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888 regulated market efficiency clears German/Dutch hurdles

SBC News 888 regulated market efficiency clears German/Dutch hurdles

​​888 Holdings hails ‘another record breaking year’, as the FTSE250 gambling group publishes its pre-close trading statement ahead of its transformative enlargement with William Hill.     Of significance, expansion within regulated markets offset German regulatory challenges for 888, as the firm detailed that a strong performance in four key markets helped drive revenue by 14% in 2021. Updating investors, the company …

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Genius ups 2021 forecasts as investment soars to maximise US opportunities

SBC News Genius ups 2021 forecasts as investment soars to maximise US opportunities

Genius Sports has outlined that its US-focused expansion strategy is on course, having experienced significant growth in the third quarter of 2021 and striking partnerships with a number of major betting operators. Publishing its Q3 2021 trading update, the NYSE-registered sports data and technology provider detailed group revenue of $69.1 million, a 70% increase on the previous year’s figure of …

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