Issuing a corporate filing, 888 Holdings has confirmed that Aviad Kobrine has chosen to end his 15-year tenure as Chief Financial Officer (CFO) of the LSE-listed online gambling group. Updating investors, 888 governance informs that Kobrine will continue to act as CFO until a replacement is found, helping company leadership through its transition period. Commenting on his upcoming departure, Kobrine said: …
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LSE-listed online gambling group 888 Holdings Plc has emphasised player moderation and the awareness of excessive gambling behaviours through the launch of its new social responsibility campaign – ‘Too Much is Too Much’. 888’s campaign will be initially launched within the UK running from 5-18 January 2020 across Facebook, Twitter, YouTube and further digital channels. In its campaign notes, 888 details …
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London-listed enterprise 888 Holdings is confident of delivering on its full-year 2019 earnings expectations after closing the year with revenues at an “all time high” for December trading. 888’s strong H2 performance was ‘underpinned by the continued success of the Group’s Orbit casino platform’ which was launched across a number of regulated markets. It also sustained improved revenues across its sport betting …
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Online gambling group 888 Holdings has defended its decision to put non-executive chairman Brian Mattingley up for re election, citing Mattingley’s wealth of experience within the gambling industry as a key factor. The decision follows on from a meeting with investors in which 21% voted against re-election of Mattingley at the company’s annual meeting in May. Mattingley’s re-election faced opposition …
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London-listed online gambling group 888 Holdings Plc detailed strong ‘strategic progress’ on its corporate strategy and tech initiatives, as the company adjusts to new regulatory demands across multiple operating markets. Publishing its interim 2019 results (period ending 30 June), 888 recorded a group revenue increase of 2% to $277 million (H1 2018: US $273m) as the company underlined a ‘continued recovery of its …
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London-listed online gambling group 888 Holdings Plc has strengthened its governance advisory by confirming the appointment of Mark Summerfield as a new Non-Executive Director. An expert in the auditing and financial planning of large-scale enterprises, Summerfield is the former Partner and Global Head of Gaming for ‘big-4’ accountancy KPMG (2003-2017). During his executive tenure at KPMG, Summerfield further served as …
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The Sports Betting Hall of Fame will add six new industry pioneers to its roster next month at the Betting on Sports conference. Former Sky Betting & Gaming CEO Richard Flint, Bet365 CEO Denise Coates, Boylesports Founder & CEO John Boyle, former 888 CEO John Anderson, and Playtech PBS CEO Armin Sageder will all be inducted into the Hall of …
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Guy Cohen, SVP, Head of B2C at 888 Holdings, discuss his company’s BetBright deal, operating in the newly regulated US sports betting market, and making plans to restore poker to its former glory. SBC: You have been on an acquisition spree lately. Can you explain the philosophy behind this, particularly regarding your BetBright purchase? GC: Sport was the missing link …
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As part of its trading update for the period from 1 January to 18 May 2019, online gambling group 888 Holdings has reported “strong momentum” across its operation in global regulated markets. Growth, according to the update, was largely driven by sport – which saw a 29 per cent jump for the period – while the group’s Casino branch also …
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Online gambling group 888 Holdings has completed its previously announced £18m takeover of number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. In February, 888 agreed to acquire a number of digital bingo brands from the Jet Management Group and Jet Media, which form the basis of the Mandalay operating unit. As a result of …
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