Tag Archives: 888

Ohad Narkis: Taking a ‘no nonsense’ approach to PlayOJO launch

PlayOJO - Copyright: jirsak / 123RF Stock Photo

Can an operator’s ability to remain as open and transparent as possible become a unique identifier within the online casino industry? Ohad Narkis, Co-Founder of Maple Marketing, has bet big on ‘player responsibility’ with the launch of new online casino PlayOJO. Will his gamble pay off? Launching a new online gambling property will always test the hardest of stomachs, as …

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Strange Days… New ‘M&A condition’ looking like a reality for UK betting players

2017’s industry agenda and context has been dominated by the UK government’s pending October triennial review of industry gaming machine stakes and advertising standards. Industry leadership and investors eagerly await the government’s judgement in what has become a high stakes political battle. Following 2015/2016’s mass industry consolidation, 2017 was initially marked as the ‘year of corporate integration and assimilation’, as …

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Jim Mullen – Industry is now in ‘burn the witch territory’

In an interview in the Racing Post, Ladbrokes Coral CEO Jim Mullen has again addressed concerns regarding this October’s industry review by the UK government of FOBTs wagering levels and advertising standards. As leader of the UK’s biggest retail bookmaker, Mullen admits to the Racing Post, that he has “probably invested far too much thinking time” on the outcome of …

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Ladbrokes, 888 and Sky Vegas all warned by the ASA over affiliate promotion

Numerous gambling operators felt the wrath of The UK Advertising Standards Authority (ASA) in its latest round of weekly rulings. The decisions related to an advert that had been created by affiliate partners of 888, Sky Vegas and Ladbrokes Casino. Casumo Services was also censured for the same promotion. In total nine complaints were received and upheld by The ASA about …

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ABB comes to the defence of FOBTS

Talking to Paddy O’Connell on BBC Radio Four last Sunday (3 September), The Association of British Bookmakers CEO Malcolm George said that a ‘pan industry solution’ is required if Britain wants to solve problem gambling. George details that the ‘personal interaction’ and ‘face-to-face interaction’ that is utilised in betting shops from shop staff who are able to build a stronger connection …

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‘Failings of 888 shouldn’t undermine the importance of self-exclusion schemes’ pleads The Senet Group

Industry watchdog, The Senet Group has argued that the failings of 888 shouldn’t undermine the importance of self-exclusion schemes as a way of preventing or managing problem gambling. The London-based independent body provides a self-exclusion scheme that covers all British bookmakers and allows a person to exclude themselves from multiple locations with a single call to the team. Senet states …

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Gambling Commission bares its teeth with £7.8 million fine over 888’s social responsibility flaws

888, one of Britain’s biggest online gambling firms, is to pay a record penalty package of over £7.8m as a result of what the Gambling Commission has described as ‘serious failings’ in its handling of vulnerable customers. The action follows the discovery of significant flaws in 888 UK Limited’s (888) social responsibility processes, which aim to protect consumers from gambling-related …

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Strained 888 implements international ‘cost efficiency’ measures

The governance of FTSE-listed online gambling operator 888 Holdings Plc has begun an international streamlining process which will see the company reduce its staff headcount as 888 seeks to reduce day-to-day operational costs. Last week Israeli business news sources reported that 888 governance would concentrate its cost reduction strategy within its Herzliya North Tel Aviv district office, which houses the …

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888 Shakeds’ gain £108 million in family share sale

The Shaked Family the largest shareholders in 888 Holdings, have earned a reported £108 million by selling 40 million shares in the FTSE250 listed online gambling group. The family executed its share sale last week at a value of £2.70 per share and will see the combined Shaked shareholding reduced to 37% of equity. Israeli business news sources report that …

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David Clifton: Licensing Expert – UKGC review of 888 is not necessarily a 999 scenario

The shockwaves have subsided a bit since the 15 May announcement by 888 Holdings PLC that the UK Gambling Commission has commenced a review of the operating licence held by one of its subsidiary companies. The Commission has so far made no public comment on the subject but that is not unusual, as it will only announce publicly that it …

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