888 Holdings has announced the launch of its strategic joint-venture 888Africa, which has secured local licences for the markets of Kenya, Tanzania, Mozambique and Zambia. In March, the FTSE250 gambling group announced that it would back the launch of 888Africa – a dedicated African markets venture led by former PokerStars CMO Christopher Coyne. Launching the venture within East African markets, …
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888 confirms Randy Freer short stint NED departure
The board of 888 Holdings has disclosed that Randy Freer will no longer be advising the company as an Independent Non-Executive Director (NED) of the FTSE250 global gambling group. The decision was announced via a short statement published by 888’s board notifying investors that Freer had resigned from NED duties due to ‘increased outside commitments’. Freer, a US media and …
Read More »UKGC penalty crusade continues as SpreadEx hit with £1.36m
SpreadEx has been hit with a £1.36m penalty, in the latest in a series of regulatory enforcement actions by the UK Gambling Commission (UKGC). The regulator cited social responsibility and anti-money laundering shortcomings as the reasons behind the financial penalty, the same factors behind a number of charges against other operators. Just last week, FTSE100 giant Entain was charged £17m …
Read More »Entain defends post-2020 social responsibility record against UKGC penalty
Having been charged £17m for social responsibility and anti-money laundering shortcomings dating back to 2020, Entain has outlined its efforts in this area and approach moving forward. Split between the group’s LC International Limited web business and Ladbrokes Betting & Gaming Ltd retail operation – charged £14m and £3m respectively – the Commission’s penalty has been accompanied by additional licence …
Read More »BetVictor expands white label portfolio with talkSPORT BET launch
Sports radio station talkSPORT plans to significantly expand its sports betting presence with the launch of a new brand, talkSPORT BET, in partnership with BetVictor. The partners have stated that the talkSPORT BET brand will combine BetVictor’s experience in betting with the radio station’s ‘trusted editorial brand’ as a popular source of sports-oriented news and entertainment among the UK public. …
Read More »888 takes up ‘critical role’ in Dinamo Bucharest FC sponsorship
888 has partnered with Romanian football team Dinamo Bucharest FC and will now become the club’s main sponsor. Some of the online betting and gaming company ’s most renowned brands include William Hill, Mr Green and SI Sportsbook. The firm will sponsor and co-create content to support the 18-time Liga I champions as the team aims to return to the …
Read More »Playtech & 888 enter US multi-state live casino partnership
Playtech Plc has secured a major technology agreement to supply its live casino suite and further RNG games to 888 Holdings’ North American subsidiaries. The partnership will begin with a roll-out of Playtech Live casino games on the 888Casino platform licensed for the state of New Jersey. The 888Casino brand has operated in New Jersey since 2019 as one of …
Read More »Delasport: sports betting through the ages – part II
Welcome to the second part of Delasport’s deep dive into sports betting through the ages. In part 1, the sports betting and igaming software solutions provider covered the early days from the first bookie to the engagement years of the 2000s. Let’s pick up the story. Customer centricity While the early incarnation of sports betting sites served their purpose, the …
Read More »888 struggles to find backers for £1bn debt bond
The financial uncertainty and volatility of global markets continue to impact the online gambling sector as 888 Holdings is reportedly struggling securing investors to back its £1bn bond. During H1 trading, 888 proceeded to issue a £1bn debt bond, needed to finalise its £1.9bn takeover of William Hill’s UK and international units from Caesars International. The debt bond, made-up of …
Read More »Betway expands Trustly partnership to UK market
Betway has moved to bolster the payment options available to its UK customers, expanding the scope of its partnership with global account-to-account (A2A) transactions provider Trustly. The enhanced deal will see the Super Group online sports betting and gaming brand leverage Trustly’s open banking product, as the fintech service increases in popularity in the UK. For Trustly, the agreement marks …
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