Tag Archives: 888

William Hill cites tax increases for £21m drop in profits

William Hill CEO James Henderson has described the past six months as a period of ‘significant regulatory and taxation change for the industry’ as the bookmaker reported a 30% drop in profits after tax to £69.5m. Despite group net revenue marginally growing, even against 2014 World Cup comparatives, operating profit dropped 12% to £155.7m for the first half. Group net …

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888 takes lead in the battle for £898.3m bwin.party

888 Holdings has trumped rival bidder GVC Holdings by agreeing a deal to buy fellow operator bwin.party for £898.3m. The deal was announced to the stock market this morning. It’s a huge achievement for the casino operator, given that before the announcement 888 had a market capitalisation of approximately £570.8m. 888 believes that the deal will provide significantly enhanced scale, …

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Portuguese online gambling bill sees operators exit market

The 28 June introduction of the Online Gambling Bill by Portugal’s Council of Ministers has seen the announcement of market exits’ by 888, Betfair and bet365. All three operators sent market exit communications to players, affiliates and media partners this week in order to inform them of their decision to no longer offer services and to detail account withdrawal procedures. …

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Spain welcomes new operators & licensed slots play

Spiffbet

A major update by the Spanish gambling regulator, La Dirección General de Ordenación del Juego (DGOJ), has seen the awarding of 10 new operator licenses for entry into the Spanish regulated market The DGOJ confirmed that European companies Eurobet, Merkur Interactive, SKS365 and Net Ent were amongst the operators and service providers granted license approval for market entry. The update …

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888poker becomes lead poker sponsor of WSOP 2015

888poker has been confirmed as the lead poker room sponsor of the World Series of Poker 2015 (WSOP 2015). The WSOP 2015 which will run from 27 May to 14 July at the Rio All-Suite Hotel Casino is the world’s largest poker tournament. The 888poker brand will be displayed throughout the tournament venue during the poker series, and will receive …

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Gerard Farrell – Global Reviews – Sports bettors expect ease of use as a bare minimum

In the year February 2014 to February 2015 Global Reviews conducted three Digital Sales Effectiveness* studies into the Sports Betting Industry in the UK and Ireland. This research examines how effective 888, Bet Fred, Bet Victor, Bet365, Betfair, Coral, Ladbrokes, Matchbook, PaddyPower, Sky Bet and William Hill are at converting customers online. Bettors expect more online Prospective bettors are looking …

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William Hill on the prowl with 888 the prey

Online casino operator 888 has seen its share price jump by 18% after it revealed that William Hill has been considering making a move for the company. Shares in 888 rose 26.5 pence to 171.5 pence at the close of trading in London, valuing the company at about £608m. In a regulatory announcement, 888 told the stock market: “The Board …

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888 confident of hitting corporate expectations

Gearing up for its end of 2014 financial update, 888 senior management announced yesterday that the operator was confident of meeting yearly corporate performance expectations. The operator published a brief trading update stating that it had continued its strong performance from Q3 2014. The operator was on target to meet management expectations as company EBITDA remains on target to record …

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888 keeps an eye on the competition

888.com has signed a deal to use iGaming Business‘ new Social Monitor product to measure and analyse its social media presence and that of its competitors. Created iGaming Business and social media monitoring company SCRM Cloud, Social Monitor is a managed enterprise-class solution for bespoke social media monitoring, analytics and engagement needs. The tool is entirely customisable and can monitor any iGaming brand …

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ASA says 888’s ‘£88 Free’ promotion was misleading

888Casino has found itself censured for its advertising once again by the Advertising Standards Authority (ASA) after complaints that the operator’s £88 free promotion could only give users a maximum £20 cash. One complainant, who signed up for the offer after seeing a poster on a London Underground platform, subsequently discovered that “free play” winnings needed to be wagered 30 …

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