Tag Archives: 888

888 Holdings has significantly bolstered its North American growth prospects, confirming this morning that it is amongst the first foreign operators to secure an Ontario province licence.  Updating investors, the FTSE250 online gambling group confirmed that its B2C online gambling platform had been awarded an igaming licence by the Alcohol and Gaming Commission of Ontario (AGCO). Ontario’s online gambling market …

Complaints against YouTuber Callum Airey for featuring two advertisements for 888 on his channel in August 2021 have been dismissed by the Advertising Standards Authority (ASA). The two complainants in question challenged that the ads – which were primarily focused around the 888poker product – were being directed against those aged below 18, maintaining a belief that the YouTuber had …

The Betting and Gaming Council (BGC) has provided an overview of the gambling industry’s 2021 CSR initiatives, focusing on community outreach, economic and social contribution, promotion of equality and diversity, employee support and environmental initiatives.  A number of prominent companies were highlighted in the report, including bet365 Group, Flutter Entertainment, William Hill, Gamesys and Entain, whilst BGC members in general …

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 …

In an expansion of its CSR agenda, online lotto betting operator Lottoland has signed The Climate Pledge, whilst making the transition to become a carbon neutral company. The development saw the firm collaborate with global climate reduction consultancy Tunley Engineering in order to coordinate the process needed to measure, report and offset its carbon footprint. As part of this arrangement, …

888 Holdings cites confidence in achieving its full-year 2021 financial objectives, as the FTSE250 group readies its business for a transformative end-of-year trading period finalising its acquisition of William Hill Plc. Publishing its Q3 trading statement, 888 maintains its strong trading momentum against tough period comparatives, reporting group revenues of $230 million up 7% on 2020 corresponding results of $216 …

888 has announced its partnership with Nuvei, a payment processing company, which will provide a payment solution for the betting company’s recently launched SI Sportsbook. In alliance, Nuvei is to supply it’s instant bank payment solution to 888 in order to ‘power consumer deposits’ to the sportsbook platform, ‘providing seamless, real-time’ bank account funding. Yaniv Sherman, SVP Head of US …

888 Holdings has cited confidence in achieving its 2021 growth objectives, as the company enters a crucial H2 trading period aware of numerous dynamics impacting its commercial performance. This morning, the LSE-listed online gambling group published a pre-close Q2 trading update, anticipating group revenues of $257 million – up 20% on 2020 corresponding results of $214 million. The revenue uplift …

HM Revenue and Customs (HMRC) has announced that gambling revenue for the 2020/2021 financial year fell below expectations, largely due to the economic impact of national lockdowns. Total tax receipts registered from April 2020 to March 2021 totalled £2.83 billion – a drop of £182 million or 6% when compared to 2019/2020 fiscal duties – attributed to COVID-19 lockdowns enforcing …