Tag Archives: Brian Mattingley

Itai Frieberger promoted to CEO at 888

Online gaming operator 888 has promoted Chief Operating Officer Itai Frieberger to the position of CEO, a move that has seen Executive Chairman Brian Mattingley move into a non-executive role with immediate effect. Frieberger has been Chief Operating Officer of 888 since 1 April 2011 and joined the Board on 13 May 2015. Mattingley commented: “We are delighted to announce the …

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888 Holdings asks for regulator approval of Itai Frieberger as CEO

UK newspaper The Daily Telegraph has reported that 888 Holdings is seeking for regulatory approval in order to finalise the appointment of current Chief Operations Officer Itai Frieberger as its new company leader. 888 corporate governance has requested all core market authorities to review the appointment of Frieberger as new Chief Executive, a best practice process which could take months …

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Brian Mattingley – 888 is No Takeover Target

Having pulled out of the bwin.party Entertainment takeover race last Friday, 888 Holdings Chairman Brian Mattingley has told the Financial Times that the company is still on the lookout for further acquisitions. The 888 Chairman further stated that the operator was “not a target” within the consolidating igaming sector which has seen significant M&A activity in 2015. Mattingley noted that …

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888 Holdings walks out of bwin.party takeover discussions

Following this morning’s announcement by bwin.party Entertainment governance, that it had selected GVC Holdings £1.1 billion takeover offer over its prior bid of £908 million, 888 Holdings governance has publicly announced that it has withdrawn from acquisition discussions. The withdrawal sees 888 ends its deal co-operation agreement (accepted on 17 July) with bwin.party governance. In a short statement, 888’s board concluded that …

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888 stands by its bwin.party takeover bid

Following yesterday’s announcement that the governance of bwin.party Entertainment were reviewing the conditions of GVC’s 122.5p per share takeover bid (value -£1.1 billion). 888 Holdings has stated that it remains confident in its offer of £908 million trumping GVC’s increased bids. 888 governance had noted that it was aware of the review undertaken by bwin.party, however the board continues to believe …

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888 Chairman Brian Mattingley wants fair fight for bwin.party

Speaking to The Times, 888 Holdings Chairman Brian Mattingley stated that he remains confident that his firm would win in its pursuit of bwin.party Entertainment, against the increased takeover bid of GVC Holdings. Mattingley who replaced Executive Chairman Richard Kilsby in May, told The UK newspaper that he expects a clean and fair fight for bwin.party operations, as GVC increased …

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Brian Mattingley takes over as 888 Holdings Executive Chairman

Following its Annual General Meeting (AGM), 888 Holdings confirmed a number of governance changes to its board. As confirmed at the start of 2015, 888 Holdings officially announced the retirement of Richard Kilsby as Executive Chairman after nine years’ service to the operator. Kilsby will be replaced by Brian Mattingley who steps down as company CEO to take over the …

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888 eyes potential acquisitions for sports betting boost

Speaking to the Daily Telegraph 888 CEO Brian Mattingley has stated that company governance is on the lookout for potential acquisitions to boost its sports betting division and to replace lost earnings caused by Point of Consumption (POC) duty impacts. Mattingley who had turned down an acquisition offer from William Hill at the start of 2015, had on Tuesday announced …

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888 delivers record breaking 2014 performance

888 Holdings has announced ‘another record-breaking year’, as the operator posted its 2014 full year performance, with reported growth on all top line metrics. The igaming operator was able to record revenue increases in both of its key product divisions, as B2C saw a 11% jump to $391 million (FY 2013: $352 million) and B2B increased 32% to $64 million …

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888 ends William Hill takeover talks

Israeli igaming operator 888 Holdings has revealed that it has ended takeover discussions with William Hill Plc. The operator stated that the negotiations had been terminated due to significant differences in value and pricing as William Hill offered 888 Plc 200 pence per share. 888’s shares jumped more than 20% last Friday after it said it had received a takeover …

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