Wednesday, November 25, 2020

Tag: 888 Holdings

Poker giants size up sports betting allies

Betting Business - Poker
With poker revenues failing to cut the mustard in 2016, both Amaya and 888 Holdings have declared their appetite for major mergers. Both have a sports betting match firmly in their sights.   Now that 2016’s financials are all out in the open, some of betting and gaming’s biggest beasts are preparing their wares in time for acquisition season. None more...

888 keeps door open for mergers after H1 profit growth

Betting Business 888 Holdings
888 Holdings has praised the “outstanding momentum” of its online sportsbook and casino operations as pre-tax profits rose by 39 percent in the first half of the year, while CEO Itai Frieberger has insisted the firm is still “open for business” after its failed acquisition bid.   The CEO of 888 Holdings has brushed off a disappointing summer that saw its...

888 Holdings and the Rank Group may team up for William Hill bid

Consortium William Hill Rank Group 888 Holdings
The two gaming groups have formed a consortium for a potential takeover of the bookies, but confirm that no formal approach has been made.   888 and Rank have confirmed that they have formed a consortium for a potential £3bn (E3.6bn) joint buyout of William Hill, after the departure of the firm’s CEO James Henderson last week, amid allegations he failed...

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