888, Caesars agree cut in deal price for William Hill intl assets

7th Apr 2022 07:41

(Sharecast News) - Gambling firms 888 Holdings and Caesars Entertainment have agreed a cut in the deal value of William Hill's international assets due to tougher economic and regulatory conditions.

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888 Holdings forms Africa joint venture

29th Mar 2022 07:02

(Sharecast News) - Online betting company 888 Holdings said it has signed an agreement with five industry veterans to form a new joint venture that will operate its brands across selected African markets.

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888 Holdings to pay no dividend amid William Hill acquisition

9th Mar 2022 08:18

(Sharecast News) - 888 Holdings reported a 15% rise in group revenue in its full-year results on Wednesday, or 10% at constant currency, to a new record of $980.1m (£745.41m), as it declared no dividend given the cash needed for its acquisition of William Hill.

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888 Holdings wins Ontario gaming licence

3rd Mar 2022 07:56

(Sharecast News) - Online gambling firm 888 said it has been awarded an iGaming licence by the Alcohol and Gaming Commission of Ontario, Canada.

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888 fined £9.4m for social responsibility, money laundering failures

1st Mar 2022 09:32

(Sharecast News) - Online betting and gaming company 888 has been fined £9.4m by the UK Gambling Commission for social responsibility and money laundering failures.

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888 Holdings posts record FY revenues despite pullback in Q4

18th Jan 2022 07:06

(Sharecast News) - Online betting and gaming company 888 Holdings said on Tuesday that full-year revenues had grown year-on-year to yet another fresh record despite experiencing a drop in the key metric in the fourth and final quarter of 2021.

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888 Holdings sells bingo business for $50m

15th Dec 2021 07:04

(Sharecast News) - Online gambling group 888 Holdings on Wednesday said it had sold its bingo businesses to the Broadway Gaming group for $50m on a cash-free debt-free basis, including a potential earnout of up to $4m.

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888 wins provisional licence from Virginia Lottery

1st Dec 2021 07:28

(Sharecast News) - Online gambling firm 888 Holdings said it had been awarded a provisional sports betting licence from the Virginia Lottery.

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888 sees completion of William Hill intl deal in Q1 2022

30th Nov 2021 07:51

(Sharecast News) - Online gambling firm 888 Holdings said it expected its takeover of William Hill's international business in early 2022 after receiving all mandatory clearances.

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888 to take $10m hit from Dutch closure

19th Oct 2021 07:56

(Sharecast News) - 888 Holdings reported higher third-quarter revenue but said $10m would be knocked off 2022 profit after it was forced to close its Dutch operation.

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Canaccord Genuity raises price target on 888 Holdings following William Hill acquisition

30th Sep 2021 12:46

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on gambling firm 888 Holdings from 510.0p to 690.0p on Thursday, stating the group was now "off to the races".

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Director dealings: 888 Holdings chairman ups stake

10th Sep 2021 15:50

(Sharecast News) - 888 Holdings revealed on Friday that chairman Jon Mendelsohn had acquired 24,000 ordinary shares in the FTSE 250-listed online betting and gaming company.

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888 Holdings wins race for William Hill non-US business

9th Sep 2021 07:04

(Sharecast News) - Gambling company 888 Holdings on Thursday said it had won the race to buy the non-US international business of William Hill from Caesars Entertainment for £2.2bn.

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888 Holdings wins race for William Hill non-US business

9th Sep 2021 07:04

(Sharecast News) - Gambling company 888 Holdings on Thursday said it had won the race to buy the non-US international business of William Hill from Caesars Entertainment for £2.2bn.

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Berenberg says US opportunity in 888 undervalued

8th Sep 2021 14:41

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation for shares of 888 Holdings, arguing that prospects for the online gambling group in the US remained undervalued.

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