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This Is Money

888 Holdings' finance boss to leave amid a slowdown in online gambling

Depature: Yariv Dafna (pictured) will leave as chief financial officer of 888 Holdings at the end of March Gambling group 888 Holdings has revealed a slowdown in demand over the past year, as loosening Covid-19 restrictions meant many customers returned to betting shops. Retail revenues jumped by 54 per cent to £519million last year, but this was…
Covid
888 Holdings' finance boss to leave amid a slowdown in online gambling
This Is Money

888 Holdings shares plummet as online gambling is hit by slowdown

888 Holdings shares plummeted on Friday after the gambling group revealed a massive drop in profits. Pre-tax profits at the Gibraltar-based business tumbled by two-thirds to £14.4million in the first half of 2022 as loosening Covid restrictions and stricter safety measures led to a decline in Britons gambling online. Profits were also dented by…
Sports
888 Holdings shares plummet as online gambling is hit by slowdown
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Malta Today

The most successful Malta-based gaming companies

If you've ever wondered why Malta is a home ground for many successful international companies - the answer lies in the tax regulations. Malta has a low tax company policy, making it a suitable setting for success stories, including the iGaming industry. In this article, you'll become familiar with the top three Malta-based company success…
Malta
The most successful Malta-based gaming companies
This Is Money

Casino gaming helps 888 achieve a 'record' year of revenue

Gambling company 888 Holdings has posted a record year of trade despite a slowdown in the fourth quarter, thanks to handsome growth in casino gaming. The Gibraltar-based group saw its revenue surge by 14 per cent to $972million last year, with around three-quarters of takings deriving from its regulated and taxed markets, which include the UK,…
Finance
Casino gaming helps 888 achieve a 'record' year of revenue
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This Is Money

888 Holdings confirms £38m deal to sell its bingo operations

Online gambling group 888 Holdings has agreed to sell its bingo businesses for at least $50million (£38million) in order to focus on its core operations. The FTSE 250 company has the potential to receive another $4million from the sale to Saphalata Holdings, a division of Broadway Gaming, should it hit specific revenue-based performance targets…
Bingo
888 Holdings confirms £38m deal to sell its bingo operations
High Stakes

Three Online Casino Brands Closed by William Hill

William Hill announced that EuroGrand,21 Nova, and Casino Club brands will cease to operate by January 2022. According to company officials, the move is part of streamlining its operations. "We have taken a strategic decision to close our EuroGrand, 21Nova and William Hill Casino Club brands. This comes as part of our continuous evaluation of our…
Industry
Three Online Casino Brands Closed by William Hill
Casino News Daily

Evoke Gaming Faces Regulatory Action by Swedish Gambling Regulator

Another William Hill online gambling operation seems to have experienced compliance issues in the Swedish market after the local regulator, Spelinspektionen, last week ordered Evoke Gaming to re-verify player accounts registered with its brands between January 2019 and July of the same year. During a probe on Evoke's activities in Sweden, the…
Law
Evoke Gaming Faces Regulatory Action by Swedish Gambling Regulator
Golden Casino News

Best Quickfire Online Casinos for May 2021 Revealed

There are many great gambling software developers in the world today. They are all battling it out to try to achieve dominance over all others. While this is very hard to do, it helps each developer push themselves continually towards excellence. Quickfire is a platform that aims to bring a lot of these developers together as a one stop shop for…
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