Wednesday, October 5, 2022

Tag: 888 Holdings

888 keeps door open for mergers after H1 profit growth

Casino Review 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 co-founders sell off £57m stake in the company

888 Holdings
The Ben-Yitzhak brothers - co-founders of online casino 888 Holdings - have disposed of a £57m stake in the firm, the Financial Times has reported. The sale reduces the brothers’ overall stock share from 10.4 percent to just below the disclosure level of three percent. According to traders, the shares were placed through Investec Securities at 205p apiece. There have been...