888 Holdings will soon change its name to evoke plc after shareholders nearly unanimously approved the rebranding. At the company’s Annual General Meeting on Monday, 99.79% of the total votes cast were in favor of the new name. Of the 18 resolutions, just three had a higher “for” percentage than the rename, and they were… Read more »
What’s in a name? In an interesting move that reeks of “corporate speak,” gambling company 888 Holdings announced this week that it intends to change its name to “evoke.” That’s the word evoke, all lowercase. The announcement was quiet – 888 didn’t send out a big press release about it or anything – simply mentioned… Read more »
888 staggered The bottom dropped out of shares in gambling group 888 Holdings plc on Monday as CEO and Executive Director Itai Pazner has stepped down from both roles as an internal investigation into possible failures in the company’s anti-money laundering (AML) and know-your-customer (KYC) processes. 888’s shares opened down nearly 10% from Friday’s close… Read more »
Cost-cutting move Struggling to pare down its debt, 888 Holdings announced last week that it withdrawing its sports betting product out of some states. The company has decided to focus on states that have online casino gaming in addition to sports betting, going for an “unsexy sweet spot” in the US gambling market. 888 acquired… Read more »
Online gaming has been a part of the lexicon for the past 25 years. The American Gaming Association (AGA), the lobbying group for the American casino market, has had several different stances regarding online gaming over that time span. In a letter to the U. S. Department of Justice last week, the AGA has once… Read more »
Dotting i’s and crossing t’s UPDATE: The companies announced on September 9 that 888 Holdings is, in fact, buying William Hill’s non-US assets for £2.2 billion. 888 has already received support for the move from its largest shareholders, totaling 47% of the company’s shares, as well as from its Board of Directors. It expects the… Read more »
WSOP.com keeps its software provider 888 Holdings has announced that it has inked a multi-year extension to its B2B partnership with Caesars Interactive Entertainment. No duration or specific monetary terms were revealed in Tuesday’s press release. The upshot of this is that 888 will continue to be the World Series of Poker’s software provider for… Read more »
There’s been a great deal of everyday life that has shut down since the COVID-19 pandemic began and people were put into, to paraphrase The Clash, “the clampdown.” Along with carry-out meals from restaurants and grocery stores, there have been some businesses that have experienced a resurgence, however. One of those, perhaps not surprisingly, is… Read more »
Many may think that the States of America is the only country that is having issues with the question of online gaming and poker. But nothing would be further from the truth. Australia continues to ban out-of-country gaming companies from their citizens and China, Russia and other countries continue to crack down on the activity.… Read more »
Looking to get their online gaming industry up and running before the end of 2018, the Pennsylvania Gaming Control Board has officially granted approval to three casinos for online gaming operations. Who Will Be First to Open? In July, nine casinos in the 13-casino operation in the state of Pennsylvania applied for licenses for online… Read more »
