888 Holdings PLC (C8V.SG)
- PA Media: Money
Gambling firm 888 says revenues beat forecasts for past quarter
Per Widerstrom, who was appointed chief executive officer last year, described it as a ‘strong quarter’.
- The Telegraph
Britain’s best-paid woman hit by fine for money laundering failures at gambling empire
The online gambling firm run by Britain’s best-paid woman has been fined £582,120 after failing to prevent potential money laundering and protect vulnerable customers.
- Reuters
UPDATE 1-Bookmaker 888 to sell some US assets to Hard Rock Digital
British betting and gaming firm 888 Holdings will sell some assets in its U.S. consumer-facing operations to Hard Rock Digital, and expects to exit that business by fourth quarter of 2024, it said on Thursday. The company, which had earlier this month revealed it was considering selling the U.S. consumer-facing business amid a strategic review, said the exit is expected to realise a recurring annualised benefit to adjusted core profit of about 25 million pounds ($31.5 million) from 2025 onwards.
