Evoke plc

The business was founded in May 1997 by Israeli entrepreneurs Avi and Aaron Shaked and Shay and Ron Ben-Yitzhak, two sets of brothers, as Virtual Holdings Limited. The company's first website, Casino-on-Net was launched at that time, and the administrative centre was established in Antigua. In 2002 Reef Club Casino and Pacific Poker followed. In 2003 its administrative center was moved to Gibraltar.{{Cite web |date=2006-09-29 |title=888 Holdings History |url=http://www.888holdingsplc.com/About_Us/Company_History.asp |access-date=2014-01-19 |website=888holdingsplc.com}} It was first listed on the London Stock Exchange in 2005.{{Cite web |date=2006 |title=888 |url=https://books.google.com/books?id=SV4sAQAAMAAJ&q=888+holdings+london+stock+exchange+2005 |website=International Gaming & Wagering Business |page=101}} Talk of listing began in mid-2005, as other private online gambling companies began to make the move to public ownership,{{Cite web |last=Julia Fields |date=12 June 2005 |title=Has internet betting got the upper hand? |url=http://www.highbeam.com/doc/1P2-10008789.html |url-status=dead |archive-url=https://web.archive.org/web/20150402132358/http://www.highbeam.com/doc/1P2-10008789.html |archive-date=2 April 2015 |access-date=19 March 2015 |website=The Sunday Herald}} 888 Holdings owned several subsidiaries and brands, which it began to bring under the singular "888.com" brand in early 2006.{{Cite news |date=5 January 2006 |title=Gambling firm to group sites under global 888.com brand |work=Marketing Week |url=http://www.highbeam.com/doc/1G1-140536142.html |url-status=dead |access-date=19 March 2015 |archive-url=https://web.archive.org/web/20150402210448/http://www.highbeam.com/doc/1G1-140536142.html |archive-date=2 April 2015}}

Until 2006, 888 Holdings operated Pacific Poker in the US, before online gambling became illegal in that country.{{Cite book |last=James Banks |url=https://books.google.com/books?id=RaIFBAAAQBAJ&pg=PA44 |title=Online Gambling and Crime: Causes, Controls and Controversies |year=2014 |isbn=9781472414519 |page=44 | publisher=Ashgate Publishing |access-date=19 March 2015}} In late 2006 Ladbrokes and 888.com announced merger discussions.{{Cite web |date=2006-11-05 |title=Ladbrokes in 888 takeover talks |url=http://news.bbc.co.uk/1/hi/business/6118310.stm |access-date=2014-01-19 |website=BBC News}} However, in April 2007 the companies announced that due to recent changes of Tax laws in the UK and fears of legal actions by the US government, both parties had amicably agreed not to continue discussions.{{Cite web |date=2007-04-25 |title=Ladbrokes and 888 Holdings amicably end merger talks |url=http://www.casinoguide.com/ladbrokesand888holdingsamicablyendmergertalks.html |url-status=dead |archive-url=https://web.archive.org/web/20131211111047/http://www.casinoguide.com/ladbrokesand888holdingsamicablyendmergertalks.html |archive-date=11 December 2013 |access-date=2014-01-19 |website=Casinoguide.com |df=dmy-all}} In March 2007 888 announced its acquisition of Bingo business of Globalcom Limited for up to $43.4 million in cash.[http://investing.reuters.co.uk/news/articleinvesting.aspx?type=smallCapsNews&storyID=2007-03-29T134628Z_01_L29538387_RTRIDST_0_888-BINGO.XML Reuters: UK's 888 buys online bingo firm] {{webarchive|url=https://web.archive.org/web/20070403075047/http://investing.reuters.co.uk/news/articleinvesting.aspx?type=smallCapsNews&storyID=2007-03-29T134628Z_01_L29538387_RTRIDST_0_888-BINGO.XML |date=3 April 2007 }} In its first half-year, the company's bingo business earned $14 million in revenues.{{Cite web |date=1 April 2008 |title=A very good year for 888--thanks to casino business |url=http://www.highbeam.com/doc/1G1-180030292.html |url-status=dead |archive-url=https://web.archive.org/web/20150402151410/http://www.highbeam.com/doc/1G1-180030292.html |archive-date=2 April 2015 |access-date=23 March 2015 |website=IGWB: International Gaming & Wagering Business}}

888.com overtook the 4th place on the poker network list in April 2012 after almost having tripled their peak number of players from July 2010 to February 2012.{{Cite web |date=2011-10-31 |title=888POKER STATISTICS |url=http://www.pokerhistory.eu/statistics/888poker-statistics |access-date=2014-01-19 |website=PokerHistory.eu}} In February, 2015, 888 Holdings confirmed it is in "advanced talks" over a reported US$1.47 billion (£750 million) takeover by William Hill. This prompted an 18 percent jump in its share price.{{Cite web |last=Shaun |first=Greg |date=2015-02-11 |title=888.com in $1.47 Billion Acquisition Talks with William Hill |url=http://www.pokersites.com/news/888-com-1-47-billion-acquisition-talks-william-hill-5479}} The company operates under a gaming licence granted by the government of Gibraltar. Under the terms of the gaming licence 888 owns and operates a number of gaming sites (both for real money and educational sites). In 2014 888 Holdings turned down an offer to acquire the company for 700 million pounds.{{Cite news |last1=Kadhim Shubber |last2=Joel Greenberg |last3=Roger Blitz |date=3 March 2015 |title=Israeli pioneers raise stakes in online gambling |work=Financial Times |url=http://www.ft.com/cms/s/0/27c22010-b75c-11e4-981d-00144feab7de.html#axzz3Ur5OG6lA |access-date=19 March 2015}} That year the company revenues began to increase due to mobile customers on its websites, and the company's sites had 17.8 million paying users.{{Cite news |last=Roger Blitz |date=4 November 2014 |title=888 Holdings notches up record revenues |work=Financial Times |url=http://www.ft.com/intl/cms/s/0/d6d7034a-6419-11e4-bac8-00144feabdc0.html#axzz3VEeSMXZp |access-date=23 March 2015}}

In March 2018, 888 revealed that it had applied for a gaming licence in Malta, due to uncertainty over the UK's exit from the European Union (Brexit) on Gibraltar, a British Overseas Territory.{{Cite web |date=29 March 2018 |title=888 looks to Malta due to Brexit fears |url=http://www.igamingbusiness.com/news/888-looks-malta-due-brexit-fears |access-date=12 October 2018 |website=iGamingBusiness}}

On 2 May 2020, founder Shay Ben-Yitzhak died in an ultralight plane crash near Yakum, Israel at age 52. His 11-year-old son sustained minor injuries.{{Cite web |title=Famed online gambling businessman killed in plane crash, son injured |url=https://www.jpost.com/breaking-news/at-least-two-injured-trapped-in-light-plane-crash-near-yakum-626629 |website=The Jerusalem Post {{!}} JPost.com|date=2 May 2020 }}

On 3 March 2021, 888 Holdings appointed Lord Jonathan Mendelsohn as Chairman.{{cite web |last1=Pazner |first1=Itai |title=888 Holdings Plc ("888" or "the Group") Directorate Change |url=https://www.londonstockexchange.com/news-article/888/directorate-change/14885302 |website=LSE |access-date=28 November 2021}}

In May 2022, 888 announced that shareholders had approved the acquisition of international bookmakers William Hill. 888 said the deal was scheduled to close in June 2022: the company will pay £1.95 billion: the acquisition includes all of William Hill's UK assets. The deal marked 888 Holdings’ entry into the retail sports betting market with a network of over 1,400 betting shops in the UK.{{cite journal|date=16 May 2022|url=https://www.gamblingnews.com/news/888s-shareholders-approved-william-hills-acquisition/|title=888's Shareholders Approved William Hill's Acquisition|journal=Gambling News|access-date=17 May 2022}}

In May 2022, 888 announced the launch of its Sports Illustrated Sportsbook (SI Sportsbook) in Virginia. Following the launch of the SI Sportsbook in Colorado, in September 2021, the company plans on expanding the brand in more states within the year.{{cite web|date=26 May 2022|url=https://www.gamblingnews.com/news/888s-si-sportsbook-went-live-in-virginia/|title=888's SI Sportsbook Went Live in Virginia|website=Gambling News|access-date=27 May 2022}}

In March 2024, 888 announced its intention to change its name to evoke to "better reflect the strength of the group's multi-brand operating model and its vision and mission to make life more interesting by delighting players with world-class betting and gaming experiences".{{Cite web |title=Gambling group 888 to change name to evoke |url=https://www.ft.com/content/8ae026c3-7cd1-410d-a523-082728fc8c8d |access-date=2024-03-26 |website=www.ft.com|date=26 March 2024 |last1=Sugiura |first1=Eri }} The proposed change of name will need shareholder approval.{{cite news|url=https://www.independent.co.uk/business/888-hopes-to-make-life-more-interesting-as-it-plans-to-change-name-to-evoke-b2518709.html |title=888 hopes to 'make life more interesting' as it plans to change name to evoke|date=26 March 2024|newspaper=The iNdependent|access-date=29 March 2024}}

On 2 October 2006, 888 Holdings announced that it had indefinitely suspended business with US customers in light of the passage of the Unlawful Internet Gambling Enforcement Act of 2006 by the US Congress three days before.{{Cite web |date=2006-10-27 |title=Forbes: 888 suspends business from US customers |website=Forbes |url=https://www.forbes.com/business/feeds/afx/2006/10/02/afx3058492.html |url-status=dead |archive-url=https://web.archive.org/web/20080709103749/http://www.forbes.com/business/feeds/afx/2006/10/02/afx3058492.html |archive-date=9 July 2008 |access-date=2014-01-19 }}

On 14 August 2007, the US Department of Justice asked to recoup all profits made by the company in the US.{{cite web|url=http://news.bbc.co.uk/1/hi/business/6286265.stm|title='US probe' knocks gaming shares|publisher=BBC|date=22 January 2007}}

In 2015, as online gambling began to return to the United States, four of the five legal gambling websites were run by 888, including three in Delaware and one in Nevada.{{Cite web |last=Brian Pempus |date=24 February 2015 |title=Nevada, Delaware Close To Sharing Player Pools For Online Poker, Silver State Governor Says: A Year After Deal Was Signed, Implementation 'Imminent' |url=http://www.cardplayer.com/poker-news/18470-nevada-delaware-close-to-sharing-player-pools-for-online-poker-silver-state-governor-says |access-date=23 March 2015 |website=Card Player}} The company had first initiated its return to the US market in 2013, partnering with Avenue Capital Group to form the first US online poker network.{{Cite web |last=Dan Katz |date=12 March 2013 |title=888 Holdings to Create U.S. Online Poker Network |url=http://www.pokernewsdaily.com/888-holdings-to-create-u-s-online-poker-network-23442/ |access-date=23 March 2015 |website=Poker News Daily}}

In 2018, 888 expanded its American online poker business by becoming the sole owner of the All American Poker Network.{{Cite web |date=2018-12-11 |title=888 Strengthens US Online Poker Arm, Buys All American Poker Network |url=https://www.onlinepokerreport.com/33797/888-aapn-us-online-poker/ |access-date=2018-12-18 |website=Online Poker Report |language=en-US}}

Shares in 888 Holdings fell by 8% after the company revealed it was under investigation by the Gambling Commission (UKGC) in May 2017.{{Cite web |date=15 May 2017 |title=888 shares hit by Gambling Commission review |url=https://www.bbc.co.uk/news/business-39919111 |website=BBC News}} The company was fined a record £7.8 million in August 2017 after more than 7,000 customers were allowed to retain access to their betting accounts even after they decided to ban themselves.{{Cite news |date=31 August 2017 |title=Online gambling firm 888 hit with record £7.8m penalty |work=BBC News |url=https://www.bbc.co.uk/news/business-41105949 |access-date=11 September 2017}}{{Cite news |last=M.F. |date=4 October 2017 |title=How bookmakers deal with winning customers |newspaper=The Economist |url=https://www.economist.com/blogs/economist-explains/2017/10/economist-explains-5}} Self-excluded players were allowed to place bets for 13 months before 888 Holdings was fined.{{Cite web |title=888 Holdings fined over £7.8 million |url=http://online.casinocity.com/article/888-holdings-fined-over-%C2%A37-8-million-128118 |access-date=2018-02-28 |website=CasinoCity}}

In March 2022 888 UK Ltd was fined £9.4 million by the UK Gambling Commission following an investigation which uncovered anti-money laundering (AML) and social responsibility failings.{{Cite web|title=UK Gambling Commission Fines 888 UK £9.4 Million for Putting Vulnerable Customers in Harm's Way|url=https://gamblingindustrynews.com/news/regulation/ukgc-fines-888-9-4-million/|access-date=2022-03-14|website=gamblingindustrynews.com|date=March 2022 }}

{{main|888casino}}

888casino is an online gambling site operated by 888 Holdings.{{Cite web |title=European Private Equity Fund Targets 888 Holdings |url=https://www.pokernews.com/news/2014/09/permira-targets-888-holdings-19207.htm |access-date=11 September 2017 |website=Pokernews.com|date=5 September 2014 }} It was founded in 1997 and is based in Gibraltar. It is one of the Internet's oldest casinos.{{Cite web |title=888casino |url=http://www.gambling.org/casino-reviews/888casino/ |url-status=dead |archive-url=https://web.archive.org/web/20171215221450/http://www.gambling.org/casino-reviews/888casino/ |archive-date=15 December 2017 |access-date=24 December 2017 |website=Gambling.org}} In 2013 it became the first exclusively online casino to be licensed in the United States.{{Cite journal |last=Robin Wauters |date=22 March 2013 |title="An historic moment": 888 first online gambling company to win US license |url=https://thenextweb.com/us/2013/03/22/a-historical-moment-888-first-online-gambling-firm-to-obtain-us-license/ |journal=The Next Web}}

{{main|888poker}}

888poker is 888's online poker room, launched in July 2002.{{Cite web |last=Alfie Baldwin |title=888 Poker Live in London: 5 things we learned |url=http://www.gq-magazine.co.uk/article/888-poker-live-london |access-date=11 September 2017 |website=GQ Magazine|date=9 March 2016 }}

{{main|888sport}}

888sport is 888's sports betting brand. The online bookmaker was launched in March 2008.{{Cite web |title=888sport bookmaker - Bet Report |url=http://www.betreport.net/en/best-online-bookmakers/888sport-betting-review.html |access-date=19 March 2015 |website=Bet Report |archive-date=2 April 2015 |archive-url=https://web.archive.org/web/20150402131635/http://www.betreport.net/en/best-online-bookmakers/888sport-betting-review.html |url-status=dead }} The site offers both horse track betting and sports betting, in addition to access to 888 Holdings' other sites. Sports leagues on which bets can be placed include those of Europe, North America, and elsewhere. This includes live betting, where bets can be placed on in-game action, in addition to pre-game bets. The brand is the title sponsor for the 888Sport Tingle Creek Chase,{{Cite web |title=Bullets finished for season as Nicholls plots title defence - Horse Racing News - Racing Post |url=http://www.racingpost.com/news/horse-racing/dodging-bullets-bullets-finished-for-season-as-nicholls-plots-title-defence/1839096/#newsArchiveTabs=last7DaysNews |url-status=dead |archive-url=https://web.archive.org/web/20150924154235/http://www.racingpost.com/news/horse-racing/dodging-bullets-bullets-finished-for-season-as-nicholls-plots-title-defence/1839096/#newsArchiveTabs=last7DaysNews |archive-date=24 September 2015 |work=Racing Post |access-date=27 January 2016 }} in addition to the 888Sport Magnolia Stakes.{{Cite web |title=Romsdal returns at Kempton - Racing UK |url=http://www.racinguk.com/news/article/34066/romsdal-returns-at-kempton |access-date=27 January 2016}} In 2010 888sport became the title sponsor of the Fontwell Park Racecourse, renaming it the 888sport Grand Stand.{{Cite web |title=Fontwell Park Racecourse announces dream sponsorship |date=16 August 2010 |url=http://www.sportspromedia.com/news/fontwell_park_racecourse_announces_dream_sponsorship |access-date=27 January 2016}} 888sport also works in social media surrounding sporting events, distributing content to its followers form other content sources,{{Cite web |title=888sport Deliver Knockout Blow on Social Media |url=http://digitalsport.co/888sport-deliver-knockout-blow-on-social-media |access-date=27 January 2016 |website=Digital Sport|date=5 June 2014 }} and has held online sports video competitions.{{Cite web |title=888sport Launch Search to acquire Britain's Best Keepy Up |url=http://www.express.co.uk/sport/othersport/483781/888sport-Launch-Search-for-Britain-s-Best-Keepy-Up |access-date=27 January 2016 |website=Daily Express|date=20 June 2014 }} In March 2019, 888 Holdings paid £15 million for Dublin-based Dedsert Ltd, which provided the sportsbook platform for UK-licensed bookmaker BetBright. 888 CEO Itai Pazner said the acquisition "gives us the missing piece in our proprietary and technology portfolio".{{Cite news |last=Reddan |first=Fiona |title=Dublin-based betting group Betbright acquired by 888 in €17.5m deal |url=https://www.irishtimes.com/business/retail-and-services/dublin-based-betting-group-betbright-acquired-by-888-in-17-5m-deal-1.3813522 |access-date=16 March 2019 |newspaper=The Irish Times |language=en}}

{{Main Article|William Hill (bookmaker)}}

888 has owned international bookmakers William Hill since June 2022.

888 Holdings owns and operates several different online bingo sites. They offer 90-ball and 75-ball bingo games, along with online slot machine games, progressive jackpots, and scratchcards. The games all run on a no download required basis and have an emphasis on community and chat rooms. In December 2009, 888.com purchased brands including Wink Bingo, Posh Bingo, Tasty Bingo, and RedBus Bingo from Daub.{{Cite web |date=22 December 2009 |title=888 gets the nod for online bingo business Wink |url=https://www.standard.co.uk/business/888-gets-the-nod-for-online-bingo-business-wink-6747205.html |access-date=27 January 2016 |website=Evening Standard}}{{Cite news |title=888 buys Wink Bingo for up to £60 mln |url=http://uk.reuters.com/article/uk-idUKTRE5BL0XT20091222 |archive-url=https://web.archive.org/web/20160114033432/http://uk.reuters.com/article/uk-idUKTRE5BL0XT20091222 |url-status=dead |archive-date=14 January 2016 |website=Reuters|date=22 December 2009 }}{{Cite web |title=Bingo industry faces widespread closures |url=https://www.ft.com/content/353b0578-d3fb-11e1-942c-00144feabdc0 |website=Financial Times}} 888ladies.com is 888's online bingo room. The bingo site was launched in February 2008 after 888 acquired online bingo company Globalcom. 888ladies offers 75-ball, 90-ball and 5-line bingo games as well as instant games, casino games and scratchcards.{{Cite web |title=Luck be a lady for 888 |url=https://www.theguardian.com/business/2008/feb/12/technology.gambling |website=The Guardian|date=12 February 2008 }} In January 2013, 888ladies.com launched a mobile app for iOS devices, and later for Android devices.{{Cite web |title=888 Holdings Extends Partnerships With Optimal Payments and Optimove |url=http://calvinayre.com/2013/12/06/business/888-extends-deals-with-optimal-payments-optimove/ |website=Calvin Ayre|date=6 December 2013 }} The site is known for running frequent competitions.{{Cite web |last=mirror Administrator |title=Thank your grandma for her pearls of wisdom with fantastic prizes from 888ladies.com - Mirror Online |url=https://www.mirror.co.uk/features/thank-your-grandma-pearls-wisdom-3203275 |website=The Daily Mirror|date=11 March 2014 }}

Wink Bingo launched in 2008 and is the biggest site in the Joy of Bingo network and the second largest 888 bingo site. 888's acquisition of the site was followed by a TV ad campaign that included projecting the Wink Bingo logo onto the Houses of Parliament.{{Cite web |title=888.com acquires Wink Bingo |url=http://www.marketingweek.co.uk/888com-acquires-wink-bingo/3008167.article |website=Marketing Week}} Wink Bingo also runs frequent promotions and competitions. In January 2014, Wink launched The Breakfast Club competition, asking readers to photograph their meals and upload them to the Wink Bingo Facebook page for the chance to win ASDA vouchers. The competition received news coverage in Hello! Magazine{{Cite web |title=Prince Albert of Monaco's daughter Jazmin Grace Grimaldi in the spotlight |url=http://www.hellomagazine.com/brandadvice/2014011616556/wink-bingo-breakfast-club-photo-your-food/# |access-date=27 January 2016 |website=Hello!|date=16 January 2014 }} and Reading Chronicle.{{Cite web |title=Can you picture the perfect breakfast? |url=http://www.readingchronicle.co.uk/whatson/roundup/articles/2014/01/27/97182-can-you-picture-the-perfect-breakfast/ |url-status=dead |archive-url=https://web.archive.org/web/20140808045350/http://www.readingchronicle.co.uk/whatson/roundup/articles/2014/01/27/97182-can-you-picture-the-perfect-breakfast/ |archive-date=8 August 2014 |website=Reading Chronicle |df=dmy-all}} Posh Bingo launched in September 2006 and underwent a major redesign in March 2012. The site has a fashion theme. Tasty Bingo launched in March 2010 and is themed around food. RedBus Bingo launched in April 2010 and has a London theme. Bingo Street launched in July 2011, and is based on a typical UK street, with rooms titled 'Bingo Supermarket' and 'Bingo Hall'.{{Cite news |last=Alan Graham |date=6 August 2014 |title=888Poker Attracting More Players Despite Global Decline |work=Poker News Report |url=http://www.pokernewsreport.com/888poker-attracting-more-players-despite-global-decline-16907 |access-date=19 March 2015}}

Big Brother Bingo launched in January 2012 and is based on the reality television show Big Brother{{Cite web |title=888.com rolls out Big Brother Bingo |url=http://www.mediaweek.co.uk/article/1111945/888com-rolls-big-brother-bingo |website=MediaWeek}} on Channel 5.{{Cite web |title=Saturday 27 July |url=http://www.channel5.com/shows/big-brother/episodes/saturday-27-july |website=Channel 5}} There are also standard cash prizes and polls on the housemates.

888bingo.com is the second online bingo site by 888, after 888ladies. It was formally launched in December 2009. It offers a selection of games including 75-ball and 90-ball bingo, team bingo, slots, instant games, video poker, and table games. 888's Facebook app Bingo Appy launched in December 2012.{{Cite web |last=Nick Fletcher |title=888 jumps after unveiling Facebook deal, as market moves higher on eurozone and US optimism |url=https://www.theguardian.com/business/marketforceslive/2012/dec/12/888-facebook-ftse-eurozone-us |website=The Guardian|date=12 December 2012 }} offering bingo, casino and slots games via Facebook. It is now the only bingo app on Facebook to permit users to bet and win real money,{{Cite news |title=Facebook takes a gamble on 888 casino deal |url=https://www.thetimes.co.uk/tto/business/industries/technology/article3629847.ece |website=The Times|last1=Ahmed |first1=Murad }} with Bingo Friendzy's withdrawal.{{Cite web |title=Gamesys pulls real-money Facebook app |url=http://www.egrmagazine.com/news/gamesys_pulls_real-money_facebook_app |url-status=dead |archive-url=https://web.archive.org/web/20140721204113/http://www.egrmagazine.com/news/gamesys_pulls_real-money_facebook_app |archive-date=21 July 2014 |website=egrmagazine.com |df=dmy-all}} The app offers 75-ball and 90-ball bingo, instant games, scratchcards and freebie rooms. 888 had initially provided a 'freemium' or play-for-fun service on Facebook before the introduction of Bingo Appy.{{Cite web |date=12 December 2012 |title=888 Holdings climbs on Facebook agreement |url=https://www.telegraph.co.uk/finance/markets/9741076/888-Holdings-climbs-on-Facebook-agreement.html |website=The Telegraph}}

Sports illustrated Sportsbook is a brand that combines 888 and Sports illustrated and offers players sports betting offerings. The company combines sports offerings from 888 in addition to sports data from Sports illustrated and is currently live in the U.S. states of Colorado, Michigan, and Virginia. On February 9, 2023, SI Sportsbook launched its casino product in Michigan, marking the official expansion of the sports book product into the casino space {{Cite web|url=https://pokerindustrypro.com/news/article/218812-sports-illustrated-si-casino-quietly-launches|title=Sports Illustrated (SI) Casino Quietly Launches in Michigan|date=9 February 2023|website=pokerindustrypro.com}}

In March 2024, 888 announced that it would be selling its US online gambling assets to Hard Rock Digital, concluding its strategic review of its US B2C and exiting the US market.{{cite web |title=888 to Exit US and Sell Assets to Hard Rock Digital |url=https://www.casinoreviews.net/news/888-to-sell-all-us-b2c-operations-to-hard-rock-digital/ |website=casinoreviews.net|date=28 March 2024 |access-date=28 March 2024}} The sale is subject to regulatory approvals and other conditions, expected to be finalized in stages by year-end. 888 plans a controlled exit from its US B2C operations by the end of 2024, anticipating a recurring annualized benefit to EBITDA of £25 million starting in 2025, with £10 million reinvested for growth. However, the exit will incur one-off cash costs of approximately £40 million, including a brand license termination fee. Additionally, 888 will end its partnership with Authentic Brands Group, paying $25 million in cash and an additional $25 million by 2029.{{cite web |title=Bookmaker 888 to sell some US assets to Hard Rock Digital |url=https://www.reuters.com/markets/deals/bookmaker-888-sell-some-us-assets-hard-rock-digital-2024-03-28/ |website=reuters.com |access-date=28 March 2024}}

Gigi Levy was chief executive (CEO) until 2011; he was paid an annual salary of $841,000 and an annual bonus of $1,007,000 in 2010.{{Cite web |title=Gigi Levy: Executive Profile & Biography |url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=27715175&ric=888.L |archive-url=https://web.archive.org/web/20091016163232/http://investing.businessweek.com/research/stocks/people/person.asp?personId=27715175&ric=888.L |url-status=dead |archive-date=16 October 2009 |access-date=23 August 2009 |website=BusinessWeek |publisher=McGraw-Hill}}

In March 2012, Brian Mattingley was appointed as CEO of 888 Holdings.{{Cite news |date=25 March 2012 |title=888 to Appoint Mattingley as Permanent CEO, Times Says |work=Bloomberg L.P. |url=http://www.businessweek.com/news/2012-03-25/888-to-appoint-mattingley-as-permanent-ceo-times-says|archive-url=https://web.archive.org/web/20120328072150/http://www.businessweek.com/news/2012-03-25/888-to-appoint-mattingley-as-permanent-ceo-times-says|url-status=dead|archive-date=28 March 2012}} In 2015 Mattingley left the position of CEO to assume the position of executive chairman of 888 Holdings.{{Cite web |last=Jason Reynolds |date=29 August 2014 |title=888 to Expand as CEO Mattingley Steps Down |url=http://www.pokersites.com/news/888-expand-ceo-mattingley-steps-2184 |access-date=23 March 2015 |website=Poker Sites}}

In January 2019, 888 Holdings elevated chief operating officer Itai Pazner, a 17-year company veteran, to CEO, replacing Itai Frieberger, who had replaced Mattingley as CEO in 2015.{{Cite web |date=24 January 2019 |title=888 Holdings CEO to step down |url=https://www.reuters.com/article/888-holdings-ceo/888-holdings-ceo-to-step-down-idUSL3N1ZO2UU |access-date=24 January 2019 |website=Reuters |language=en}}

It was announced in January 2023 that Pazner would be removed from his role as CEO.{{Cite web |last=Fletcher |first=Robert |date=2023-01-30 |title=Pazner removed as 888 chief executive |url=https://igamingbusiness.com/people/people-moves/pazner-exits-as-chief-executive-of-888/ |access-date=2023-04-30 |website=iGB |language=en-US}}

• Mytopia

{{reflist}}

• Official website: corporate.888.com
• [https://www.reuters.com/finance/stocks/company-profile/888.L 888] on Reuters

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Category:Online gambling companies of Gibraltar

Category:Companies listed on the London Stock Exchange

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Category:Gambling companies established in 1997

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