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Pin to quick picks888 Holdings Share News (888)

Share Price Information for 888 Holdings (888)

London Stock Exchange
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Share Price: 87.45
Bid: 86.90
Ask: 87.15
Change: 1.90 (2.22%)
Spread: 0.25 (0.288%)
Open: 82.00
High: 87.45
Low: 82.00
Prev. Close: 85.55
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UPDATE 1-Grand National sets record for UK online sports betting

Mon, 12th Apr 2021 17:30

(adds details in para four)

By Muvija M

April 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting event as shop closures meant punters had to go online or use mobile apps to bet on one of the annual highlights of the horseracing calendar.

Entain, the owner of Ladbrokes, and rival William Hill separately told Reuters on Monday that the total takings were however lower than in previous years due to COVID-19 lockdowns.

Entain, which also owns the Coral brand, said more than 150,000 customers visited its websites every minute during the event, which took place on Saturday in front of empty stands after a pandemic-led cancellation in 2020.

Rachael Blackmore won on Minella Times at odds of 11-1, becoming the first female jockey to triumph in the race, which began in 1839.

"This year's Grand National event saw record-breaking betting volumes for our UK brands and huge customer excitement in line with the thrilling outcome," Dominic Grounsell, who heads Sports Brands at Entain, said on Monday.

Neither company can give specific figures but over 100 million pounds ($137.43 million) is estimated to have been bet on the race overall.

The event typically draws in bets from around 13 million people, roughly a third of adults in the UK, each year.

A compelling storyline should encourage some of those occasional gamblers to take a closer interest in the sport.

"The problem is that if we have a bad result we don't see the money coming back as for many it is their one bet of the year. This year was good and we did well considering we saw the first ever female winner," a William Hill spokesman said.

The expertise in online gambling and sports betting that the bookmakers have in Britain, which is amongst the first major countries to regulate the market, has attracted American suitors as the United States opens up to sports betting.

($1 = 0.7276 pounds) (Reporting by Muvija M in Bengaluru; Editing by Keith Weir and Ken Ferris)

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15 Sep 2023 09:14

IN BRIEF: Eagle Eye hires 888 director as chair as Wall steps down

Eagle Eye Solutions Group PLC - London-based software-as-a-service marketing solutions provider - Chair Malcolm Wall will not seek re-election at the annual general meeting in November, having completed his nine-year board tenure. Says Wall oversaw its "evolution on the public markets and the considerable expansion of [its] offering, customer base, geographic reach, and growing profitability." Anne De Kerckhove, currently senior independent director of 888 Holdings PLC, will join Eagle Eye's board on October 1 and succeed Wall as chair. Her previous roles include global director of Relx PLC, then named Reed Elsevier, and chief operating officer and international managing director at Inspired Gaming Group.

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13 Sep 2023 09:50

888 Holdings hires Superbet's Sean Wilkins as new CFO

(Alliance News) - 888 Holdings PLC on Wednesday announced the appointment of Sean Wilkins as its new chief financial officer, with Yariv Dafna set to step down from the role next month.

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13 Sep 2023 07:43

888 appoints Sean Wilkins as CFO

(Sharecast News) - William Hill and Mr Green owner 888 said on Wednesday that it has appointed Sean Wilkins as chief financial officer with effect from 1 February 2024.

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31 Aug 2023 08:59

LONDON BROKER RATINGS: Jefferies cuts CMC Markets to 'underperform'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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31 Aug 2023 07:49

LONDON BRIEFING: Stocks seen higher; Grafton begins another buyback

(Alliance News) - Stocks in London are set to open higher on Thursday as market focus turns to inflation and whether it is cooling enough to justify a pause in September from the European Central Bank and the US Federal Reserve.

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30 Aug 2023 17:55

TOP NEWS: M&S returns to FTSE 100 after four years, Persimmon exits

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 18, after completing its quarterly review.

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24 Aug 2023 14:37

Broker tips: Ryanair, 888 Holdings

(Sharecast News) - JPMorgan Cazenove placed Ryanair on 'positive catalyst watch' on Thursday ahead of the airline's capital markets day on 5 September, as it expects it to highlight the strengths of its business model and how it might achieve a circa 30% intra-European share by 2034.

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24 Aug 2023 10:43

SMALL-CAP WINNERS & LOSERS: 888 rises as looks set for FTSE 250 return

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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24 Aug 2023 09:38

Things are looking up at 888, says Berenberg

(Sharecast News) - Berenberg has reiterated its 'buy' rating for 888 Holdings despite the betting and gaming group disappointing the market with its recent first-half results, saying the company is "ready to de-lever" under its new chief executive officer.

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TOP NEWS: M&S set to be FTSE 100 outfit again but Persimmon may fall

(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way.

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16 Aug 2023 10:26

World Cup fuels surge in women's sports betting, but early kick-offs weigh

Aug 16 (Reuters) - British bookmakers have seen a surge in the number of bets placed on the Women's World Cup compared with previous years, though the timing of the matches meant betting volumes were down on last year's European Championship.

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15 Aug 2023 09:51

SMALL-CAP WINNERS & LOSERS: UP Global posts record annual revenue

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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15 Aug 2023 09:35

REPEAT: 888 swings to loss despite soaring revenue as costs widen

(Alliance News) - 888 Holdings PLC on Tuesday said it swung to a loss in the first half of 2023, despite revenue more than doubling, as operating expenses multiplied alongside other rising costs.

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15 Aug 2023 09:30

William Hill acquisition boosts first-half results at 888 Holdings

(Sharecast News) - Betting and gaming giant 888 Holdings reported a boosted first-half performance on Tuesday, on the back of its acquisition of William Hill last July.

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15 Aug 2023 09:29

Bookmaker 888 sees 2023 revenue decline towards upper end of range

Sees annual revenue decline towards upper end of range

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