Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks888 Holdings Share News (888)

Share Price Information for 888 Holdings (888)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 83.90
Bid: 84.25
Ask: 84.55
Change: 3.15 (3.90%)
Spread: 0.30 (0.356%)
Open: 80.00
High: 84.80
Low: 80.00
Prev. Close: 80.75
888 Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-Grand National sets record for UK online sports betting

Mon, 12th Apr 2021 17:30

* Entain estimates more than 100 mln stg bet on the race overall

* But takings lower than previous years due to shop closures (Adds comments from 888)

By Muvija M

April 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting event as shop closures due to the COVID-19 pandemic 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 the coronavirus lockdown measures.

Entain, which also owns the Coral brand, said more than 150,000 customers visited its websites every minute during the race, 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 gave specific figures but over 100 million pounds ($137.43 million) is estimated to have been bet on the race overall.

LUCKY BET

888, which is a pure online player, said that for 888Sport, the event was the "biggest race we have ever had, with three times the bets taken in 2019 from twice as many customers".

The race 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.

888 said the seven-figure pay-out on Minella Times was the biggest single selection pay-out on its new Sports platform, adding that Minella Times was the third most popular selection in the race.

"One lucky customer had a treble of Minella Times, Thyme Hill, and Happygolucky throughout the Aintree festival - turning £6.50 into over £1,000 at odds of 157/1," the company 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)

More News
10 Aug 2023 08:44

TOP NEWS: Entain puts aside GBP585 million for probe on old Turkey arm

(Alliance News) - Ladbrokes Coral owner Entain PLC backed its full-year expectations and explained it has a "sufficient degree of confidence" to take a GBP585 million provision for a possible settlement of an ongoing UK probe of its legacy business in Turkey.

Read more
8 Aug 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 9 August 
4imprint Group PLCHalf Year Results
Arix Bioscience PLCHalf Year Results
Bank of Cyprus Holdings PLCHalf Year Results
Bellway PLCTrading Statement
CLS Holdings PLCHalf Year Results
CML Microsystems PLCTrading Statement
Coca-Cola HBC AGHalf Year Results
Flutter Entertainment PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Hill & Smith PLCHalf Year Results
Hiscox LtdHalf Year Results
Impact Healthcare REIT PLCHalf Year Results
MaxCyte IncHalf Year Results
Polymetal International PLCTrading Statement
RM PLCHalf Year Results
Secure Trust Bank PLCHalf Year Results
TP ICAP Group PLCHalf Year Results
Tui AGQ3 Results
Vaalco Energy IncHalf Year Results
Thursday 10 August 
Allianz Technology Trust PLCHalf Year Results
Antofagasta PLCHalf Year Results
Atalaya Mining PLCHalf Year Results
Capital & Regional PLCHalf Year Results
Card Factory PLCTrading Statement
Checkit PLCTrading Statement
Deliveroo PLCHalf Year Results
Derwent London PLCHalf Year Results
Entain PLCHalf Year Results
Global Connectivity PLCHalf Year Results
Hostelworld Group PLCHalf Year Results
Lancashire Holdings LtdHalf Year Results
Ocean Wilsons Holdings LtdHalf Year Results
OSB Group PLCHalf Year Results
Persimmon PLCHalf Year Results
Petrofac LtdHalf Year Results
Redcentric PLCFull Year Results
Riverstone Credit Opportunities Income PLCHalf Year Results
S&U PLCTrading Statement
Savills PLCHalf Year Results
Spirax-Sarco Engineering PLCHalf Year Results
Watches of Switzerland Group PLCTrading Statement
Wheaton Precious Metals CorpHalf Year Results
Zoo Digital Group PLCFull Year Results
Friday 11 August 
FBD Holdings PLCHalf Year Results
Murray International Trust PLCHalf Year Results
Monday 14 August 
CentralNic Group PLCHalf Year Results
Global Invacom Group LtdHalf Year Results
Plus500 LtdHalf Year Results
Stelrad Group PLCHalf Year Results
Tuesday 15 August 
888 Holdings PLCHalf Year Results
Genuit Group PLCHalf Year Results
Georgia Capital PLCHalf Year Results
Kenmare Resources PLCHalf Year Results
Just Group PLCHalf Year Results
Legal & General Group PLCHalf Year Results
MTI Wireless Edge LtdHalf Year Results
UP Global Sourcing Holdings PLCTrading Statement
Victoria PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
1 Aug 2023 14:31

IN BRIEF: Incoming 888 CEO Per Widerstrom buys GBP1 million in shares

888 Holdings PLC - Gibraltar-based betting operator - Incoming Chief Executive Officer Per Widerstrom buys 940,996 shares at 109.6 pence, worth GBP1.0 million, on Monday and on Friday last week. They are his first shares. Widerstrom was CEO of Fortuna Entertainment Group, a betting and gaming firm in central and eastern Europe, and joins 888 on October 16.

Read more
25 Jul 2023 10:56

888 names industry veteran with "strong record" on governance as CEO

(Alliance News) - 888 Holdings PLC on Tuesday named Per Widerstrom as chief executive officer, ending its roughly six-month search for a new boss, as the gambling firm looks to re-emerge from a tricky period recently.

Read more
25 Jul 2023 09:30

SMALL-CAP WINNERS & LOSERS: Reach rises despite interim profit fall

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

Read more
25 Jul 2023 07:50

Betting firm 888 Holdings appoints Widerström as CEO

July 25 (Reuters) - British bookmaker 888 Holdings named Per Widerström as its new CEO on Tuesday after shrugging off shareholder FS Gaming's call to appoint its candidates to top roles.

Read more
25 Jul 2023 07:49

888 appoints Per Widerström as CEO

(Sharecast News) - William Hill and Mr Green owner 888 said on Tuesday that it has appointed Per Widerström as chief executive officer with effect from 16 October.

Read more
19 Jul 2023 14:11

IN BRIEF: 888 director & ESG chair resigns for Allwyn CEO position

888 Holdings PLC - Gibraltar-based online betting and gaming company - Andria Vidler resigns from board and as chair of the environmental, social & governance committee on September 30 to become chief executive officer of Lucerne, Switzerland-based Allwyn Entertainment.

Read more
14 Jul 2023 16:56

LONDON MARKET CLOSE: FTSE 100 treads water; US bank earnings mixed

(Alliance News) - Stock prices in London closed mostly lower on Friday, with the FTSE 100 running out of steam at the end of a bullish week, where equities were supported by cooling US inflation.

Read more
14 Jul 2023 16:49

Bookmaker 888 ends talks with investor as watchdog reviews licence

July 14 (Reuters) - British Bookmaker 888 has terminated talks on management changes proposed by shareholder FS Gaming after the industry watchdog on Friday launched a review of the company's licence to operate in the UK, sending its shares plunging 26%.

Read more
14 Jul 2023 15:21

888 says UK watchdog to probe licence after FS Gaming involvement

(Alliance News) - 888 Holdings PLC said the UK gambling watchdog is reviewing its licence, after a vehicle backed by former executives of GVC Holdings PLC proposed additions to the bookmaker's board.

Read more
19 Jun 2023 10:28

SMALL-CAP WINNERS & LOSERS: 888 edges down after recent winning streak

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

Read more
13 Jun 2023 12:11

LONDON MARKET MIDDAY: Shares fall back ahead of key US inflation data

(Alliance News) - London's large-cap and mid-cap indices had slipped into the red by midday on Tuesday, having started the day positively, as a risk-off mood crept into markets ahead of the release of key US inflation data at 1330 BST.

Read more
13 Jun 2023 09:39

SMALL-CAP WINNERS & LOSERS: 888 jumps after selling Latvian business

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

Read more
13 Jun 2023 09:31

888 shares up as completes EUR28 million sale of Latvian business

(Alliance News) - 888 Holdings PLC shares were up on Tuesday, after it said it has completed the EUR28.3 million sales of its Latvian business.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.