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Pin to quick picks888 Holdings Regulatory News (888)

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Share Price: 88.65
Bid: 88.25
Ask: 88.55
Change: 0.05 (0.06%)
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Open: 89.70
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Low: 87.50
Prev. Close: 88.60
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Conclusion of GBGC Licence Review

22 Mar 2024 07:00

RNS Number : 8764H
888 Holdings plc
22 March 2024
 

 

22 March 2024

 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

FOR IMMEDIATE RELEASE

 

888 Holdings Plc

("888" or "the Group")

 

Conclusion of GBGC Licence Review

888 (LSE: 888), one of the world's leading betting and gaming companies with internationally renowned brands including William Hill, 888 and Mr Green, today announces that the GB Gambling Commission ("GBGC") has informed 888 that it has concluded its review of the Group's operating licences under Section 116 (2)(c)(ii) of the Gambling Act 2005 (the "Gambling Act") that was announced by 888 on 14 July 2023 (the "Licence Review").

The GBGC has concluded the Licence Review without imposing any licence conditions, financial penalties or other remedies on the Group after being satisfied that the risk to the licensing objectives under the Gambling Act that led to the review have been appropriately managed and adequately mitigated.

 

 

Enquiries and further information:

888 Holdings Plc

+44(0) 800 029 3050

Per Widerström, CEO

Sean Wilkins, CFO

Vaughan Lewis, Chief Strategy Officer

 

Investor Relations

James Finney, Director of IR

 

Media

 

ir@888holdings.com

 

 

888williamhill@hudsonsandler.com

Hudson Sandler

Alex Brennan / Michael Sandler

+44(0) 207 796 4133

 

 

About 888 Holdings Plc:

888 Holdings plc (and together with its subsidiaries, "888" or the "Group") is one of the world's leading betting and gaming companies. The Group owns and operates internationally renowned brands including William Hill, 888, and Mr Green. Incorporated in Gibraltar, and headquartered and listed in London, the Group operates from offices around the world.

The Group's mission is to lead the gambling world in creating the best betting and gaming experiences, bringing unrivalled moments of excitement to people's day-to-day lives. It achieves this by developing state-of-the-art technology and content-rich products that provide fun, fair, and safe betting and gaming entertainment to customers worldwide.

Find out more at:

http://corporate.888.com/

 

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