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Statement re: Nevada

10 Mar 2011 07:00

RNS Number : 6618C
888 Holdings plc
10 March 2011
 



10 March 2011

 

888 Holdings Public Limited Company

('888' or 'the Company')

 

Statement re: Nevada Gaming Commission application related to gaming outside the state of Nevada

 

On 11 September 2009, Dragonfish, the Company's independent B2B division, announced a long-term agreement with Caesars Interactive Entertainment, Inc. ('CIE,' formerly known as Harrah's Interactive Entertainment, Inc.), a subsidiary of Caesars Entertainment Corporation. ('Caesars,' formerly known as Harrah's Entertainment, Inc.), to provide services to support the UK launch and roll-out of CIE's World Series of Poker and Caesars Casino brands.

 

Caesars, which is registered with the Nevada Gaming Commission ('NGC'), submitted to the NGC and the Nevada State Gaming Control Board ('GCB') an application for a finding of suitability concerning CIE's supplier relationship with Dragonfish (the 'Application'). The Application relates to state law in Nevada that covers Nevada gaming companies conducting gaming outside the state of Nevada.

 

On 9 March 2011, the GCB considered the Application and recommended to the NGC that the requested finding of suitability be granted to CIE regarding its commercial relationship with Dragonfish.

 

The NGC will consider the Application on 24 March 2011.

 

The Company will update the market as appropriate.

 

-ends-

 

Contacts and enquiries

 

888

Gigi Levi, Chief Executive Officer

+350 200 49800

Aviad Kobrine, Chief Financial Officer

+350 200 49800

M:Communications

Ann-marie Wilkinson/Andrew Benbow

+44 (0)20 7920 2344

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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