888.com Says Acquisitions Are Likely: CEO Vague on Details

Submitted by Guest on

Written by :

Guest

Published on :

Online gaming company 888 Holdings (888.L: Quote, Profile, Research) is considering acquisition opportunities and is likely to do a deal in the months ahead, Chief Executive Gigi Levy told Reuters.

"We are definitely looking into a few acquisition opportunities. We are quite likely to be doing an acquisition in the coming quarters," Levy said in an interview.

"For the time being, we see ourselves as consolidators."

Levy declined to give further details.

888's most recent acquisition was the $32.4 million (16.4 million pound) takeover of the online bingo division of privately owned Globalcom in March 2007.

In April last year, 888 and Ladbrokes (LAD.L: Quote, Profile, Research) broke off talks about a possible takeover of 888 by the bookmaker.

Related Content

Instadocs: The Prediction Games Comes Out Sunday July 26

Instadocs: The Prediction Games Comes Out Sunday July 26

Prediction market Kalshi immediately sent out a cease and desist letter upon being notified of the trailer it says is "misleading". The prediction market claims that the trailer features what appear to be "fabricated" bet slips.
SpinBlitz Sweepstakes Casino Reviews August 2026

SpinBlitz Sweepstakes Casino Reviews August 2026

SpinBlitz was previously known as Scratchful before rebranding in 2024.
LeBron James’ Next Team Speculation is Driving Huge Action at Prediction Markets

LeBron James’ Next Team Speculation is Driving Huge Action at Prediction Markets

LeBron James Next Team betting markets have so far generated over $200 million just on Kalshi.
Trial Continues for One Time Exec of Malta's BestPlay Gaming Ltd Charged With Complicity in Journalist Assassination

Trial Continues for One Time Exec Tied to Malta's BestPlay Gaming Ltd Charged With Complicity in Journalist Assassination

Businessman Yorgen Fenech who once had ties to Malta's BestPlay Gaming Ltd is on trial accused of complicity in journalist Daphne Caruana Galizia voluntary homicide and criminal association.