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REG - 888 Holdings plc - Conclusion of GBGC Licence Review

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RNS Number : 8764H  888 Holdings plc  22 March 2024

 

22 March 2024

 

 

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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                                                                                                                                                                 ir@888holdings.com (mailto:ir@888holdings.com)

 Media

                                                                                                                                                                                              888williamhill@hudsonsandler.com (mailto:888williamhill@hudsonsandler.com)
 Hudson Sandler                                                                                                                                                                               +44(0) 207 796 4133

 Alex Brennan / Michael Sandler

 

 

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/ (http://corporate.888.com/)

 

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