888 Share Discussion Threads

[coxsmn] 20/1/2021 11:00

Ceasars a better fit.If i were them i would certainly be considering a bid within the next few months.

[saltaire111] 20/1/2021 09:05

MGM’s pulled out of Proposed deal with Entain.

Might they look at 888 as an alternative?

[makinbuks] 19/1/2021 09:09

Good to hear that the US partnership is being enhanced. I have mixed feelings about whether I would like to see Caesars launch a bid

[hawaly] 19/1/2021 08:01

888 Holdings plc - 888 extends strategic U.S. partnership
19th January 2021, 07:00




888, one of world's leading online gaming entertainment and solutions providers, is pleased to announce that it has agreed to a multi-year extension of its exclusive B2B poker partnership with Caesars Interactive Entertainment ("CIE"). The new agreement will see 888 continue to power the World Series of Poker ("WSOP") brand's online poker rooms as the company plans its entry into new regulated markets.

WSOP is the world's most prestigious and longest-running poker series, which sees hundreds of thousands of entrants from across the globe compete for millions of dollars with live tournaments broadcast to an international audience. Through the partnership, 888 will continue to provide its turnkey poker platform and services to CIE in the U.S. including bringing the WSOP's online poker rooms to players' mobiles and desktops.

The partnership will also see 888 continue to power the U.S. market's only interstate shared player liquidity poker network across the states of New Jersey, Delaware and Nevada, connecting an increasing number of poker players to enhance the availability of poker games and formats for its customers.

The agreement will see the launch of "Poker 8", 888's next generation software, in the U.S. Poker 8, which successfully launched in Europe in November 2020, is a significant advancement in user experience including new graphics and animations while also including key features like multi-day and multi-flight tournaments.

In addition to powering the WSOP online poker brand, the partnership will also see 888 continue to supply its proprietary casino platform and content to CIE's casino brands, Harrah's and World Series of Poker Casino in New Jersey. The partnership will also enable 888, through the WSOP brand and subject to regulatory approvals, to gain a presence in new jurisdictions across the U.S., such as Pennsylvania, where CIE holds a license to operate.

[makinbuks] 14/1/2021 12:28

£3 certainly seems to be a ceiling we find impossible to sustainably breach. I think this is the third time in the last few years

[rimau1] 14/1/2021 10:18

Certainly the business outperformance and wider sector consolidation was priced in, we were sub £2.50 in Q3 before WMH and Entain moves. Happy to consolidate at these levels, with the rise this is my largest holding. Patience required as always to realise true value. The outstanding proprietary platform and technology will be in high demand from larger competitors and US casino operators, i think 888sport is a fantastic brand to develop.

[gbh2] 14/1/2021 09:13

A Bid already appears to be priced in, which imo, is why the update hasn't had much impact on the share price

[coxsmn] 14/1/2021 09:09

I expect a bid from Vegas Sands coming this year.

Another record month in New Jersey just shy of one billion.

[gbh2] 14/1/2021 08:10

Yep makes an encouraging read :)

[the white house] 14/1/2021 08:09

Gotta love a line like...All time monthly records for December.

[rimau1] 14/1/2021 07:20

Another earnings beat! Trading ahead of expectations from the TU 2 Dec. Excellent stuff.

[rimau1] 12/1/2021 08:28

Fair call gbh. Strong results from gamesys today, should get a TU here this week too

[gbh2] 12/1/2021 08:07

rim, my comment was based upon volume not sp, 320p was my last selling price.

I have buy orders in ca 300p which the current volume suggests they could be filled today.

[the white house] 11/1/2021 13:36

Raised profile at the weekend in the US with 1m+ follower social media users quoting for the 1st time

[gbh2] 11/1/2021 12:57

Market unconvinced if recent share price moves are to be believed.

[nickb] 11/1/2021 12:07

Bid rumours according to this

[coxsmn] 11/1/2021 11:09

US bid is quite likely here.

[rimau1] 10/1/2021 08:50

Nice article in the sunday telegraph “US giants bet on british bookmakers” focuses on entain but a paragraph on 888 “according to city sources 888 will be sold the issue is the shaked brothers who own 25% want a stupendously high price”

[finkie] 07/1/2021 08:24

MGM will raise their offer and take out entain, then we are just waiting for a bid but we are at 320p so bids will need to be close to 400p I feel.

[adamb1978] 06/1/2021 09:58

I'm not sure much pull-back is likely at the moment given the M&A activity in this space. Obviously good for shareholders, but sad to see more UK companies being hoovered up

[makinbuks] 06/1/2021 09:57

Although often the rise is in anticipation and a good announcement is followed by a pull back

[peaeff] 05/1/2021 15:17

red

yes I saw that and IMO bodes well for more to come.

regards

[redalert] 05/1/2021 14:19

Peaeff - just checked, in the 2/12 update they say the expect to provide an update in January. Regards RA

[finkie] 05/1/2021 09:47

GVC (Entain now) being taken over by the yanks i think this will be the last year of independence for 888 too.....