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The sale is subject to regulatory approvals and other conditions, expected to be finalized in stages by year-end. 888 plans a controlled exit from its US B2C operations by the end of 2024, anticipating a recurring annualized benefit to EBITDA of £25 million starting in 2025, with £10 million reinvested for growth.
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Casino-on-Net was re-branded as 888casino in 2010 to unify the look and feel with other 888 brands. [6] By 2015 the site was licensed and operating in Gibraltar, New Jersey, Denmark, Spain and a number of other countries and territories. [7] [8] In 2015, Gaming Intelligence magazine described 888casino as "the only truly pan-European casino." [9]
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In March 2019, 888 paid £15 million for Dublin-based Dedsert Ltd, which provided the sportsbook platform for UK-licensed bookmaker BetBright. [ citation needed ] 888 CEO Itai Pazner said the acquisition “gives us the missing piece in our proprietary and technology portfolio.” [ 11 ] In 2018, 888sport partnered with Caesars Atlantic City ...
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