BUSINESS

European news round-up from Pwin, 888, Hills, and DCMS

TAGs: 888, bwinparty, DCMS, Tote, William Hill

EU flagBwin.party (Pwin) has announced the appointment of a new non-executive director with immediate effect. After taking a sojourn into the iGaming wilderness for just a little while, they confirmed that Geoff Baldwin would be the latest to be awarded with a #pwinning t-shirt.

Commenting on the appointment, Simon Duffy, chairman of Pwin, said, “We are delighted to welcome Geoff to the Board. Given the pace of change in our marketplace and his wealth of experience of working with high technology and social media companies, Geoff will be well-placed to contribute to the next phase of our corporate development. I would like to thank Rami for his contribution to the Board over the last two years and wish him well for the future.”

Baldwin, 46, is an investment banking professional with 24 years experience in various companies. His appointment follows a relationship agreement signed in January by Pwin, Emerald Bay, Stinson Ridge and many more.

888 Holdings has announced that its Key Performance Indicators (KPIs) for the second quarter will be revealed on Thursday 21st July. Brian Mattingley, deputy chairman and CFO Aviad Kobrine will host the conference call at 10.30am (BST). In addition, William Hill will declare its half-year results on Friday 5th August. They will be for the 26 weeks ended 28 June 2011 and be accompanied by an analyst presentation at 9.00am (BST).

Lastly, the Department for Culture Media and Sport (DCMS) has confirmed that the sale of the Tote has been completed. Bookmaker Betfred won the race last month and with the DCMS stamp of approval the deal is almost completely done. The news comes the day after the DCMS announced sweeping changes to the UK’s gambling laws.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com