Tag Archives: Gigi Levy
- 888 and WMS hook up for online poker
July 2, 2012
888 have signed a strategic agreement with land-based supplier WMS Gaming to develop an online poker solution in the U.S.A. The terms of the deal mean WMS can offer 888’s online poker product in any casino that contains WMS equipment. In the first instance it will be a play-for-fun offering...
- Purple Lounge to be liquidated; Gibraltar to fight UK; Levy steps down from 888 board
May 31, 2012
Online gaming site Purple Lounge will be liquidated following a decision by owners Media Corp that the site is no longer viable. Following the acquisition of Intabet and appointment of Adam Fraser-Harris and Phil Jackson as Interim CEO and Chairman respectively the decision was made that Purple Lounge is no...
- Ladbrokes terminates 888 negotiations, releases quarterly report
April 15, 2011
Ladbrokes says consolidation talks with 888 Holdings have been terminated, meaning five or more months of discussions have been a complete waste of time for both companies. The announcement that the marriage was off came despite rumors earlier this week that Ladbrokes was preparing to up its 70p/share bid for...
- 888 still pining after the Lads
April 14, 2011
888 posted their final set of results with Gigi Levy as CEO and he’s gone out with quite the smile etched across his face. The group posted a record quarter in Q1 of 2011 with revenue growth reaching 6% compared to the previous quarter, rising from $69m to $75m. Their...
- Codere sues bwin in Spanish court; 888 keeps Levy on board to avoid Wink payout
Spain is a little closer to a regulated gaming market after the country’s Congress approved proposed online gambling legislation. The approval came over the objections of the People’s Party, which adamantly opposes the creation of a national gaming watchdog. While not all of the 200-odd amendments are expected to survive...
- 888 CEO Gigi Levy quits after failing to secure merger partner
April 10, 2011
888 Holdings has announced that its chief executive Gigi Levy has stepped down “to pursue other interests.” The company also says the 39-year-old Levy, who has been top dog at 888 since 2007, will remain on the company's board and stay on to assist in the handoff to his successor....
888’s 2016: casino and sports good, poker and bingo bad
March 21, 2017
888 doubles in 27 months, and can double again
April 25, 2017
Ladbrokes Australia fined (again) for inducing gamblers
April 7, 2017