Lord Mendelsohn, Chief Executive of 888, said: “Joining William Hill has transformed the group and brought together two exceptional and complementary businesses to create one of the world’s leading betting and gaming businesses. President of 888 Online evaluates performance and cites difficulties to be overcome Due to one-time expenses, including some associated with the acquisition, the business recorded a pre-tax loss of £115.7m.Ĩ88 Online reported an adjusted pre-tax profit of £80.5m, a decrease of 10% from the previous year due to higher interest expense the company incurred due to the acquisition of William Hill. It was the same year that 888 successfully negotiated a deal to acquire William Hill’s non-US operations, including its approximately 1,400 UK betting shops. Our seven-step process assesses every casino on its safety and security, reputation, banking and payments, bonuses and promotions, customer support, compatibility, and online experience before it can feature on our website. 888 Online, which bought William Hill last year, said its total revenue was down about 3% to £1.9 billion ($2.38 billion) in the year to the end of December.Īs a result, the 15% decline in online revenue “which was driven by proactive investment in enhanced player security measures” in the UK and the closure of its Dutch operation was largely mitigated. Bettors can find the best online gambling sites here at Online Gambling.

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