William Hill owner 888 tries to summon up memories of growth with name change to evoke
William Hill owner 888 has reported that it narrowed its losses last year as the giant announced it intended to rebrand as evoke plc.
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William Hill owner 888 has reported that it narrowed its losses last year as the giant announced it intended to rebrand as evoke plc.
Gambling operator 888 Holdings reported a significant uptick in revenue in its 2023 results on Tuesday, up 38% to £1.71bn, while adjusted EBITDA jumped 41% to £308.3m on a reported basis.
Flutter is working towards listing on the New York Stock Exchange and expects to debut on Wall Street on 29 January.
Gambling group 888 warned on Wednesday that full-year adjusted underlying earnings would be at the low end of consensus estimates as a result of a heightened level of investment.
888's boss Per Widerström said the group was taking 'rapid actions' to cut overhead costs. The group's share price fell over 13% on Wednesday.