888 appoints former Superbet executive Wilkins as new CFO
888 has announced the appointment of Sean Wilkins, formerly of Superbet and Tesco, as its new chief financial officer.
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888 has announced the appointment of Sean Wilkins, formerly of Superbet and Tesco, as its new chief financial officer.
Berenberg has reiterated its 'buy' rating for 888 Holdings despite the betting and gaming group disappointing the market with its recent first-half results, saying the company is "ready to de-lever" under its new chief executive officer.
888 witnesses a 6.5% dip in pro-forma revenue for H1 2023 due to online setbacks, despite retail growth. CEO transition, regulatory challenges, and market dynamics impact the group's performance, but efforts toward synergy realization continue.
888 reported a 6.5% fell in pro-forma revenue to £881.6m during the first half after a decline in its online segment offset retail growth.
Betting and gaming giant 888 Holdings reported a boosted first-half performance on Tuesday, on the back of its acquisition of William Hill last July.