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Photo 888 Holdings plc

888 Holdings UK revenue falls on safer gambling protections, Dutch exit

Natasha Doris, UK Investor Magazine · June 23, 2022 at 5:39 pm

888 Holdings shares were down 2.7% to 170.4p in early morning trading on Thursday, following a reported £690 million in revenue and £109 million EBITDA generated by the company for the twelve months ending 28 February 2022.

The group confirmed William Hill brought in £1.3 billion in revenue and £238 million in adjusted EBITDA for the financial period.

888 Holdings commented that the performance of both businesses largely reflected a constitution of trends outlined in its 29 April 2022 prospectus, with the impact of retail reopening and positive performances across a slate of regulated countries offset by closure in the Netherlands and the effect of additional safer gambling measures in the UK Online sectors of its business.

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