888 Holdings plc 888 launches sports betting in New Jersey
September 10 2018 - 2:00AM
RNS Non-Regulatory
TIDM888
888 Holdings plc
10 September 2018
888 Holdings Plc
('888' or 'the Company')
888 launches sports betting in New Jersey
888 Holdings Plc, one of the world's leading online gaming and
entertainment solutions providers, is delighted to announce that it
has launched the 888sport brand in New Jersey. The launch marks the
first time that 888 has offered sports betting to customers in the
United States and paves the way for the Company to launch in
additional U.S. states as future regulation allows.
888sport has been launched in New Jersey with Kambi, the
Company's tier-1 sportsbook provider across global regulated
markets and will offer customers a diverse selection sports markets
to bet on across desktop, mobile and tablet devices. The launch
complements the 888casino and 888poker brands already established
in New Jersey with each product leveraging 888's powerful
back-office systems, CRM and marketing capabilities to enhance the
Company's return on investment. In addition, customers in the state
will now be able to enjoy an unrivalled poker experience, a unique
portfolio of casino games and a leading range of sports betting
markets from a single login and bankroll.
As the New Jersey online gaming market continues to grow and
develop, the launch of 888sport is the latest significant
development for 888 in the state, and further strengthens the
Company's relationship with Caesars Entertainment as it extends the
scope of its partnership to now include sports betting. In recent
months 888 has added approximately 200 new games to its New Jersey
casino offering including, in August, the introduction of a
significant new portfolio of Live Dealer casino games. In addition,
in April the Company extended its unique inter-state poker network
to include New Jersey, thereby enabling poker players across the
three regulated U.S. states of Nevada, Delaware and New Jersey to
compete with one another. To help spearhead the Company's continued
expansion across the regulated U.S. online gaming market., Yaniv
Sherman, 888's Senior Vice President, Head of Commercial
Development, has relocated to the Company's New Jersey office from
September.
Itai Frieberger, CEO of 888, commented: "The launch of
888sport.com in New Jersey is a major milestone for the Company in
our ongoing expansion across the regulated U.S. online gaming
market and provides 888 with a unique and truly multi-product
proposition in what is currently the largest regulated U.S
state.
888 has been committed to developing its position in the U.S.
since launching in Nevada, the first regulated U.S. state, nearly
six years ago and today we are the only operator with a presence in
all three regulated U.S. states. We now have our sport, casino and
poker products all operational in the U.S. and are continually
developing our proposition, brands and technology to ensure that
the Group remains exceptionally well positioned to capture the
potentially significant future growth opportunities as new
regulation allows."
Enquiries and further information:
888 Holdings Plc
Itai Frieberger, Chief Executive
Officer +350 200 49 800
Aviad Kobrine, Chief Financial Officer +350 200 49 800
Itai Pazner, Chief Operating Officer +350 200 49 800
Yaniv Sherman, SVP Head of Commercial
Development +1 201 856 1221
Hudson Sandler - 888@hudsonsandler.com
Alex Brennan +44(0) 207 796
Hattie O'Reilly 4133
Bertie Berger
About 888 Holdings Plc:
-- 888 Holdings Public Limited Company (888) is one of the
world's most popular online gaming entertainment and solutions
providers. 888's mission is to supply its customers with innovative
and market-leading online gaming products, above all in a safe and
secure environment.
-- 888 has been at the forefront of the online gaming industry
since foundation in 1997, providing to players and B2B partners an
always innovative and world-class online gaming experience. At the
heart of 888's business is its proprietary gaming technology and
associated platforms.
-- The Group is structured into two lines of business: B2C,
under the 888 brands, and B2B, conducted through Dragonfish, which
provides partners a leading platform through which to establish an
online gaming presence and monetise their own brands.
-- 888's consumer facing websites offer more than just online
gaming. They are entertainment destinations: places where people
can enjoy a truly interactive experience and be part of an online
community that shares common interests. 888's strong and trusted
brands are all accessible through www.888.com.
-- Find out more about 888 at http://corporate.888.com/.
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