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188 Bet Internal restructuring of the business
Monday July 25, 2011 : 188BET UNDERGOING STRATEGIC REVIEW
Internal restructuring of the business
The Isle of Man newspaper IOMToday has reportedly picked up information via rumour and insider sources that the online gambling site 188BET.com, owned by Douglas-based Cube Limited, is about to embark on a retrenchment programme.
Approached for comment the company issued a statement through its public relations agency saying: "188BET is currently undergoing a strategic review of each area of its global activity as part of an internal restructuring of the business.
"Having established itself as a leading brand in the global gaming market through innovative partnerships with a number of Premier League Football clubs, 188BET is now considering how best to deploy the company’s resources for the next phase of the brand’s growth.
"The review is expected to be concluded within the next month."
The company sponsors Bolton Wanderers and Wigan Athletic Football Clubs and holds the title of official betting partner to Chelsea, Liverpool and other association clubs.
Approximately thirty-five people are employed by the company in the Isle of Man.
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
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Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
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