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888 will be making its own strategic acquisitions
Monday September 7,2015 : 888 HOLDINGS STILL VERY MUCH A COMPETITOR
Failure to acquire Bwin has not deterred firm from its acquisitions strategy.
After losing the bidding war for Bwin-Party last week, 888 Holdings executive chairman Brian Mattingley remains confident on his company's prospects in a consolidating industry, telling the Financial Times Monday that 888 will be making its own strategic acquisitions.
“We are not a target,” Mattingley told the newspaper. “We will do practical and strategic acquisitions particularly to build our sport betting.”
InfoPowa readers will recall that earlier this year 888 shareholders rejected an attempt to acquire the company by the William Hill group, which now faces more robust competition following the mergers of Ladbrokes-Coral, Amaya-Rational and Paddy Power-Betfair
In the past Mattingley has acknowledged the reality of a consolidating industry, saying that his company intends to be part of the process.
“It is going to be a challenge,” Mattingley said in his FT interview. “We will rise to it. We will not be cast aside. We are not an also-ran and we are not a one-trick pony. We have proved that we have got the critical mass.”
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
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.
MPN Poker Tour Bratislava Day 1B -
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
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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