888.L - 888 Holdings plc

LSE - LSE Delayed Price. Currency in GBp
161.40
-3.90 (-2.36%)
At close: 4:35PM GMT
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Previous Close165.30
Open164.10
Bid160.90 x 284100
Ask161.20 x 109300
Day's Range159.30 - 165.30
52 Week Range153.00 - 326.60
Volume914,772
Avg. Volume752,635
Market Cap587.958M
Beta (3Y Monthly)0.25
PE Ratio (TTM)6.26
EPS (TTM)25.80
Earnings DateMar 18, 2019 - Mar 22, 2019
Forward Dividend & Yield0.08 (4.74%)
Ex-Dividend Date2018-10-04
1y Target Est2.76
  • Thomson Reuters StreetEvents8 days ago

    Edited Transcript of 888.L earnings conference call or presentation 12-Mar-19 10:00am GMT

    Full Year 2018 888 Holdings PLC Earnings Presentation

  • Reuters14 days ago

    Ladbrokes-owner GVC Holdings falls 18 percent as top bosses cut bets

    Major regulatory changes on both sides of the Atlantic for the gambling sector have commanded investor attention in recent months, but Britain's GVC has been able to weather out the storm and reported strong results. The company this week, however, spooked some investors after warning that a cut to the maximum stake on fixed-odds betting terminals (FOBTs) would result in the closure of up to a thousand shops and impact core earnings by about 135 million pounds in 2019. Chief Executive Officer Kenneth Alexander and Chairman Lee Feldman together sold 3 million GVC shares at a discounted price of 666 pence, seen by investors as a lack of confidence in the bookmaker.

  • William Hill set to revamp retail business as 2018 profit falls
    Reuters2 months ago

    William Hill set to revamp retail business as 2018 profit falls

    The company had cut its profit forecast in November due to tightening regulations at home, particularly on lucrative fixed-odds betting terminals (FOBTs), and warned of more losses in the United States. William Hill said 2018 adjusted operating profit from continuing operations would be 234 million pounds, slightly higher than company-supplied analyst estimates of 232.2 million pounds. Profit was lower in its retail business due to tough high-street conditions and the offering would be remodelled in 2019 as Chief Executive Officer Philip Bowcock looks to make the firm a "digitally-led international business", the company said.

  • Reuters2 months ago

    Britain's GVC confident of U.S. bet despite DoJ curb call

    Shares in GVC's rivals William Hill (WMH.L), Paddy Power Betfair (PPB.I) and 888 (888.L) fell on Tuesday after the U.S. regulator reversed its 2011 opinion that made only online sports betting illegal under the Wire Act. "Whilst the decision a couple of days ago might affect some inter-state stuff, maybe affect poker to a degree, for sports betting we don't see it having any impact," GVC Chief Executive Officer Kenneth Alexander said on Thursday. GVC has expanded rapidly and last year set up an online betting platform in the United States with hotel and casino operator MGM Resorts International (MGM.N).

  • Reuters2 months ago

    UK gambling stocks drop after U.S. DOJ reverses opinion on internet betting

    UK bookies such as William Hill Plc (WMH.L), Paddy Power Betfair Plc (PPB.I) and 888 Holdings Plc (888.L) fell between 1.5 percent to 7 percent on Tuesday after the U.S. regulator reversed its 2011 opinion that made only sports betting online illegal under the Wire Act. The 2011 reading of the federal law, which came into effect in 1961, prohibits certain types of gambling in the United States including sports betting, but the regulator now says the provisions under the act must now be considered in tandem with the Unlawful Internet Gambling Enforcement Act.

  • Reuters4 months ago

    UK's GVC shares hit jackpot as gambling company dodges big payout

    GVC Holdings (GVC.L) shares surged on Wednesday after a government ruling on the UK gambling sector spared the company a major cash outlay to former Ladbrokes shareholders. GVC would have been liable for a payment of about 670 million pounds to former Ladbrokes shareholders if legislation aimed at tackling problem gambling had not been introduced before the end of March next year, analysts said. GVC issued securities known as Contingent Value Rights (CVRs) as part of their takeover of Ladbrokes in March 2018.

  • UK forced to accelerate planned reform to gambling regulations
    Reuters4 months ago

    UK forced to accelerate planned reform to gambling regulations

    Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.

  • Reuters4 months ago

    UK brings forward planned changes to gambling regulations

    Britain will bring forward a planned cut to the maximum stake on fixed-odds betting terminals by six months to April 2019, culture minister Jeremy Wright said in a statement to parliament on Wednesday. Earlier this month sports minister Tracey Crouch resigned, accusing the government of delaying to October the planned cut to the maximum stake from 100 pounds to just two pounds. Wright said a planned increase in Remote Gaming Duty, paid by online gaming operators, would also be brought forward to April to cover the negative impact on the public finances.

  • Reuters4 months ago

    UK PM May says culture minister to set out gambling machine changes

    Britain's culture minister will set out further details later on Wednesday on the government's planned cut to the maximum stake on fixed-odds betting terminals (FOBTs), Prime Minister Theresa May said. The government is facing a defeat on its budget legislation in parliament next week after many lawmakers from May's own Conservatives backed an amendment which would force it to bring forward the timing of the cut from October to April next year.

  • Reuters5 months ago

    Government targets gambling industry with tax increases

    Britain's Chancellor Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals. "I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we reduce FOBT stakes to 2 pounds," Hammond told parliament.

  • Reuters5 months ago

    UK government targets gambling industry with tax increases

    Britain's finance minister Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals. "I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we reduce FOBT stakes to 2 pounds," Hammond told parliament.

  • Thomson Reuters StreetEvents6 months ago

    Edited Transcript of 888.L earnings conference call or presentation 27-Sep-18 9:00am GMT

    Half Year 2018 888 Holdings PLC Earnings Presentation

  • Does 888 Holdings plc’s (LON:888) -75.53% Earnings Drop Reflect A Longer Term Trend?
    Simply Wall St.9 months ago

    Does 888 Holdings plc’s (LON:888) -75.53% Earnings Drop Reflect A Longer Term Trend?

    When 888 Holdings plc (LON:888) released its most recent earnings update (31 December 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarksRead More...

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  • Reuters10 months ago

    Britain cuts top stake on gambling machines on addiction fears

    Critics of the machines, often dubbed the "crack cocaine" of gambling, had also written to Prime Minister Theresa May urging the government to cut the stake to 2 pounds. The decision deals a blow to companies such as William Hill (WMH.L) and GVC (GVC.L) who had argued that the terminals were a major source of income for high-street betting shops which are struggling to stay afloat as younger gamblers move online, putting jobs at risk. Gambling companies -- most of which run internet as well as high street businesses -- face a two-way squeeze as the government plans to increase Remote Gaming Duty on online gambling to offset the loss of income from the cut in the stake.

  • Reuters10 months ago

    Factbox - Bookmakers spell out impact of new UK gambling curbs

    Online gambling businesses also face a squeeze as the government said it plans to increase Remote Gaming Duty to offset its loss of income from the cut in the FOBT stake. Here are the latest reactions from bookmakers and industry heads to the UK government's move.

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  • Five Best iGaming Companies to Invest In
    Insider Monkey11 months ago

    Five Best iGaming Companies to Invest In

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