{"id":201,"date":"2024-06-18T07:03:52","date_gmt":"2024-06-18T04:03:52","guid":{"rendered":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/"},"modified":"2024-06-20T17:11:27","modified_gmt":"2024-06-20T14:11:27","slug":"888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold","status":"publish","type":"post","link":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/","title":{"rendered":"888 Holdings Navigates Revenue Dip and CFO Departure as UK Player Safety Measures Take Hold"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/HZOyX7DkkVk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The gaming behemoth 888 Holdings, known for its ownership of prominent brands like William Hill and Mr Green, experienced a minor decline in revenue during the 2022 financial year.  Their total revenue reached \u00a31.85 billion (approximately $2.26 billion), marking a 3% reduction from the preceding year.<\/p>\n<p>This financial update coincides with the company&#8217;s announcement of their Chief Financial Officer&#8217;s impending exit.  Despite the slight revenue contraction, 888 Holdings conveyed confidence to investors, stating that their overall profits aligned with anticipated figures.<\/p>\n<p>A primary contributor to the revenue downturn was a 15% fall in digital earnings, amounting to \u00a31.33 billion for the year.  This decline can be partially attributed to 888&#8217;s proactive efforts to bolster user protection within their UK online platforms, alongside the cessation of their operations in the Netherlands.  However, this was counterbalanced by a substantial 54% surge in brick-and-mortar revenue, reaching \u00a3519 million.  This growth reflects a complete year of physical operations in 2022, contrasting with the partial closures during the initial six months of 2021.<\/p>\n<p>Examining the final quarter in isolation, 888 Holdings recorded revenue of \u00a3458 million, fulfilling their forecasts but nonetheless exhibiting a 3% year-over-year decrease.  Retail maintained its robust performance, generating \u00a3131 million, a 5% rise compared to the concluding quarter of 2021.  Conversely, online revenue witnessed a 5% decline, settling at \u00a3326 million.  888 attributed this to the repercussions of their previously mentioned player safety initiatives in the UK, which counteracted positive results in other regulated markets. <\/p>\n<p>The head of 888, Itai Pazner, remarked on the firm&#8217;s fiscal standing: &#8220;Throughout the final quarter of 2022, our group sustained advancements in blending the highly synergistic operations of 888 and William Hill. We&#8217;ve commenced transitioning Mr Green to our exclusive worldwide technological framework, a crucial element of the strategic plan we delineated at our recent Capital Markets Day.<\/p>\n<p>&#8220;Our Q4 earnings were bolstered by consistently robust activity in our physical storefronts and steady expansion in the digital realm. As previously stated, UK digital income remains affected by regulatory shifts, including the continuous influence of heightened user protection protocols. Nevertheless, I am certain we are constructing a durable, prominent enterprise for the times ahead.&#8221;<\/p>\n<p>Separately, 888 declared an alteration to its Board of Directors. Yariv Dafna will be relinquishing his position as CFO and Executive Director effective March 31st, 2023. The Board has launched the quest for his replacement.<\/p>\n<p>Pazner expressed gratitude to Dafna for his tenure: &#8220;The Board and I are immensely appreciative of Yariv&#8217;s input to 888, particularly his instrumental part in finalizing our transformative union with William Hill and spearheading the recent prosperous restructuring of 888&#8217;s external liabilities. On behalf of the entire 888 organization, I extend my best wishes for his future pursuits.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gaming behemoth 888 Holdings, known for its ownership of prominent brands like William Hill and Mr Green, experienced a minor decline in revenue during [&#8230;]<\/p>\n","protected":false},"author":70,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Posts Slight Revenue Dip, CFO Exits - What<\/title>\n<meta name=\"description\" content=\"Gaming giant 888 Holdings, the powerhouse behind William Hill and Mr Green, saw a small revenue dip in 2022. Is this a sign of trouble or just a blip? And what does the CFO\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Navigates Revenue Dip and CFO Departure as UK Player Safety Measures Take Hold\" \/>\n<meta property=\"og:description\" content=\"Gaming giant 888 Holdings, the powerhouse behind William Hill and Mr Green, saw a small revenue dip in 2022. Is this a sign of trouble or just a blip? And what does the CFO\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Premier Choice for Licensed Online Casino Entertainment\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T04:03:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:11:27+00:00\" \/>\n<meta name=\"author\" content=\"Mason &quot;Mercury&quot; Haynes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mason &quot;Mercury&quot; Haynes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/\",\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/\",\"name\":\"888 Holdings Posts Slight Revenue Dip, CFO Exits - What\",\"isPartOf\":{\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-18T04:03:52+00:00\",\"dateModified\":\"2024-06-20T14:11:27+00:00\",\"author\":{\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/1c431b0e75105a0b2ce30c67d325ad0e\"},\"description\":\"Gaming giant 888 Holdings, the powerhouse behind William Hill and Mr Green, saw a small revenue dip in 2022. Is this a sign of trouble or just a blip? And what does the CFO\",\"breadcrumb\":{\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/goldenladycasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 Holdings Navigates Revenue Dip and CFO Departure as UK Player Safety Measures Take Hold\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/\",\"name\":\"Your Premier Choice for Licensed Online Casino Entertainment\",\"description\":\"Stay on top of the online gambling world through our fresh casino news, in-depth game reviews, and informative insights. Experience the best of licensed gaming at our platform.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/goldenladycasinonodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/1c431b0e75105a0b2ce30c67d325ad0e\",\"name\":\"Mason \\\"Mercury\\\" Haynes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/wp-content\/uploads\/sites\/74\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/goldenladycasinonodepositbonus.icu\/wp-content\/uploads\/sites\/74\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Mason \\\"Mercury\\\" Haynes\"},\"description\":\"Holding a Master's degree in Differential Equations and a Bachelor's in Music, this versatile author has a deep appreciation for the mathematical and artistic dimensions of sound and their role in shaping the emotional and sensory experience of gambling. They have expertise in acoustic modeling, music perception, and audio engineering, which they apply to the study of the psychoacoustic effects of casino soundscapes and the development of strategies to optimize the auditory design of gambling environments. Their articles and news pieces provide readers with a multisensory perspective on the casino industry and the strategies used to create immersive and engaging gambling experiences.\",\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/author\/xzcbnbh87712\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"888 Holdings Posts Slight Revenue Dip, CFO Exits - What","description":"Gaming giant 888 Holdings, the powerhouse behind William Hill and Mr Green, saw a small revenue dip in 2022. Is this a sign of trouble or just a blip? And what does the CFO","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/","og_locale":"en_GB","og_type":"article","og_title":"888 Holdings Navigates Revenue Dip and CFO Departure as UK Player Safety Measures Take Hold","og_description":"Gaming giant 888 Holdings, the powerhouse behind William Hill and Mr Green, saw a small revenue dip in 2022. Is this a sign of trouble or just a blip? And what does the CFO","og_url":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/","og_site_name":"Your Premier Choice for Licensed Online Casino Entertainment","article_published_time":"2024-06-18T04:03:52+00:00","article_modified_time":"2024-06-20T14:11:27+00:00","author":"Mason \"Mercury\" Haynes","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mason \"Mercury\" Haynes","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/","url":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/","name":"888 Holdings Posts Slight Revenue Dip, CFO Exits - What","isPartOf":{"@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#website"},"datePublished":"2024-06-18T04:03:52+00:00","dateModified":"2024-06-20T14:11:27+00:00","author":{"@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/1c431b0e75105a0b2ce30c67d325ad0e"},"description":"Gaming giant 888 Holdings, the powerhouse behind William Hill and Mr Green, saw a small revenue dip in 2022. Is this a sign of trouble or just a blip? And what does the CFO","breadcrumb":{"@id":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/18\/888-holdings-navigates-revenue-dip-and-cfo-departure-as-uk-player-safety-measures-take-hold\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/goldenladycasinonodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"888 Holdings Navigates Revenue Dip and CFO Departure as UK Player Safety Measures Take Hold"}]},{"@type":"WebSite","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#website","url":"https:\/\/goldenladycasinonodepositbonus.icu\/","name":"Your Premier Choice for Licensed Online Casino Entertainment","description":"Stay on top of the online gambling world through our fresh casino news, in-depth game reviews, and informative insights. Experience the best of licensed gaming at our platform.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/goldenladycasinonodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/1c431b0e75105a0b2ce30c67d325ad0e","name":"Mason \"Mercury\" Haynes","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-content\/uploads\/sites\/74\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-content\/uploads\/sites\/74\/2024\/06\/man-avatar-96x96.png","caption":"Mason \"Mercury\" Haynes"},"description":"Holding a Master's degree in Differential Equations and a Bachelor's in Music, this versatile author has a deep appreciation for the mathematical and artistic dimensions of sound and their role in shaping the emotional and sensory experience of gambling. They have expertise in acoustic modeling, music perception, and audio engineering, which they apply to the study of the psychoacoustic effects of casino soundscapes and the development of strategies to optimize the auditory design of gambling environments. Their articles and news pieces provide readers with a multisensory perspective on the casino industry and the strategies used to create immersive and engaging gambling experiences.","url":"https:\/\/goldenladycasinonodepositbonus.icu\/author\/xzcbnbh87712\/"}]}},"_links":{"self":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/201"}],"collection":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=201"}],"version-history":[{"count":1,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/201\/revisions"}],"predecessor-version":[{"id":234,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/201\/revisions\/234"}],"wp:attachment":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}