Safer gambling issues and Dutch exit put 888 Holdings in a spin
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Investors in 888 Holdings were in need of some Dutch courage yesterday as the gambling operator warned that its temporary exit from the Netherlands would reduce its first-half revenues.
The group, which is poised to complete the takeover of William Hill, said the introduction of extra safer gambling measures to protect its more vulnerable online punters would also have an impact on its sales.
It said the Dutch and safer gambling issues would more than offset the growth experienced in other European market such that it now expects first-half revenues of between £330 million and £335 million, “broadly in line” with its expectations but well below the $528.4 million achieved in the first six months of 2021.
Betting companies have been temporarily pulling out of
