888 Announces Bingo Network Agreement
888 Holdings plc, one of the world’s most popular online gaming entertainment companies, today announces that it has entered into an agreement with Daub Limited (“Daub”) for the provision of a Bingo Licence Agreement.
Under the terms of the agreement 888 will provide Daub with its Bingo game software, Instant Games, Back Office systems and Chat Moderators services. Daub will develop and market the website www.winkbingo.com which will go live later this month with a focus on Western Europe.
Daub is owned and operated by a group with substantial experience in the online gaming world including knowledge of online bingo, casino and poker.
In addition to operating its own brands, 888’s bingo business includes a network of 45 online bingo sites or “skins” including bingoballroom.com, poshbingo.com, bingofabulous.com and twofatladies.co.uk. In addition 888 provide bingo solutions to business partners operating their own networks and other third party sites. These include some of the most prominent in the UK such as thinkbingo.com, thinkbingoplus.com and bingoscotland.com as well as mirrorbingo.com and foxybingo.com which are operated and owned respectively by Cashcade Ltd.
Gigi Levy, CEO of 888, said:
“The agreement with Daub, is a further progression in 888’s diversified strategy to grow our customer reach and appeal and to broaden our potential audience significantly through innovative partnerships. The combination of 888’s global gaming experience and Daub’s expert knowledge will help the partnership achieve significant market share.”
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Contacts and enquiries
888
Gigi Levy Chief Executive Officer +350 49800
Aviad Kobrine Chief Financial Officer +350 49800
Bell Pottinger Corporate & Financial +44 (0)20 7861 3232
Ann-marie Wilkinson/Nick Lambert/Andrew Benbow
This announcement includes statements that are, or may be deemed to be, “forward-looking statements”. By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements in this announcement reflect 888’s view with respect to future events as at the date of this announcement. Save as required by law or by the Listing Rules of the UK Listing Authority, 888 undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this announcement that may occur due to any change in its expectations or to reflect events or circumstances after the date of this announcement.