Online gambling group 888 takes £15m punt on BetBright
BetBright's Dublin office will be integrated into the 888 group
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Online gaming group 888 Holdings has acquired the sports betting platform of Irish gaming firm BetBright for £15m.
888 said the deal will strengthen its product and technology capabilities and will support the long-term development strategy for the firm's sports arm.
As part of the acquisition, BetBright's Dublin office will be integrated into the 888 group.
The betting giant added that the deal will give 888 complete ownership over its technology and product development across casino, sport, poker and bingo.
Boss Itai Pazner, who took over as chief executive from namesake Itai Frieberger in January, said: “This acquisition of a high-quality and scalable sportsbook is an exciting milestone for 888.
“It gives the group the missing piece in our proprietary product and technology portfolio and will enable 888 to own proprietary, end-to-end solutions across the four major online gaming verticals.
“With 888Sport becoming an increasingly established and popular worldwide sports betting destination, we believe it is the right time to take ownership of our full sports betting proposition.”
The deal represents the third acquisition the group has made in recent months.
888 has been hit recently in the UK after being stung by a regulatory crackdown on the sector.
PA
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments