Shares in 888 climbed this morning following the firm’s re-admission into the London Stock Exchange main market for listed securities.
This comes after the firm completed acquisition of gambling firm William Hill.
The group, which owns Mr Green and SI Sportsbook, confirmed the done deal last Friday, and said that Ulrik Bengtsson and Eric Hageman, former CEO and CFO of William Hill, would be leaving their positions, with 888 chief Itai Pazner taking the reins.
Back in April, 888 sliced the value of the deal, citing the changing “macro-economic and regulatory environment”.
The new agreement with US powerhouse Caesars Entertainment referred to William Hill’s non-US assets, and meant that 888 paid £250m less for an initial cash consideration, down from £835m.
However, last month the British firm 888 said it expected revenues for the half year to dip as it feels the impact of stricter gambling measures and a temporary withdrawal from the Netherlands.