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...But the biggest hurdle to any deal would have been 888’s £1.7bn debt pile, left over from the acquisition of William Hill’s non-US business from Caesars Entertainment last year, they added....
...Sales at Greencore, which supplies packaged food products to almost every big supermarket chain including Tesco and M&S, have been buoyed by workers returning to offices following the pandemic....
...The profit warning — 888’s second since September last year — is driven by rising investment in automation, AI-powered data and research, and marketing, offsetting a hoped-for £30mn boost from a cost-saving...
...China, where gambling is banned, ranks among one of Bet365’s biggest markets, the people added....
...With just 40mn outbound trips in the first half of 2023, Chinese tourism has yet to rebound to near the level of 2019’s 155mn trips....
...UK companies are not required to disclose their leadership’s use of private jets, unlike in the US where businesses on the S&P 500 last year spent an average of $82,698 on private flights for executives,...
...The UK is 888’s biggest market, accounting for around two-thirds of group revenues....
...In 1991, Cliff Barnes became the owner of which fictional oil company? Caviar is traditionally made from the roe of which fish?...
...Oliver Barnes Romi Savova, PensionBee Juggling three kids under seven years old means pyjamas, pancakes and Peppa Pig cartoons on Christmas morning for Romi Savova, chief executive of FTSE 250 pension...
...Lord Jonathan Mendelsohn, 888’s chair who is serving as interim chief executive, said the William Hill owner was “fully co-operating” with the licence review....
...But on Friday, 888’s board decided to terminate discussions with the consortium, citing “immediate and significant risk” of licence revocation if the proposed management team was installed....
...This summer, customers who bought packages rather than flights alone accounted for 73 per cent of Jet2’s passengers, up 5 percentage points on last year....
...For now, Lord Jonathan Mendelsohn, a Labour peer and 888’s chair, is running the company on an interim basis alongside finance chief Yariv Dafna....
...The investor group, which revealed its 6.57 per cent stake on Tuesday, believes 888’s stock is undervalued because of a series of compliance failings and its large debt pile following its £1.95bn takeover...
...In January, 888’s chief executive Itai Pazner was dismissed at the same time the board revealed it had frozen £50mn of customer accounts because of anti-money laundering failings....
...Yariv Dafna, 888’s finance chief who had planned to leave last month but is staying on until the end of the year, said: “We are a better company,” pointing to 888’s “much better compliance framework”....
...It has even expanded beyond the confines of the city with the launch of Oxfordshire’s Soho Farmhouse (dubbed “Butlins for c***s” by some people)....
...But the £19.2mn penalty amounts to just over 5 per cent of 888’s projected adjusted earnings for last year of £305mn-£315mn....
...classics and premieres, rather than bread-and-butter narrative pieces.Former Royal Ballet principal Federico Bonelli kicked off his first season at Northern Ballet at the company’s Leeds home, the Stanley & Audrey...
...Writers including Kate Atkinson, David Nicholls and Julian Barnes are fans; this month, three new editions of her books will appear in the UK....
...The case predates 888’s ownership of Mr Green....
...“When we were alerted to issues with some of 888’s VIP customers, the board took decisive actions....
...“We remain focused primarily on successful integration, execution and deleveraging in order to unlock the potential from our enlarged business,” he added. 888’s gross debt stood at £1.8bn at the end of...
...Iain Barnes, chief investment officer at Netwealth Investments, says client interest now falls clearly into two camps....
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