888 enters the stock exchange in America: what can happen?

Home » 888 enters the stock exchange in America: what can happen?

The 888 enters the stock exchange, this time in the United States of America? This would be precisely the solution that the company would be thinking about being able to find investors in the United States, land where the group is moving with a certain decision. The American market, in fact, is becoming a territory of conquests for the various bookmakers especially in recent yearsnull This is because, until a few years ago the game was almost prohibited. In 2018, however, the Supreme Court canceled each ban, giving way to the federal states of self -regulating. It means that many states have started to open to this sector, which actually also brings an important income for the government speakers.

For this, 888 He altitates on the stock exchange in the US or, at least, is one of the ideas on which the CEO of society is reflecting, Itai Pazner. The latter, in fact, during an interview, confirmed that there are several option on the table and that the IPO (Initial Public Offering) is certainly one of these. 888Holding is already listed on the stock exchange, but in London.

The search for partners

il CEO Pazner, then, revealed that He is persistently looking for agreements with media and several brands to strengthen his presence in the American marketnull It is one of the strategies put in place of 888 to convince more and more American to choose its platform to bet.

In recent weeks, for example, William Hill (which will soon enter a Being part of the Caesars group Entertainment) has become the official Sportbook and Wagering supplier Date of CBS Sports on all the latter platforms.

888 does it enter the bag? No hurry

During the interview, however, The CEO of 888 also specified that not absolutely haste to create such an operationnull Their first goal, at the moment, is certainly to be able to expand and then impose themselves in the American market. There is no need to make hasty decisions who would risk diverting attention from the primary objective, in addition to being able to create problems that are not necessary at the moment.

The growth of 888 and why it is altitude on the stock exchange

Meanwhile 888 Holding continues its growth in all the various European markets in which it is present, including USA. And to do this it has recently tightened a very important Agreement with Playtech, one of the most important provider software in the worldnull Thanks to this new and lasting partnership, in fact, the 888 casino will first equip itself with many new games in software mode but not only. The real fulcrum of the agreement, in fact, is the presence of many games in live mode with live dealers.

In the last year, 888 Holding has seen an increase in its shares of 400%. The growth is due, in particular, to the fact that many players have started to focus on the platform in the periods of Lockdown of restrictions. Now we just have to wait and see if in the next week 888 enters the bag, or if it was a simple attempt to mix the cards.

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