What led to the bankruptcy of what was once one of Australia's better known Retail FX brands? Who left his CEO position of an FCA licensed FX brokerage, to launch a new Retail FX brand? How is that new brand related to a leading online gaming brand? Where did Richard Bartlett (ex PrimeXM head of…
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LeapRate Exclusive... LeapRate has learned that Jason Gibson has left London based institutional FX broker FIXI plc, to set up a new Retail FX brokerage brand called 888 Markets, at website 888markets.com. The new business, formally incorporated as Triple Eight Markets Group Ltd, is acting as an Appointed Representative of FCA-regulated FIXI. The new company is a…
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The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…
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LeapRate Exclusive… LeapRate has learned from sources in Israel that online gaming and casino company 888 Holdings Public Limited Company (LON:888) is in process of laying off several dozen employees in the country. 888's moves come shortly after we exclusively reported that UK based William Hill plc (LON:WMH) will be shutting its operation in Israel,…
Read moreIt is no secret that realm of mergers and acquisitions is harsh and risky, associated with high expenses in case things go wrong... A recent example is provided by 888 Holdings Public Limited Company (LON:888) which abandoned the bidding race for bwin.party in September last year, incurring some heavy exceptional costs associated with this move. According…
Read more888 Holdings Public Limited Company (LON:888), which in September last year abandoned the bidding war for bwin.party, today announces the appointment of Itai Frieberger as Chief Executive Officer of the Company. The appointment is effective immediately. Brian Mattingley, Executive Chairman of 888 since 13 May 2015, has been appointed as Non-Executive Chairman of 888 with…
Read moreGaming giant 888.com is set to acquire bwin.party, the publicly listed online entertainment firm behind InterTrader Under the terms of the Offer, bwin.party shareholders will be entitled to receive 39.45 pence in cash for each bwin.party share and 0.404 new 888 shares
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