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    888   GI000A0F6407

888 HOLDINGS PLC

(888)
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888 : Netherlands Licensing Update

09/30/2021 | 04:22pm EST

30 September 2021

888 Holdings Plc

("888" or "the Group")

Netherlands Licensing Update

888 (LSE: 888), one of the world's leading online betting and gaming companies, is today updating on the pathway to obtaining a licence in the Netherlands.

The Group has been operating in the Netherlands in compliance with the Netherlands Gaming Authority (KSA) 'cooling off' criteria. However, following recent policy changes published by the KSA, 888 has decided to cease provision of services in the country with immediate effect. The Netherlands still represents an attractive medium-term opportunity for the Group, and it intends to apply for a local licence in the coming months, in line with the Group's key strategic priority to grow in regulated markets.

In recent periods, the Netherlands has accounted for approximately 3% of the Group's total revenues and the impact on 888's 2021 results from this change is not expected to be significant. Further details will be provided in the Group's Q3 trading update in October.

- Ends -

Enquiries and further information:

888 Holdings Plc

+350 200 49 800

Itai Pazner, Chief Executive Officer

Yariv Dafna, Chief Financial Officer

Vaughan Lewis, Chief Strategy Officer

Investor Relations

James Finney

ir@888holdings.com

Media

888@hudsonsandler.com

Hudson Sandler

+44(0) 207 796 4133

Alex Brennan

Bertie Berger

Andy Richards

About 888 Holdings Plc:

888 Holdings plc (and together with its subsidiaries, "888" or the "Group") is one of the world's leading online betting and gaming companies. 888's mission is to develop state-of-the-art technology and products that provide fun, fair and safe digital gambling products to players globally. Safer gambling is a core focus for the Group and, at the beginning of 2020, 888 launched its 'Safer. Better. Together' safer gambling strategy and commitments.

888 has been at the forefront of the online gaming industry since its foundation in 1997, leveraging its proprietary technology to provide players and B2B partners an innovative and world-class online gaming experience.

In 2020, the company was proud to be recognised at the 2020 Gaming Intelligence awards as the winner in the Casino Operator of the Year category. In 2020, 888 also won two prestigious awards for its poker platform at the 2020 Poker Listings Operator Awards in the Most Improved Software and Best Beginner Software categories.

The Group is structured into two lines of business: B2C, under the 888 brands, and B2B, conducted through Dragonfish, which provides partners a leading platform through which to establish an online gaming presence and monetise their own brands in a safe and responsible manner.

888's consumer facing websites offer more than just online betting and gaming. They are entertainment destinations: places where people can enjoy a truly interactive experience and be part of an online community that shares common interests. 888's strong and trusted brands are all accessible through www.888.com.

Find out more about 888 at http://corporate.888.com/.

Disclaimer

888 Holdings plc published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 20:21:01 UTC.


ę Publicnow 2021
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