888 has completed the £584.9m acquisition of William Hill’s non-US operations from Caesars, expecting the acquisition to result in pre-tax cost savings of at least £100m by 2025.
Caesars will use the proceeds to reduce debt. William Hill CEO Ulrik Bengtsson and CFO Eric Hageman will leave the company.
888 made several appointments following the acquisition, including Guy Cohen, formerly interim COO of 888. as COO. Harinder Gill, formerly group head of regulatory compliance at Revolut, becomes chief risk officer.
Mark Skinner is now chief people officer, having served in the same role at William Hill. Satty Bhens is chief product and technology officer, having served in the same role at William Hill.
Naama Kushnir, formerly COO at 888, is now chief transformation officer.
Source: Fantini's Gaming Report
