A significant force in the internet gaming industry, 888, has expanded its UK bingo holdings by acquiring a portfolio of “Jet” brands. These well-known names, including Costa Bingo, were already utilizing 888’s bingo platform but will now fall under 888’s direct management. This strategic maneuver, costing 888 a substantial £18 million, demonstrates their ambition to capture a larger share of the UK bingo market. 888’s CEO, Itai Pazner, appears quite pleased with the acquisition, viewing it as an opportunity to capitalize on their proficiency and extract further growth from these established brands. This move aligns with 888’s history of astute acquisitions and reflects their strategic direction as discussed with Gambling Insider.
By Ethan "Echo" Parker
Holding a Ph.D. in Mathematics and a Master's in Anthropology, this accomplished writer has a deep understanding of the cultural and historical dimensions of gambling and the role of casinos in shaping social and economic development. They have expertise in ethnographic research, cultural mapping, and social impact assessment, which they apply to the study of the cultural and community impact of casino operations. Their articles and news pieces provide readers with a critical perspective on the casino industry and the strategies used to promote cultural diversity, social inclusion, and community well-being.
admin