William Hill owner 888 重さを計るs sale of US 消費者 sports betting arm
- 888 is active in four US 明言する／公表するs: Michigan, Colorado, Virginia and New Jersey
- The William Hill owner has agreed to 支払う／賃金 Authentic Brands £39.4m in 料金s
888 Holdings could やめる the US 消費者 sports betting market after 開始する，打ち上げるing a review of the 商売／仕事 in 返答 to weak profitability and 重要な 競争.
The William Hill owner has begun a 戦略の review of its US 商売／仕事-to-消費者 操作／手術s with a 見解（をとる） to かもしれない selling them, a 'controlled 出口' from the 部門 or 'other possible 戦略の 処理／取引s'.?
It entered the US just three years ago, joining a host of other British 会社／堅いs hoping to capitalise on the 増加するing legalisation of sports 賭事ing across the country.
Possible 出発: 888 Holdings could やめる the American 消費者 sports betting market 借りがあるing to weak profitability and 重要な 競争
At the time, the Gibraltar-headquartered bookmaker struck a を取り引きする Authentic Brands Group to 排他的に use the Sports Illustrated brand, known for its eponymous magazine, in betting and casino games.?
888 is active in four US 明言する／公表するs: SI Sportsbook operates across Michigan, Colorado, and Virginia; its SI Casino 商売／仕事 is in Michigan, and its 888casino brand is in New Jersey.
However, the company said the US 分割's 甚だしい／１２ダース 利益（をあげる） 利ざやs are やめる low 予定 to the enormous operating costs 伴う／関わるd, 同様に as '激しい 競争 from 井戸／弁護士席-capitalised 現職の 関係者s'.
After 結論するing that this 始める，決める-up will not 十分に 'optimise returns,' it has decided to 開始する，打ち上げる a review of the 操作／手術s and end the 共同 with Authentic Brands.
Per Widerstr?m, 長，指導者 (n)役員／(a)執行力のある of 888, said: 'Since 開始するing my 役割 as CEO, I have been 焦点（を合わせる）d on 確実にするing the group is 始める，決める up to 配達する strong value 創造 in the coming years.
'In the US, the intensity of 競争 and 必要物／必要条件 for 規模 means 抱擁する 投資 is 要求するd to reach profitability.'
He 追加するd that にもかかわらず high 需要・要求する for SI-branded services, '達成するing 十分な 規模 in the US market to 生成する 肯定的な returns within an 加速するd timeframe is ありそうもない'.
888, which also runs 数字表示式の 賭事ing 会社／堅い Mr Green, has agreed to 支払う／賃金 Authentic Brands $50million (£39.4million) in termi nation 料金s.
The group 予報するs the tie-up's 解散 will save it around $6million to $7million (£4.7million to £5.5million) per 年 in operating costs both this year and the next.
888 has not 器具／実施するd a timeline for 完全にするing the review, but has told 投資家s that all 現在の B2B 手はず／準備 in the US will remain 影響を受けない.?
David Brohan, a gaming and leisure 分析家 at Goodbody, believes 888's move is 'not 極端に surprising given the challenges that sub-規模 商売／仕事s have had in the US with FoxBet, Wynn Bet and Kindred all shutting 負かす／撃墜する their US 操作／手術s'.
888 Holdings 株 were 2.4 per cent higher at 84.9p on late Wednesday morning, although they have 急落（する），激減（する）d by about 83 per cent since their summer 2021 頂点（に達する）.
