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888 Holdings Acquires Stake in Romanian Winner.ro

888 Holdings Acquires Stake in Romanian Winner.ro

888 Holdings (GB:EVOK) has released an update.

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888 Holdings, known for brands like William Hill and Mr Green, has expanded its market presence by acquiring a 51% stake in New Gambling Solutions’ Winner.ro, solidifying its position in Romania’s booming online betting and gaming sector. The deal, valued at €10 million plus 888’s Romania business, is expected to enhance earnings and leverage the Group’s dual-brand strategy for market growth. This strategic move marks Romania as 888 Holding’s fifth core market, aiming for a leading position in a market projected to grow at a 13% annual rate.

For further insights into GB:EVOK stock, check out TipRanks’ Stock Analysis page.

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