In January 2019, 888 Holdings, a prominent online entertainment brand and a leader in the iGaming market, proudly declared the acquisition of a gaming license in Portugal. This license grants the company the authorization to provide a diverse range of betting games, including slots, poker, and table games, through a dedicated website specifically tailored to cater to the English audience.

After the legal launch of 888 Group in Sweden earlier this year, the English license now marks the company's 12th jurisdiction where it can lawfully operate and expand its platforms. In addition to Sweden and Portugal, 888 currently holds licenses in the United Kingdom, Italy, Denmark, Romania, Ireland, Spain, Nevada, New Jersey, and Delaware, with the latter three located within the United States. The inclusion of the English license further strengthens 888's presence in Europe and underscores its commitment to providing secure and regulated online gaming services in various markets worldwide. This achievement highlights the company's dedication to meeting the diverse needs of players while adhering to strict legal and regulatory requirements. As 888 continues to grow and evolve, it remains at the forefront of the global online gaming industry, delivering innovative and exciting experiences to its customers.

Both recently acquired licenses showcase 888 Holdings' dedication to expanding the scope of their business through appealing and legalized markets. In Portugal, the governing body known as the Regulation and Inspection of Games (SRIJ) takes charge of regulating the country's gaming landscape and is the sole entity authorized to issue such licenses. This marks the 16th license granted by the SRIJ since 2015, when the online gaming scene was introduced in the country.

The upcoming months will see the introduction of 888 Poker in Portugal, following the successful launch of 888 Casino. This exciting development means that poker enthusiasts residing in the country will have the opportunity to join a vast network of players from across Europe. The forthcoming network will feature an extensive selection of games and innovative features, providing users with the same level of quality and convenience that European players have come to expect. Stay tuned for this highly anticipated release!

The executive CEO of 888 Group made comments.

In an official statement, Itai Pazner, Executive CEO of the 888 Group, expressed his thoughts on acquiring the license. He emphasized the significance of this achievement, highlighting the company's commitment to upholding the highest standards of compliance and customer satisfaction. Pazner further stated that obtaining the license is a testament to their dedication to providing a safe and responsible gaming environment for their users. The CEO expressed gratitude to the regulatory authorities for their thorough evaluation and recognition of the 888 Group's efforts in promoting responsible gambling practices. He concluded by reaffirming the company's unwavering commitment to continuous improvement and innovation in the online gaming industry.

This marks another significant milestone in 888's growth strategy, which is centered on diversification and expansion into regulated markets. The company is actively pursuing opportunities for growth and market expansion, demonstrating its commitment to capitalizing on emerging opportunities. With a strong focus on regulatory compliance, 888 aims to establish a foothold in various regulated markets, leveraging its expertise and innovative approach to meet the evolving needs of customers. By strategically diversifying its operations and expanding its presence, 888 is poised to navigate new territories and seize the potential for sustained growth and success.

The introduction of the 888 Casino brand in Portugal presents excellent growth opportunities for the company, and we are eagerly anticipating the upcoming launch of the poker network that brings together players from Portugal and Spain, providing a top-notch online poker experience on the 888 Poker platform. We are thrilled about this development and excited for the future prospects it holds.

CEO, Itai Pazner, the leader of 888 Holdings.