888 Promotes Lead Group Specialist as Company Targets Accelerated Growth

Publish: 10.05.2017

As a company operating several high-profile gambling websites including its crown jewel 888 Casino, Gibraltar-based 888 Holdings plc is constantly seeking new growth possibilities.

New Executives Promoted

Award-winning company and a parent to a casino loved and enjoyed by players all across the Canadian territory, 888 has confirmed that two senior executive promotions were awarded in the company last week.

Namely, Yaniv Schwartz and Yaniv Sherman have been appointed to specialist functions within the company’s operations.

Schwartz has been with 888 Holdings ever since 2011 as Head of Dragonfish B2B gaming division and he will be taking on the specialist function on Head of Group Customer Risk Management.

In his new role within the company, Schwartz will lead the 888 group fraud and risk strategies as this operators seeks accelerated growth options within regulated European markets.

In the meantime, Sherman has been appointed as the new Senior VP Head of Group Commercial Development.

Yaniv Sherman will be overseeing all 888 Holdings assets and his promotion has been confirmed as a company’s effort to consolidate group commercial functions. The senior executive will take over end-to-end commercial responsibility of the Dragonfish network.

Organisational Restructure

Both 888 Holdings executives will report directly to company CEO Itai Frieberger, who confirmed the appointments of the two senior execs to the shareholders in the first place.

“Our consistent focus and commitment to driving growth in regulated markets and compliance has led us to examine the group’s organisational and senior management structure,” Frieberger stated.

In other news related to the company, 888 Holdings has announced a double-digit rise in revenues with a continued growing trend that makes for a 77% rise in 888 shares over the past two years.

The year 2016 was a financial success for the company that is plotting moving its headquarters out of Gibraltar and heading to Malta due to the latest developments related to Brexit.