888 Holdings shares plummeted on Friday after the gambling group revealed a massive drop in profits.
Pre-tax profits at the Gibraltar-based business tumbled by two-thirds to Ј14.4million in the first half of 2022 as loosening Covid restrictions and Sports betting stricter safety measures led to a decline in Britons gambling online.
Profits were also dented by costs associated with selling its bingo division and Sports betting acquiring William Hill's non-US operations, both of which were completed in early July.




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Slowdown: 888 Holdings saw its pre-tax profits tumble by two-thirds due to loosening Covid restrictions and stricter safety measures causing a decline in Britons gambling online

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