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Stock impact report

UPDATE 1-Gambling firm 888 to change its name as new CEO lays out strategy [Yahoo! Finance]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Yahoo! Finance
March 26 (Reuters) - 888 Holdings said on Tuesday it plans to change its name to evoke plc, to reflect its multi-brand model, nearly two years after the British bookmaker bought William Hill's non-US assets. 888 reported a 41% jump in annual adjusted core profit to 308.3 million pounds ($389.94 million) for the year ended Dec. 31, as it reaps the benefits of its 2 billion pound acquisition of William Hill in 2022 from Caesars Entertainment. The name change is part of CEO Per Widerström's new strategy to focus on core markets, reset its operating model with a focus on automation and artificial intelligence, remove duplication and deliver more cost savings. "Today marks the beginning of an exciting new dawn for this business," said Widerström, who was appointed CEO in October. 888, which operates online casino, poker and sportsbetting under its 888 brand umbrella as well as Mr Green, said it expects first quarter 2024 revenue to be in the range of 420 million to 430 million pou Show less Read more
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