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Archive for July 26th, 2016

888Poker Launches BLAST Poker Lottery Sit & Go

I just wrote one article about Lottery Sit & Go’s, so might as well write another, while the subject is on my mind. Guess today is an all-Lottery day. The news on this page: 888poker has launched its own Lottery Sit & Go version this week, called BLAST Poker. Like any Lottery Sit & Go, BLAST Poker is a short-handed, hyper-turbo (two minute blind levels) game with small starting stacks. One all players are seated, the prize pool is announced; it can be 2x, 5x, 10x, 100x, 1,000x, or 10,000x the game’s buy-in. Most sites make these games three-handed, but BLAST Poker goes its own way with four players per table. But that’s not at all interesting, so 888 came up with another change, one that will make these games even less skill-based than they already were. After a certain number of levels, all players will be automatically forced all-in

Rank/888 Holdings Making Play for William Hill

UK-based Rank Group and Gibraltar-based 888 Holdings confirmed rumors this weekend that they have teamed up in talks to acquire competitor William Hill, the largest gambling company in the UK. No financial numbers have been made public. Both 888 and Rank issued a statement today, which reads, in part: 888 Holdings plc (“888”) and The Rank Group Plc (“Rank”) (together the “Consortium”) note the recent press speculation regarding a potential transaction involving William Hill plc (“William Hill”) and confirm that they are evaluating a possible offer for William Hill (the “Proposed Transaction”). The Consortium sees significant industrial logic in the combination, through consolidation of their complementary online and land-based operations, delivery of substantial revenue and cost synergies and from the anticipated benefits of economies of scale which will accrue to all shareholders. No formal approach has yet been made to the Board of William Hill and there can be no