Gigi Levy has stepped down as Head of 888

CEO of international gaming giant 888, Gigi Levy, has announced his decision to step down from his position but will assist 888 in the transition to a new CEO over the next 6 months

International gaming giant 888 Holdings plc has made public thedeparture of its CEO, Gigi Levy. This news comes as a suprise to many, especially give the positive role he has had in steering the company towards economic prosperity since 888’s departure from the USA market.

888 had been holding negotiations with Ladbrokes plc regarding an acquisition or merger. They had been locked in talks for quite some time and analysts are weighing the effect that Levy’s departure will have had, or may have, on these discussions.

Movign forward, 888 is sitting in sound economic territory and while Gigi Levy is looking to take up other areas of interest, the company is in good shape despite the outcome of the merger discussions.

888 has flourished through strong European growth, desipite the provisions of the UIGEA that have crippled many new and established online gaming operators. Despite his departure, Gigi will continue to dedicate his time to 888 for the next 6 months to assist in the transition to a newly elected CEO.

About 888 Casino

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As befits one of the world’s leading online casinos , 888 have plenty of good offers and bonuses for new and regular players. The current sign up bonus package of £800 is amongst the highest available at any online casino although £700 of this bonus is spread across twelve months. Other on going promotions include “Get A Free Spin Every Day For A Year” and a free £8 of money to play with in the new 3D online casino for all players.