888 appoints venture capital exec to board of directors

888 Holdings has named Limor Ganot as an independent non-executive director, effective 1 August.

Ganot currently serves as managing partner of Gefen Capital, a US-Israeli venue capital fund that targets investment in disruptive technology startups.

She also serves on the global advisory board of payments giant Diners Club International, and previously served as co-chief executive of Israeli conglomerate Alon Blue Square.
 
“I am delighted to welcome Limor to the 888 board,” chair of the operator’s board Brian Mattingley commented.

“Her involvement as a leader in a diverse range of businesses, together with her understanding of disruptive technologies, will be of significant benefit to 888 as we continue to grow and develop as a global leader in online gaming.”

Late last month the operator revealed that it expects to beat revenue and earnings forecasts for 2020, despite the disruption caused by novel coronavirus (Covid-19). While it acknowledged that the economic fall-out caused by the pandemic could harm revenue in the second half, it said a strong performance from online poker and a robust recovery from sports betting had complemented consumer migration to igaming in 2020 to date.