Lavi steps down from business development role at 888

Lavi took up the position in November 2009 and has played a key role in core developments during that time.

These included the acquisition of William Hill’s non-US assets in July last year. He also supported 888 with its expansion plans in markets around the world, including in the US.

Prior to joining 888, Lavi worked as marketing director at BVR Systems. He also spent time as sales director at IAI and marketing manager at Spacecom.

“I’m excited to share that I’m leaving 888 this week after 13 and a half years,” Lavi said in a LinkedIn post. “It’s been an incredible journey and I’m so appreciative for the opportunity to have worked with such talented people.

“I’ve learned so much from my colleagues and managers and I’m proud of the work we’ve done together. I’m also grateful for the chance to have worked for one of the best gaming operators in the world and to collaborate with amazing partners across the industry.

“I’m excited to see what the future holds. I’m confident that I’ll be able to build on the foundation I’ve established at 888.”

Gambling Commission review

Confirmation of Lavi’s departure comes after it was announced late last week that 888 will be subject to a licence review by the GB Gambling Commission.

The operator faces investigation after FS Gaming, the investment vehicle backed by Kenny Alexander, acquired a stake in the business. A proposal for the former Entain CEO to take charge was rejected.

Initially, it was planned that a trio of former Entain executives would take charge. Alexander would have been named CEO under the proposal, with former Entain chair Lee Feldman taking on the same role at 888 and Stephen Morana becoming chief financial officer. 

This would likely take FS Gaming’s stake in 888 above 10%, triggering a change in corporate control that would require approval from the Commission.

Should the regulator reject that change, its only option would be to revoke a business’ operating licence.