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Gigi Levy quits as 888 CEO

11th April 2011 8:06 am GMT

UK listed online gaming operator 888 Holdings plc has announced the surprise departure of chief executive Gigi Levy.

Levy’s departure comes at a crucial time for the company, which has been in protracted discussions with UK bookmaker Ladbrokes plc regarding a possible merger or acquisition, and pours doubt on the likelihood of a successful outcome to these discussions.

888 said in a statement Monday morning that Levy is stepping down from his current role to pursue “other [...]

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