Las Vegas Sands Looking to Partner With 888 Holdings

Sheldon Adelson's body isn't even cold yet and the casino empire he founded is already abandoning his hatred of online betting by announcing intentions to join the online betting world. This is being aided by the company reportedly aiming to work with online giant 888 Holdings for a purchase.

The potential acquisition is rumored by industry sources, who said that the company is intent on getting into the online betting realm due to drops in revenue caused by the Covid-19 pandemic. This pandemic is costing Sands billions at its Las Vegas and Macau properties, and online betting has the potential of offsetting some of those losses.

Reportedly, this acquisition or partnership would see Sands having a gaming platform built for its properties with both a casino and sportsbook being a possibility.

"Working with 888, or buying it, is not its only option, but it would bring market-leading knowhow, technology and a great brand, for Sands China in particular," said industry broker Peel Hunt. "A collaboration between 888 and Sands, commercial or corporate, is uncertain, but would have the potential to materially offset UK risks to revenue."

We'll be following this story and will update readers as the details emerge.

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About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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usbarbadosslim93
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15 January 2021 - 5:09pm
#1

Sheesh... couldn't even wait til he was out of the morgue. Goes to show you how his company was against his staunch anti-online gambling stances.

Matthew

nzcableway20878
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17 January 2021 - 11:05pm
#2

How many times has 888 been sharfted for crooked schemes.
Oh I cannot count that many times.20+
Personally 888 only got me once some time ago.
1/They closed their live poker site down without notice a few years owing $1000s in $USA to many many players the Criminals.
I have never played a 888 site again.
Cheetah's do not change their spots so if 888 is looking at Sands as a platform some crooked action will follow💩

auMatthew
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18 January 2021 - 3:24am
#3
Quote:

Sheldon Adelson's body isn't even cold yet and the casino empire he founded is already abandoning his hatred of online betting

You know, maybe 2021 has some potential let's give it a chance 😂

usbarbadosslim93
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18 January 2021 - 3:30pm
#4

Hahahaha.

Matthew wrote:

You know, maybe 2021 has some potential let's give it a chance 😂

zaLambino
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19 January 2021 - 6:38am
#5

888 never cease to amaze me they constantly getting involved in more and more business ventures and growing bigger and bigger , I personally dont like thier casino back in the day when SA players could still play there the support were rude and never available I'm always surprised to see them growing thinking back on those old days

lvblck
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20 January 2021 - 6:01pm
#6

I don't know why but whenever I think of 888 I have a bad feeling, they somehow never come to my mind with something positive. Never really liked their product and didn't understand players who would choose them.

Matthew

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