Key Takeaways
- During pokerfuse PRO’s interview with 888’s CEO Brian Mattingley we asked him about various factors affecting the global poker market.
- He saw the industry as in a “period of flux,” saying that “all of us are going to have to work hard.” The uncertainties and potential downsides in the world economy could see “the [gambling] industry going backwards, but only for a couple of years.”
- When asked about whether 888 had any plans to withdraw from any markets, as PokerStars and Full Tilt have recently done, Mattingley said that 888 was not likely to follow suit.
The financial crisis in much of the EU is worsening—France is determined to breach new EU deficit rules, Germany is heading towards a recession—and global risks are affecting relations between Russia and the US over the Ukraine. iGaming interests face many challenges as legislators and consumers attempt to navigate the current global economic landscape.
The industry is “in a period of flux,” Brian Mattingley, CEO of 888 Holdings, told pokerfuse. “All of us are going to have to work hard.”
He added that the uncertainties and potential downsides in the world economy could see “the [gambling] industry going backwards—but only for a couple of years.”
