888.com Co-Founder Steps Down From Executive Post

May 13, 2006 (PRLEAP.COM) Business News
Gibraltar (PRleap) May 15, 2006- 888.Com, an industry-leading online gaming entertainment is announcing the appointment of Gigi Levy as its new Chief Operating Officer.

Mr. Levy will be replacing company co-founder Shay Ben Yitzhak, who will remain on the company’s board in a non-executive capacity. Ben Yitzhak has been the only one of the four founding shareholders to be involved in the day to day running of the business.

Company chairman Richard Kilsby commented, “The company will continue to benefit from Shay Ben Yitzhak’s guidance and counsel.”

Mr. Levy’s appointment to 888.com’s management team is set to go into effect on June 18th, 2006, the same day in which Ben Yitzhak will step down from his executive role.





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About 888.com:

888.com is the world’s No.1 online casino and poker room. They have in excess of 20 million members worldwide who enjoy an online gaming experience like no other.

Founded in 1996, 888.com offers two market leading products “Casino-on-Net” the worlds No.1 online casino offering all the thrills of the big games in Vegas from your pc and “Pacific Poker” where you can enjoy the excitement of competing against your friends and fellow members in any of the poker rooms. Both games are available to play in real money and practice mode.

Their goal is to provide quality entertainment to people who enjoy gambling, by giving them the opportunity to do so in a safe, fun, fair, regulated and secure environment.

Their clients are their greatest assets; therefore they make an immense effort to establish customer delight building relationships through service, honesty, advice and trust with each and every member.

888.com operates under a license granted by the Government of Gibraltar for the purposes of operating an online casino and poker room. 888.com has adopted the code of conduct of the Interactive Gaming Council (IGC), of which it is a Member.

888.com is operated by Cassava Enterprises (Gibraltar) Ltd. A registered company incorporated and located in Gibraltar (company registration number 83961). The company has other offices around the world and employs over 750 full time employees.

This year 888.com was the proud recipient of Best Online Casino and Best Online Operator of the Year at the eGaming Awards 2005. 888.com was also voted ‘Best online casino 2005’ by Inside Edge magazine. The Inside Edge Award was voted for by over 50,000 readers, and is the first of its kind for the online gaming industry.

A leader in Online Gaming since 1996, 888.com is constantly recognized for its commitment to an uncompromising gaming experience. 888.com was a founding member of eCOGRA, a non profit organization based in the United Kingdom which ensures that approved online casinos are properly and transparently monitored to provide player protection, fair gaming and responsible conduct.