Following the termination of a contract by Shay Segev to transfer voting privileges to the group, FS Gaming Investments has disclosed a smaller position in 888.
The investment firm, which includes former GVC executives from the gaming sector and is now known as Entain, has since seen its ownership stake in the internet casino and sports wagering operator fall from 6.57 percent to 4.55 percent.
FS Gaming announced the purchase of an 888 stake in June, led by the former GVC administration of Kenneth Alexander as well as Lee Feldman, with help from ex-Betfair CEO Stephen Morana and igaming financier Daniel Shribman.
The investment firm, which includes former GVC executives from the gaming sector and is now known as Entain, has since seen its ownership stake in the internet casino and sports wagering operator fall from 6.57 percent to 4.55 percent.
FS Gaming announced the purchase of an 888 stake in June, led by the former GVC administration of Kenneth Alexander as well as Lee Feldman, with help from ex-Betfair CEO Stephen Morana and igaming financier Daniel Shribman.