888 director of business development Yariv Lavi steps down after 13 years in the role

Yariv Lavi, the director of business development at 888, is stepping down from his position after serving for over 13 years. Lavi assumed the role in November 2009 and has played a major role in core developments during his tenure. 

Lavi was present during the acquisition of William Hill’s non-US assets in July last year. He also supported 888 with its expansion plans in markets around the world, including in the US.

Confirming the news, Lavi in a LinkedIn post wrote: “I’m excited to share that I’m leaving 888 this week after 13 and a half years. It’s been an incredible journey and I’m so appreciative for the opportunity to have worked with such talented people.”

He added: “I’ve learned so much from my colleagues and managers and I’m proud of the work we’ve done together. I’m also grateful for the chance to have worked for one of the best gaming operators in the world and to collaborate with amazing partners across the industry. I’m excited to see what the future holds. I’m confident that I’ll be able to build on the foundation I’ve established at 888.”

Before joining 888, Lavi worked as marketing director at BVR Systems. He also worked as sales director at IAI and marketing manager at Spacecom.

888 faces license review

The development comes shortly after the announcement that 888 will face a license review by the UK Gambling Commission. The operator faces investigation after FS Gaming, an investment vehicle backed by former Entain executive Kenny Alexander, announced the acquisition of a stake in the business.

Both Alexander and Lee Feldman, also a former Entain executive, were proposed to assume key roles at 888, as CEO and chair respectively. However, amid fears that the move could lead to the revocation of the business operating license, the plan has now been reportedly dropped, and 888 said it is collaborating with the Commission.

Alexander's proposed involvement in 888 is under scrutiny as Entain faces an ongoing HMRC investigation regarding its former Turkish-facing business. The company also acknowledged historical misconduct involving former third-party suppliers and former employees.