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All investors get plenty of stuff wrong, but the aim of the game is to get more stuff right. About nine months ago, I wrote about “888 Holdings plc (888), William Hill and mad deal excitement”. The former had a c. 250 pence share price at the time and today it is about a third of that level. Probably a good job that I concluded back then that “...I will generously call it one for the experts…and I am not one…Avoid”.

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The share price of 888 Holdings (888) has remained pretty weak during the completion of its acquisition of William Hill, and as a result of revenue in the final quarter of 2021 showing a substantial fall.

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Are you excited to read that the FTSE-250 company 888 Holdings (888) - which regards itself as “one of the world's leading online betting and gaming companies” - has pushed its share price up over 25% today after announcing progress with its efforts to buy the international (non-US) business of William Hill? After all we all know that online betting and gaming is seeing more and more demand. But will it be paying too much in an area which is already highly competitive?

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