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Encyclopedia > Cassava Enterprises
Cassava Enterprises Logo

Cassava Enterprises (Gibraltar) Ltd. is a limited company which operates several high-profile gambling websites. Cassava Enterprises is incorporated and operates under the laws of Gibraltar. It belongs to a group of companies which was founded in 1997. Cassava is a wholly-owned company belonging to 888 Holdings Plc, which is listed on the London Stock Exchange (LSE: 888). Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... A limited company by shares (limited or Ltd. ... Caravaggio, The Cardsharps, c. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... The Source by Greyworld, in the new LSE building Paternoster Square. ...


Prior to the company's IPO, brothers Avi and Aaron Shaked owned approximately seventy percent of the parent-company through family trusts. Another pair of brothers, Shay and Ron Ben-Yitzhak, controlled approximately twenty-five percent through a family trust. Employees of the company collectively owned the rest. “IPO” redirects here. ... This law-related article does not cite its references or sources. ...


Since 2004, 888.com group has been the main sponsor of the Middlesbrough Football Club, with the 888.com name on the club's strip. More recently the 888.com group has become the main sponsor for Sevilla Football Club. In 2006, 888.com became the main sponsor of the World Snooker Championship. Middlesbrough F.C. are an English football team, commonly known as Boro. ... Sevilla Fútbol Club is a Spanish professional football club that plays in the top-flight Spanish La Liga championship. ... This article or section does not cite any references or sources. ...

Contents

Websites

The company operates under a gaming license granted by the government of Gibraltar. Under the terms of the gaming license Cassava Enterprises owns and operates a number of gaming sites (both for real money and educational sites) including: Gaming Control Board or GCB is a governmental body or agency charged with regulating casino and other types of gaming in a defined geographical area, usually a state, and of enforcing gaming law in general. ...


888.com

888.com is Cassava's flagship website. It was launched in November 1995 and serves primarily as an 'easy to remember' location and brand and encapsulates Casino-on-Net and Pacific Poker websites. Although it houses no games of its own, 888 is often billed as 'the largest casino website on the Internet'.


Casino-on-Net

Casino-on-Net is Cassava's online casino branch. It was originally launched in May 1997 and has served 13 million people. The site offers a number of traditional casino games for play, including slot machines, blackjack, baccarat, roulette, craps, pai gow poker, caribbean stud poker, keno, and video poker. Casino-on-Net also offers free 'practice money' versions of its games. Slot machines in the Trump Taj Mahal A slot machine (American English), fruit machine (British English), or poker machine (Australian English) is a certain type of casino game. ... This article is about the gambling game. ... This article is about the card game. ... Roulette is a casino and gambling game named after the French word meaning small wheel. In the game a croupier spins a wheel in one direction, then spins a ball in the opposite direction around a tilted circular surface running around the circumference of the wheel. ... Craps (previously known as crabs[1]) is a casino dice game. ... Pai Gow poker (or Double-hand poker) is an Americanized version of Pai Gow, in that it is played with playing cards using poker hand rankings, while Pai Gow is played with Chinese dominoes. ... // Caribbean stud poker is a casino table game with rules similar to five card stud poker. ... This article describes the lottery game. ... Video poker is a casino game based on five-card draw poker. ...


Reef Club Casino

Reef Club Casino is a casino offering by Cassava which features an 'underwater' theme. It was launched in May 2002 as a more fantasy-style alternative to the real-world style of Casino-on-net. It offers a selection of games similar to that of Casino-on-Net, and also allows players to play for 'practice money' if they prefer not to use real money.


Pacific Poker

Pacific Poker is Cassava's online poker room branch. It was launched in July 2002 and focuses exclusively on variants of poker and other card games. Traditional poker variants are offered, including Texas Hold'em, Omaha, and Seven-card stud. Like Casino-on-Net, Pacific Poker offers free play versions of its games for players who prefer not to risk real money. Pacific Poker is Microsoft Windows and Apple Macintosh compatible. Players can choose to play on the site's software program or on the non-downloadable game version available online. For the domestic fireplace tool, see fireplace poker. ... Texas hold em involves community cards available to all players (pictured here on the left). ... Omaha hold em (or Omaha holdem or simply Omaha) is a community card poker game (often referred to as a flop game) similar to Texas hold em, where each player is dealt four cards and must make his best hand using exactly two of them, plus exactly three of the... Seven-card stud is a variant of stud poker. ...


US players

On October 2, 2006, 888 Holdings announced that it had indefinitely suspended business from US customers in light of the passage of the Safe Port Act by the US Congress three days before.[1] On August 14, 2007, the US Department of Justice asked to recoup all profits made by the company in America. This would amount to nearly $120m for 888.[2] is the 275th day of the year (276th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... The Security and Accountability For Every Port Act of 2006 (or SAFE Port Act, Pub. ... is the 226th day of the year (227th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...


Mergers and acquisitions

in March 2007 888 announced its acquisition of Bingo business of Globalcom Limited for up to $43.4 million in cash.[3]


In late 2006 Ladbrokes and 888.com announced merger discussions; however, on April 23rd 2007 the companies announced that due to recent changes of Tax laws in the UK and fears of legal actions by the US government, both parties had amicably agreed not to continue discussions. 888.com's share fell 6% that day. Ladbrokes plc (LSE: LAD) is a British based gambling company. ...


Notes

  1. ^ Forbes: 888 suspends business from US customers
  2. ^ PartyGaming and 888.com About to Write Blank Checks to US Government?
  3. ^ Reuters: UK's 888 buys online bingo firm

External links



 

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