Boss of 888 doubled his pay package to £4m last year
Itai Pazner, chief executive of online betting group 888, doubled his pay package to £4m last year
<!–
<!–
<!–<!–
<!–
(function (src, d, tag){
var s = d.createElement(tag), prev = d.getElementsByTagName(tag)[0];
s.src = src;
prev.parentNode.insertBefore(s, prev);
}(“https://scripts.dailymail.co.uk/static/gunther/1.17.0/async_bundle- -.js”, document, “script”));
<!–
DM.loadCSS(“https://scripts.dailymail.co.uk/static/gunther/gunther-2159/video_bundle- -.css”);
<!–
The boss of online betting group 888 doubled his pay package to £4m last year.
Itai Pazner, chief executive since January 2019, received shares worth £2m under a performance-related package on top of his £675,000 salary, a bonus of £1m and other perks.
He took home £2m in 2020.
Pocket money: Itai Pazner received shares worth £2m under a performance-related package on top of his £675,000 salary, a bonus of £1m and other perks
Three weeks ago the FTSE 250 company said it had had a ‘record year’ as profits tripled.
But last month it was fined £9.4m for ‘social responsibility and money laundering failings’ by the UK Gambling Commission.
In one instance 888 had not contacted a customer who lost £37,000 in a six-week period during the pandemic.
Shares rose 5.3 per cent, or 9.7p, to 194.2p.
