The owner of betting giants 888 and William Hill has revealed its finance chief is stepping down after the group reported a dip in online sales.

Yariv Dafna, chief financial officer and executive director of 888 Holdings, will leave the role at the end of March, following the publication of its full-year results.

The gambling group said on Friday that its total revenues over the last three months of the year declined by 3%, driven by a fall in online sales. Across the year, online revenues hit £1.33 billion, down 15% from the £1.57 billion made over 2021.

Previously, 888 has flagged that new regulations including improved safety measures for people using betting platforms in the UK has had an impact on revenues for the group, and it again blamed the changes for declining online sales.