The 888 Holdings (LSE: 888) share price has taken to the skies this week, rising 28% today and 43% since Monday morning. This has lifted the shares above the 100p mark for the first time since the end of January. However, the stock was trading at 458p just over 18 months ago. So it will take a Herculean share price rally to ever reach those heights again. What’s been causing this extreme volatility? To recap, the online bookmaker has been in almost permanent turmoil in recent times. Last year, it was fined £9.4m by the UK’s Gambling Commission for social responsibility and money laundering failings. This followed a £7.8m penalty in 2017, which was a record at the time. Then in January, chief executive Itai Pazner announced his resignation after revealing the firm had launched an internal investigation into suspected money laundering by VIP customers in the Middle East. Prior to this, the chief financial officer had announced he was stepping down. Also worrying is that the firm is saddled with around £1.7bn of net debt after merging with William Hill International last summer. And William Hill has itself been hit by a record £19.2m fine by UK regulators this...