The spectacular one-frame knockout event, with ten-minute frames and a shot clock, will run from January 24 to 26 at the Tower Circus Arena, Blackpool
The world's top 64 players will all be invited to compete in the three-day event, which will receive extensive television coverage from Sky Sports. Martin Gould will be defending the title which he won last season by beating Mark Allen in the final.
Tickets, which start at just £16, can be bought by visiting www.worldsnooker.com/tickets or calling 0871 620 7052 (calls cost 10p per minute, plus network extras).
World Snooker Chairman Barry Hearn said: "We are thrilled to welcome 888casino.com on board for what has quickly become known as snooker's most exhilarating quick-fire event. Snooker is a rapidly growing sport and the exposure we can offer for the 888casino.com brand has led them to get involved with a range of events this season.
"The 888casino.com Shoot-Out will once again provide fantastic entertainment for the fans. The arena in Blackpool produces a cauldron-like atmosphere so it's all about which player can think quickly under pressure. It's a dramatic three days of snooker."
Itai Pazner, Senior Vice President of 888.com, added: "The 888casino Snooker Shoot-Out will join several other partnerships we have made with the popular sport recently and over the years. The fast paced format should offer an entertaining event that we hope the fans and our customers will truly enjoy."
Ball by ball scoring and results from tournaments