Business
May 5, 2021
Caesars Rebrands William Hill, Ready to Sell Non-US Assets
US casino giant Caesars Entertainment announced plans to significantly ramp up investment in the sports betting space and become a leading sportsbook operator nationwide. Having completed the $3.7 billion acquisition of UK-based sports betting company William Hill in late April, Caesars is now ready to offload its non-US assets. Sale Should Be Complete This Time […]
Business
May 3, 2021
Caesars Set to Bank off Sale of William Hill’s Non-US assets
Now that Caesars Entertainment was able to close on its purchase of William Hill and all of the sports gambling operator’s assets, it’s time to get to work. Caesars made it clear from the start that it would sell William Hill’s non-US assets following the acquisition that cost it $3.7 billion and it’s ready to […]
Industry
April 23, 2021
William Hill Is Now Officially Part of the Caesars Entertainment Family
As Caesars Entertainment jumped through all of the bureaucratic hoops to secure its acquisition of sports gambling giant William Hill, there was some concern that another entity might try to muscle its way in at the last minute. Caesars has now made sure that this won’t happen, as it quickly closed on the purchase deal […]
Business
April 21, 2021
William Hill Acquisition by Caesars Entertainment Now a Virtual Slam Dunk
Attempts to derail Caesars Entertainment’s acquisition of the massive William Hill sports gambling operator have failed. A complaint filed against William Hill by two investment firms that accused it of misleading shareholders and the general public has been thrown out by the High Court of Justice in England and Wales, marking a definitive step in […]
Sports
April 19, 2021
William Hill Still Performs Better Than GambetDC in Sports Gambling
William Hill’s footprint in the nation’s capital pales in comparison to that of GambetDC, the sportsbook operated by the DC Lottery, but the sportsbook has continued to be the go-to solution for the area’s sports gamblers. Limited to just a two-block radius of Capital One Arena, both through a physical book and an online option, […]
Business
March 30, 2021
FT: Hedge Funds Peeved with William Hill and Caesars Deal
GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information. Hedge Funds Raise Issues with William Hill/Caesars Acquisition Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]
Industry
March 17, 2021
William Hill Introduces Responsible Gaming Campaign in the US
Across the globe, one of the concerns with the legalization of gambling is the possibility that it could become addictive or, at the very least, might lead to irresponsible spending for some. All legal gambling markets have included some type of protection for consumers, whether through the introduction of awareness programs, dedicated gambling addiction help centers, or both. […]
Business
March 4, 2021
William Hill: 2020 Earnings Impacted by Closures, Sport Disruptions
UK-based global gaming group William Hill released its final 52 week ended December 29, 2020 earnings report posting a 16% slump in net revenues year-over-year. Growth in Online Gaming The final 2020 earnings report showed no surprises from the trading statement featuring unaudited results William Hill released in January, in which the gaming company outlined […]
Business
February 5, 2021
William Hill Rolls Out Online and Mobile Sportsbook in VA
U.S. sports betting market leader, William Hill announced on Wednesday that it entered the regulated sports betting market in Virginia. The operator rolled out its mobile and online sportsbook for sports fans in the state. William Hill Enters Virginia, Rolls Out Mobile and Online Sportsbook William Hill US announced that in partnership with Caesars Entertainment […]
Legal
February 4, 2021
UK Gambling Stakeholders Comment on PwC Black Market Report
A new PwC report analyzing the offshore gambling market in the United Kingdom has seen fewer operators but higher participation from online consumers. More People Visit Fewer Illegal Gambling Websites British sports books and gaming firms have cited a reported conducted by PwC which described the increasing impact the offshore and black markets have on […]