Patrick Jonker has chosen not to serve as William Hill’s International Managing Director, as confirmed by the betting company. The departure of Jonker is on mutual terms, and the move is timed closely to William Hill’s anticipated merger with 888 Holdings. The near $3-billion deal (£2.2 billion) was agreed to last month by 888 and […]
It’s been a good year for 888 Holdings. Profits are up, it’s launching a new sportsbook with Sports Illustrated in Colorado and, if the latest news is correct, it’s about to become much more entrenched in the European market. According to a report by The Times, Caesars Entertainment has accepted 888’s offer for the purchase […]
The sportsbook platform of MGM Resorts International is gaining momentum in its new jurisdiction of Washington, DC, with a sports betting handle of $643,498 in July. BetMGM Scores Second Strong Month in Washington, DC BetMGM reported a sports betting handle of $643,498 in the Washington, DC, market in July, and was the only operator to experience growth during the month. Although BetMGM’s DC share stood at […]
Tipico and CVC Capital Partners have set their sights on William Hill’s international assets, up for sale by Caesars Entertainment. Tipico and CVC Show Interest in William Hill’s Non-US Assets Tipico, an international provider of sports betting and casino games, is one of the latest frontrunners for the acquisition of William Hill UK and European assets, […]
William Hill has announced that it has become the title sponsor of the inaugural “Racing League,” the UK horse racing’s first team-based competition. William Hill to become the title sponsor of Racing League William Hill has become the title sponsor of Racing League, the UK horse racing’s first team-based competition. The sponsorship aims to revive […]
Betfred reports profitability for 2020, despite the COVID-19 pandemic and the hardships it had along the way. Betfred Records Profit in Its Annual Report Betfred, a bookmaker based in the UK, has reported profitability despite the COVID-19 pandemic, thanks to HM Revenue & Customs (HMRC). Betfred’s annual report for the year to September 27, 2020, […]
Advent International is rumored to be in on the fight to purchase William Hill as this company is reportedly focused on buying all of the assets by this reputable sportsbook in both Europe and the UK. At the moment, Advent also has two competitors in this auction – Apollo Global and 888 Holdings, the latter […]
As Caesars Entertainment could sell William Hill’s non-US assets this year, according to analysts, 888 Holdings could be one of the possible buyers. 888 a possible buyer of William Hill’s international assets This quarter, Caesars Entertainment could start the sale process of William Hill’s international assets, and it is possible to announce a buyer later […]
The upcoming gambling industry regulatory overhaul in the UK expected after the completion of the ongoing 2005 Gambling Act review does not seem to worry operators much, after another one, BoyleSports, appears willing to expand via the acquisition of William Hill’s retail shops. “BoyleSports would certainly be interested in acquiring some or all of William […]
D.C. could soon see unexpectedly low sports betting tax revenue as every year the officials revise down their revenue projections since the legalization of sports gambling in 2020. D.C. Council Dazzled by the Low Revenue from Sports Betting The D.C. Council Committee on Business and Economic Development held a budget oversight hearing on Thursday where […]
