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Casino
December 29, 2020
Caesars Entertainment Receives US Antitrust Clearance for Acquisition of William Hill
The largest casino company in the USA announced the early termination of the waiting period under the HSR Antitrust Improvements Act of 1976 for the acquisition of William Hill. The Acquisition Process is on Track On Monday, Caesars Entertainment announced it has cleared the antitrust review of the casino operator’s pending $3.7 billion acquisition of […]
Business
December 28, 2020
William Hill Acquires Alfabet to Enter Colombian Market
UK-based sports betting and online gaming operator William Hill announced Sunday it acquired a majority stake in Alfabet S.A.S. to mark its first entry into a regulated gambling market in Latin America. “We are delighted to announce our acquisition of a majority share in Alfabet S.A.S, and with it, our first entry into a regulated […]
Casino
December 22, 2020
William Hill Launches with Mr Green in Latvia
Mr Green, one of William Hill’s flagship brands, is entering the Latvian markets, with the company leveraging the expertise of 11.lv, another William Hill asset in the country. William Hill Breaks Ground in Latvia with Mr Green William Hill has broken ground in the Latvian iGaming market once again with the roll-out of Mr Green […]
Industry
December 21, 2020
EGBA Released Official Data Projecting 23% Drop in 2020
The European Gaming and Betting Association (EGBA), the industry body representing online gaming and betting operators licensed in the EU, released official data, stating that gambling revenues would drop by 23% in 2020 due to the material impact of the coronavirus outbreak. “Like many other sectors, Europe’s gambling sector has taken a hit from COVID-19 […]
Legal
December 8, 2020
UK Gambling Law Review Begins Supported by BGC and William Hill
UK Government announced today the launch of the long-awaited review of the gambling laws in the country that is set to define the framework for an upcoming overhaul of the industry. Launched as part of a call for evidence which is set to run for 16 weeks, the review will consider strengthening the powers of […]
Business
November 20, 2020
William Hill Shareholders Approve Caesars Takeover Bid
William Hill shareholders have given their approval for the takeover bid by Caesars Entertainment on Thursday in the company’s headquarters in London. Caesars Moves Close to William Hill US Acquisition Expectedly, William Hill shareholders vouched their support for the £2.9 billion takeover bid put forth by Caesars Entertainment. The vote took place in William Hill’s […]
Business
November 17, 2020
Will Betfred’s Fred Done Approve Caesars’ Takeover of William Hill?
Betfred owner Fred Done will most likely give his approval for the upcoming Caesars’ takeover of William Hill’s US operations, The Standard has reported. Done Expected to Give His ‘Aye’ During Shareholder Meeting This Week Fred Done, Betfred’s owner, is tipped to say yes in the pending £2.9 billion acquisition of William Hill by Caesars […]
Sports
November 17, 2020
William Hill Continues to Lead Mobile Betting Market in D.C.
Washington’s D.C. Lottery gambling app powered by Intralot saw a 27.8% increase in handle month-over-month but still lags behind William Hill’s temporary sportsbook. D.C. Lottery’s Gambet Sees Increase in Revenue It has been a great month for Washington’s D.C. Lottery with total handle growing by 27.8% month-over-month in October and mobile betting paying off. Yet, […]
Business
November 10, 2020
CVC Capital, Apax Partners Bid for William Hill non-US Assets
Two entities are reportedly preparing a bid for William Hill’s non-US assets with CVC Capital Partners and Apax Partners putting a £1.5 billion each on the table, The Sunday Telegraph reported. CVC Capital and Apax Partners Potentially Bidding for William Hill In a mad scramble to the top, CVC Capital Partners and private equity firm […]
Sports
November 2, 2020
William Hill: Home-Field Advantage Disappeared with Crowds
Sports betting operators face difficulties quantifying the effect of home-field advantage due to games being played behind closed doors and with zero audience. William Hill already reported in a Q3 trading update it had its profit margin slashed due to a string of unpredictable results. William Hill told shareholders the lack of fans in the […]