The board of William Hill Plc has moved to reject the £3.3 billion takeover bid proposed by the strategic consortium of Rank Group and 888 Holdings. Quick to reject Rank and 888’s offer which was formally issued this afternoon, William Hill governance stated that the proposed deal ‘substantially undervalued’ its corporate enterprise, choosing not to forward the bid to its …

The strategic Rank Group and 888 Holdings consortium has declared its intent to takeover William Hill proposing a formal offer of £3.6 billion for the FTSE-listed operator. Updating the market Rank and 888 governances have proposed an initial 364p per share offer for William Hill, as deal stakeholders look to create another UK betting industry giant. The Financial Times, reports …

Asian-focused online betting operator TLCBET has been announced as official betting partner of Middlesbrough FC for Premier League season 2016/17. TLCBET marketing confirmed its ‘Boro’ betting partnership ahead of this weekend’s start of the English Premier League, as newly promoted Middlesbrough take on Stoke City. The betting partnership will see TLCBET promoted throughout Middlesbrough’s Riverside Stadium (capacity – 34,000), and …

Paul Leyland, Founding Partner at industry advisors Regulus Partners, will open the ‘Betting on Sports’ Conference (15-16 September, Grange Tower Bridge Hotel London) detailing the potential impacts of BREXIT on betting stakeholders and the sector’s value chain. With the betting industry likely to face internal and external conflicts, Leyland details the demands governance, and leadership will likely face in testing …

Arena Racing strategic broadcast venture The Racing Partnership (TRP) has announced that it has secured its first media rights deal with the Bookmakers Technology Consortium (BTC). The deal will TRP content broadcast throughout 450 BTC syndicated UK and Ireland betting shops including Jenningsbet, Stan James and Corbetts. TRP content will include broadcasts from UK independent racecourses in Fakenham, Ffos Las, …

Updating the market, the UK Gambling Commission (UKGC) has fined UK National Lottery operator £300,000 for publishing inaccurate ‘Lotto Millionaire Raffle’ results on its website property. Following an investigation into the results publishing, UKGC officials stated that Camelot had placed ‘public confidence at risk’. Issuing further details, The Commission’s investigations into this error found that Camelot had breached the terms of …

Having been stung by Leicester City’s fairytale Premier League 2015/16 championship win, UK bookmakers appear to have put an end to their long-odds offerings, as they gear up for a new season of English football. Ladbrokes a major victim of The Foxes’ title victory, reported that they had suffered a £3 million hit as football punters cashed-in on starter odds …

FTSE-listed GVC Holdings (GVC) has confirmed the appointment of Adele Lawton to the newly created role of Group Head of Bingo. Joining GVC Holdings, Lawton will be tasked with leading corporate initiatives and group strategy for GVC’s newly acquired online bingo properties which include Foxy Bingo, Party Bingo and Cashcade Network bingo partners. Lawton takes over as GVC online bingo …

Stating its corporate intent to increase its profile within the UK betting market, Irish independent bookmaker Boylesports outlined to the Irish Business Post that it is prepared to bid £100 million (€118 million) for a significant chunk of Ladbrokes-Coral retail betting shop inventory. Meeting industry competition concerns, the UK Competitions and Markets Authority (CMA) has forced Ladbrokes-Coral to sell circa …

Following its H1 marketing alignment with Paddy Power, Betfair has launched its first multi-channel campaign ‘Ready?’ with London creative agency Lucky Generals. Lucky Generals had been appointed Betfair creative lead agency in May of this year, as new FTSE enterprise Paddy Power Betfair began its post-merger synergy strategy, outlining initial corporate savings within its marketing operations. ‘Ready?’ sees Betfair marketing …