Tag Archives: Caesars Entertainment

Roger Devlin: Caesars offers the best foundation for William Hill’s US multi-state growth

In accordance with City Laws, William Hill Plc has published a full breakdown and notice of deal procedures related to its agreed £2.7 billion takeover offer by US Nasdaq gambling group Caesars Entertainment Inc.  Approved by William Hill’s board of directors, Caesars £2.7 billion offer will be presented to investors of the FTSE betting group on 17 November for its …

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William Hill delivers on group-wide recovery as US takeover priorities loom

William Hill has stated that it is tracking ‘solid progress across all divisions’, as the FTSE betting group returns all operating units to robust trading during a transformative Q3 period. Publishing its Q3 trading update for the 13 week period to 29 September 2020, William Hill noted an ‘encouraging’ performance across all verticals, particularly highlighting growth across its ‘online international’ …

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Done eyes William Hill estates in potential UK chop-up

Betfred founder Fred Done is reported to be eyeing a swoop of William Hill’s UK retail estates at a discount price, as rumours circulate as to how Caesars Entertainment will reshape the company, following this morning’s approval of its £2.9 billion takeover offer.  Done has been branded as the big winner of the Caesars deal, having built a 6% stake …

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Caesars reaches agreement on William Hill takeover

Caesars Entertainment has confirmed that it has reached an agreement with William Hill which will see the US operator complete a £2.9 billion acquisition of the UK bookmaker. The acquisition, which awaits the approval of anti-trust and regulatory bodies, will support William Hill’s ongoing expansion into the US market by creating ‘one of the largest gaming-entertainment companies’ in the market. …

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Caesars makes early £2.9bn play on William Hill takeover

Caesars Entertainment has confirmed that it will move forward with an initial £2.9 billion ($3.7bn/€3.3bn) offer to acquire US wagering partner William Hill Plc outright. Closing Friday trading, William Hill confirmed to markets that Caesars alongside US private equity fund Apollo Global, are the two suitors seeking to buyout the heritage UK bookmaker. Caesars has confirmed that it has concluded …

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UKGC orders Caesars to pay £13m following ‘serious systemic failings’

Copyright: gioiak2 / 123RF Stock Photo

The UK Gambling Commission (UKGC) has ordered Caesars Entertainment to pay £13m in a regulatory settlement ‘following a catalogue of social responsibility, money laundering and customer interaction failures’. As a result of its investigation, three senior managers at Caesars have surrendered their personal licences, with the UKGC’s investigations into Personal Management Licence holders still ongoing. The UKGC has confirmed that …

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SBC continues to grow media operation with SlotBeats addition

SBC has continued to grow to its news network with the launch of SlotBeats, sister site to leading online and land-based casino news portal CasinoBeats.  SlotBeats is the latest addition to SBC’s expanding media operation, which includes websites that attract a monthly audience of more than 170,000 unique visitors from the gambling and sports industries, as well as the SBC …

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SG Digital launches ‘next level’ scorecards Match HQ

SG Digital

Delivering new ‘player first engagements’ and dynamics across its sportsbook network, SG Digital – the interactive arm of Nasdaq-listed Scientific Games Corporation (SGC) – has launched new live score product ‘Match HQ’. Match HQ offers a diverse range of match tailored scoreboard cards for US and European sports audiences. It has been developed by SG Digital’s innovation studio Red7, offering sportsbook clients …

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SG Digital secures Headline Sponsor spot for Betting on Sports America

SG Digital

SG Digital has been confirmed as a Headline Sponsor for the biggest ever dedicated sports betting industry event in the US – Betting on Sports America. SBC, which celebrated its 10th birthday at this month’s ICE London, now runs the three biggest global sports betting trade events – Betting on Sports, Betting on Football and Betting on Sports America. Taking …

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Oneida Indian Nation’s NY prep continues with Scientific Games

The Oneida Indian Nation has followed up its alliance with Caesars Entertainment, by partnering with Scientific Games for the provision of its OpenBet technology at its three upstate New York properties. Deployment of the platform, embedded with player centric technology, in-house pre-game and data feed from the recently acquired Don Best Sports, is to commence as soon as sports betting …

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