Tag Archives: Tom Reeg

LeoVegas poised to launch in New Jersey following Caesars deal

LeoVegas has set its sights on the New Jersey betting market, having developed plans to launch its online casino brand in the state, following an agreement with leading US gambling conglomerate Caesars Entertainment. Marking its first expansion into the burgeoning US gambling industry, LeoVegas expects to be able to accept its first American customers during the first half of 2022, …

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Caesars announces closure of £2.9bn William Hill takeover

Caesars Entertainment has announced the final closure of its £2.9 billion takeover of Gibraltar-registered online and retail betting operator William Hill. Under the terms of the transaction, Caesars will acquire all of William Hill’s online and offline assets, intending to sell all non-US business divisions, including the UK and international online verticals, as well as the operator’s extensive suite of …

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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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