Tag Archives: william hill

Mr Green sees SEK 30m Swedish AML penalty appeal rejected 

Mr Green has had its appeal against Swedish gambling inspectorate Spelinspektionen rejected by the Administrative Court of Linköping. Last Summer, William Hill’s European online gambling subsidiary was fined penalties totalling SEK 31.5 million (€3.1m) by Spelinspektionen for ‘failing to comply with due diligence and AML duties in order to protect customers’. Spelinspektionen ordered Mr Green to pay a SEK 1.5 …

Read More »

GambleAware lauds ‘Big Four’ donations but decries ‘inconsistent approach’

GambleAware has published its list of corporate donors for the 12 months ending 31 March 2022, revealing that the ‘Big Four’ group of UK operators generated 89% of all contributions. The responsible and safer gambling organisation updated that Entain, Flutter Entertainment and William Hill all made donations in the millions, with total industry contributions to GambleAware reaching £34.7 million. The continued …

Read More »

DAZN BET further enhances management as Gemma Burge takes safer gambling lead

DAZN has hired another industry veteran to the leadership team of its sports betting venture DAZN BET, appointing Gemma Burge as Head of Safer Gambling.  Burge specialises in risk management and safer gambling for the online and land-based betting and gaming sectors, having accumulated experience over a 15 year career, which included employment at Sky Bet and William Hill. At …

Read More »

BGC delivers debut Gambling Anti-Money Laundering Group workshop

The Betting and Gaming Council (BGC) has completed the first Training Day for the Gambling Anti-Money Laundering Group (GAMLG), in a bid to drive high standards and encourage best practice. Topics of discussion during the day-long session was consideration of key emerging risks, best practice and developments, which the standards body stated was a reflection of ‘the diversity of compliance …

Read More »

888 pursues shareholder approval to create ‘global gaming leader’

888 Holdings has issued an update on the progress of its acquisition of William Hill in a prospectus on the development, detailing the timetable and risk factors involved.  Approved by the Financial Conduct Authority (FCA), the prospectus explained that the international gambling group will hold an Extraordinary General Meeting on 16 May to seek approval from its shareholders. Although the …

Read More »

888 posts 18% revenue decline ahead of William Hill integration

888 Holdings has detailed that both its B2C and B2B operations suffered a substantial decline during first quarter trading, citing a number of factors impacting the FTSE250 group’s commercial performance.    Publishing a trading update for Q1 2022, 888 detailed a year-on-year corporate revenue decline of 18% to $224 million (2021: $273m) –  a percentage decline which was mirrored by  its …

Read More »

Betting operators hand over MP’s Grand National winnings to UK charities

Charities throughout the UK have benefited from large sums of money donated by bookmakers after MPs from around the country joined in on the Grand National action by placing charity bets. The UK’s biggest betting operators had vowed to hand over any winnings on MP charity bets to their charity of choice. The eventual winner was 50/1 shot Noble Yeats, …

Read More »

Metric Gaming recruits Marc Thomas as CCO to lead new game changing product launches 

Metric Gaming has moved to strengthen its business development capacity, naming Marc Thomas as new Chief Commercial Officer (CCO).  A 25-year sports betting and igaming commercial veteran, Thomas joins Metric Gaming’s senior management team from industry consultancy Propus Partners. During his tenure there he provided strategic guidance on the management of the firm’s sports betting global supply chain for operators, …

Read More »

888 nets £250m deal reduction on William Hill takeover terms 

The board of 888 Holdings has notified investors that it has reached an agreement with Caesars Entertainment to amend the terms of its acquisition of William Hill.  Citing a change in macroeconomic conditions and regulatory/compliance factors since the deal was initiated on 9 September 2021, Caesars has agreed to lower its enterprise valuation of William Hill from £2.2bn to £1.95/ …

Read More »

1account claims increased demand for digital ID among UK betting industry

KYC and AML validation services supplier 1account has claimed that digital ID technology has been broadly welcomed by the UK’s betting and gambling industry for player protection.  The company had earlier conducted a consultation exploring the “benefits, opportunities and challenges” of linking player accounts and activities across different operators to a digital ID. Participants in the consultation included online and …

Read More »