Australian business and financial review newspaper ‘Australia Business’, issued reports that British bookmaker William Hill is understood to be leading the race to acquire celebrity businessman Tom Waterhouse’s Australian betting operation. Tom Waterhouse is a popular figure in Australian sports television and shares half-time sports betting reports on Australian rugby and Australian football broadcasts.
The potential deal allegedly values TomWaterhouse.com at just under AUD$150 million (US $138.3 million), which is significantly less than the AUD$660 million ($598.5 million) William Hill paid in its acquisition of Sportingbet Australia earlier this year.
‘Australia Business’ also cites fellow UK based bookmaker Ladbrokes has also been linked with a bid for TomWaterhouse.com as Waterhouse looks to sell off part of his business.
Source IGamingBusiness
