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Industry
December 21, 2020
EGBA Released Official Data Projecting 23% Drop in 2020
The European Gaming and Betting Association (EGBA), the industry body representing online gaming and betting operators licensed in the EU, released official data, stating that gambling revenues would drop by 23% in 2020 due to the material impact of the coronavirus outbreak. “Like many other sectors, Europe’s gambling sector has taken a hit from COVID-19 […]
Legal
December 8, 2020
UK Gambling Law Review Begins Supported by BGC and William Hill
UK Government announced today the launch of the long-awaited review of the gambling laws in the country that is set to define the framework for an upcoming overhaul of the industry. Launched as part of a call for evidence which is set to run for 16 weeks, the review will consider strengthening the powers of […]
Business
November 20, 2020
William Hill Shareholders Approve Caesars Takeover Bid
William Hill shareholders have given their approval for the takeover bid by Caesars Entertainment on Thursday in the company’s headquarters in London. Caesars Moves Close to William Hill US Acquisition Expectedly, William Hill shareholders vouched their support for the £2.9 billion takeover bid put forth by Caesars Entertainment. The vote took place in William Hill’s […]
Business
November 17, 2020
Will Betfred’s Fred Done Approve Caesars’ Takeover of William Hill?
Betfred owner Fred Done will most likely give his approval for the upcoming Caesars’ takeover of William Hill’s US operations, The Standard has reported. Done Expected to Give His ‘Aye’ During Shareholder Meeting This Week Fred Done, Betfred’s owner, is tipped to say yes in the pending £2.9 billion acquisition of William Hill by Caesars […]
Sports
November 17, 2020
William Hill Continues to Lead Mobile Betting Market in D.C.
Washington’s D.C. Lottery gambling app powered by Intralot saw a 27.8% increase in handle month-over-month but still lags behind William Hill’s temporary sportsbook. D.C. Lottery’s Gambet Sees Increase in Revenue It has been a great month for Washington’s D.C. Lottery with total handle growing by 27.8% month-over-month in October and mobile betting paying off. Yet, […]
Business
November 10, 2020
CVC Capital, Apax Partners Bid for William Hill non-US Assets
Two entities are reportedly preparing a bid for William Hill’s non-US assets with CVC Capital Partners and Apax Partners putting a £1.5 billion each on the table, The Sunday Telegraph reported. CVC Capital and Apax Partners Potentially Bidding for William Hill In a mad scramble to the top, CVC Capital Partners and private equity firm […]
Sports
November 2, 2020
William Hill: Home-Field Advantage Disappeared with Crowds
Sports betting operators face difficulties quantifying the effect of home-field advantage due to games being played behind closed doors and with zero audience. William Hill already reported in a Q3 trading update it had its profit margin slashed due to a string of unpredictable results. William Hill told shareholders the lack of fans in the […]
Business
October 30, 2020
William Hill Launches Sports Betting App in Indiana
Sports betting leader William Hill has announced the successful launch of its official sports betting app in Indiana. Remote Registration Is Now Available in The State Sports fans will be able to place bets and track them easily and quickly all over the Hoover State. The app also features multiple deposit and withdrawal options, as […]
Business
October 27, 2020
Caesars, William Hill Ink Agreement to Sponsor Indianapolis Colts
Caesars Entertainment, William Hill and the Indianapolis Colts ink a strategic sponsor partnership. The partnership makes Caesars and William Hill a sports betting partner of the NFL team. Caesars and William Hill Ink Sponsorship with Indianapolis Colts Caesars Entertainment and its exclusive sports betting partner, William Hill US, revealed on Monday this week their first […]
Business
October 26, 2020
Caesars’ Bid for William Hill Approaching Day of Reckoning
UK-based sports book and iGaming operator William Hill is subjecting to shareholder vote Caesars Entertainment’s £2.9 billion takeover bid on November 17, just two days prior to a court hearing on the deal. For the cash deal to go ahead, 75% of William Hill shareholders should vote in favor of the offer from the casino […]