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  1. #1
    newcustomeroffer is offline Public Member
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    Default Caesars Completes 2.9b Takeover Of William Hill

    Full article here: https://www.racingpost.com/news/caesars-entertainment-completes-29-billion-takeover-of-william-hill/485894

    However, the company said on Thursday: "As previously disclosed, Caesars intends to sell the non-US businesses currently owned by William Hill, including the UK and international online divisions and the retail betting shops."

    Private equity group Apollo Global Management, which was the main competitor to Caesars for William Hill, is understood to be among the front-runners to buy the bookmaker's operations outside the US, while online operator 888 have also voiced an interest in bidding for the business.

    Betfred are expected to be a potential buyer for William Hill's chain of betting shops should they come on to the market.
    They're clearly not interested in the non-US stuff though...

  2. #2
    rmeeuwsen's Avatar
    rmeeuwsen is offline Public Member
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    It sounds like a great move for Caesars.

    Why bother with 50+ different competitive International markets, when you have 50 different states with an open playing field that are set to “play” only with “the big guys” like them.
    Play or Promote - Share your links and Earn

  3. #3
    DarkHorse-SB is offline Public Member
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    Power play from Ceasars...bold. Good for them.

  4. #4
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
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    Here is the official press release:

    https://www.gpwa.org/article/caesars...am-hill-239659

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  6. #5
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    Pokerface is offline Public Member
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    Sounds like an excellent move for them and prepares for US market. Hopefully these changes can improve the relationships between affiliates and William Hill products.

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