Australia
William Hill set to buy CrownBet from Crown Resorts

Australian casino operator Crown Resorts has been forced to address media speculation that it is looking to divest its 62% interest in horse racing and sports betting brand CrownBet Pty Ltd, with UK bookmaker William Hill touted by several media outlets as the buyer.Â
In a filing on the Australian Securities Exchange, the resort operator said: “Crown Resorts Limited notes media speculation today in relation to consolidation in the online wagering industry, including in relation to CrownBet, which is 62% owned by Crown.Â
“Crown evaluates opportunities regarding its investments from time to time. Crown confirms that it is in discussions concerning its interest in CrownBet. There is no certainty as to whether any transaction will eventuate.â€
William Hill released the following statement to the Financial Times: “Following media speculation, William Hill confirms that it is in very preliminary discussions with CrownBet, the 62% owned online wagering business of Crown Resorts, regarding a possible combination of William Hill Australia, a wholly owned subsidiary of William Hill, and CrownBet.”
However, William Hill added: “There is no certainty that these preliminary discussions will lead to any transaction.”
It has been a year of realignment for Crown Resorts, which disposed of its remaining 11.2% stake in Asian operator Melco Resorts in May. Following this disinvestment, the company have pulled back from its Asian operations, focussing on the Australian market.
CrownBet had been one of the biggest opponents of the A$11.3bn merger between Tabcorp and Tatts Group, testifying in Australia’s Federal Court that the merger would be “bad for punters and competition†alongside fellow Australia operators Racing Victoria and Racing.com.
Despite the testimony, the Australian Competition Tribunal have this month ruled in favour of the merger dismissing allegations that it would harm competition in the Australian gambling industry.
-
eSports3 days ago
Post Malone to Headline Esports World Cup 2025 Opening Ceremony in Riyadh
-
Asia6 days ago
Bloomberry Resorts Corporation Appoints Gregory Francis Hawkins as Director, President and COO
-
eSports6 days ago
Cristiano Ronaldo Named Global Ambassador of the Esports World Cup 2025
-
Gambling in the USA6 days ago
Gaming Americas Weekly Roundup – June 9-15
-
Conferences in Europe6 days ago
Gaming in Germany Conference: November 11, 2025 | Save the date!
-
Interviews6 days ago
From Cost Center to Growth Driver: Rethinking Geolocation in a Regulated World
-
Compliance Updates6 days ago
EGT Digital is a licensed iGaming provider for Gibraltar
-
Conferences in Europe6 days ago
PIN-UP Global to Participate in IGB L!VE London