Industry News
Caesars–William Hill Merger Deal Fails Over Price

The merger deal between William Hill and Caesars Entertainment has failed. The two companies held detailed discussions about “a cash-and-shares deal.” However, the discussions were aborted over price.
William Hill, the UK based bookmaker has already been struggling with ailing profitability, as its digital operation failed to pick up the momentum that its competitors in the field did gain and the FOBTs clampdown would only make things worse.
The shares of William Hill have plummeted since the company announced a pre-tax loss of £722 million for 2018, down from a £146.5 million profit in 2017.
William Hill had purchased online gambling group Mr Green & co AB for £242 million, earlier this year. The deal is hoped to help William Hill improve its digital performance. It has also secured the British bookmaker with a ready-made EU base once the UK leaves the European Union.
-
Africa6 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews5 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates6 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards6 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News5 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Africa4 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Latest News6 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Asia5 days ago
FIFA, NBA, UFC and More Sports Events Go Live – Crypto Sportsbook BETY Offers Global Sports Betting Coverage 2025