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.
-
Africa5 days ago
QTech Games wins Best Innovation of the Year at the 2025 SBWA+ Eventus Awards
-
Asia4 days ago
NODWIN Gaming and JioStar Unveil OnePlus Android BGMS Season 4
-
Latest News5 days ago
Vindral appoints Henrik Fagerlund as Chairman of the Board
-
Latest News5 days ago
Calema to Perform at Legends Charity Game in Lisbon
-
Conferences in Europe4 days ago
EGT Digital and EGT to rock the show at SiGMA Euro-Med 2025
-
Latest News4 days ago
Push Gaming redefines its portfolio, unveiling new game categories and sub-brand for extended player reach
-
Compliance Updates4 days ago
New channelization assessment from the Gambling Authority confirms Sweden’s problem
-
Affiliate Industry4 days ago
Nikita Lukanenoks Brings Slotsjudge Into Spotlight With Affiliate Leaders Awards 2025 Nomination