Industry News

888 Holdings Shows Interest in William Hill’s European Business

Published

5 years ago

October 2, 2020

Niji Narayan

888 Holdings Shows Interest in William Hill’s European Business

Reading Time: < 1 minute

888 Holdings has declared an interest in purchasing William Hill’s European business.

On September 30, Caesars Entertainment announced it has reached an agreement to acquire William Hill in a deal worth £2.9bn ($3.72bn).

The US operator intends to focus on the US sports betting market and is seeking buyers for all William Hill’s non-US operations, including its UK and European businesses.

As a result, 888 CEO Itai Pazner suggested if an opportunity arose, the operator wouldn’t rule out expanding its business.

“We are going to look at any asset that can be relevant for us, and within that list, if that opportunity (to buy William Hill’s assets) comes our way, that could be relevant for us,” Pazner said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.