Hotline: 0123-456-789

KC Gaming Networks 5 views

KC Gaming Networks
(0)
Follow
Something About Company

William Hill Agrees ₤ 2.9 Bn Takeover

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

William Hill agrees ₤ 2.9 bn takeover by Caesars Palace owner

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

Caesars Entertainment, the Las Vegas casino-owner, has struck a ₤ 2.9 bn offer to take control of UK wagering company William Hill.

The boards of the US company and William Hill agreed a cash deal of 272p a share topic to investors enacting favour.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

US private equity firm Apollo had also made a quote to take control of William Hill.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

But Caesars stated that if the UK company picked Apollo, it would jeopardise a joint venture in between them.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

Caesars owns a 20% stake in William Hill’s US operations, which likewise have exclusive rights to operate sports wagering under the Caesars brand name.

The US company, which owns Caesar’s Palace in Las Vegas, is particularly thinking about William Hill’s US bookmaking business which currently has 170 retail sites in 13 various states.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

In August William Hill stated it would not be reopening 119 of its UK High Street wagering shops after the coronavirus shutdown, saying it did not expect clients to return in the numbers seen before the pandemic.

William Hill stated its directors would “unanimously and unconditionally” advise that shareholders accept the bet9ja’s welcome offer.

The Caesars Palace owner intends to discover other owners for William Hill’s non-US services, including its more than 1,400 UK betting stores.

It stated it would incorporate the US company into Caesars with very little task cuts.

The comes not long after William Hill stated it was inclined to advise Caesars’ deal.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

Roger Devlin, chairman of William Hill, stated: “The William Hill board believes this promotion code is the finest choice for William Hill at an attractive price for investors.”

Caesars president Tom Reeg stated: “The chance to combine our land based-casinos, sports betting and online video gaming in the US is a really amazing possibility.”

Caesars Palace-owner tables ₤ 2.9 bn William Hill bid

28 September 2020

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

Takeover fight looms for bookmaker William Hill

25 September 2020

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

0 Review

Rate This Company
(0)

This company has no active jobs

Company Information
  • Slogan KC Gaming Networks
  • Company Size > 2000 employees
Connect with us
Contact Us
https://wp.nootheme.com/jobmonster/dummy2/wp-content/themes/noo-jobmonster/framework/functions/noo-captcha.php?code=303ee
You accepts our Terms and Conditions

Donec elementum tellus vel magna bibendum, et fringilla metus tristique. Vestibulum cursus venenatis lacus, vel eleifend lectus blandit a.

Contact Us

JobMonster Inc.
54/29 West 21st Street, New York, 10010, USA
[email protected]
http://jobmonster.com