888 Holdings PLC will acquire William Hill PLC’s international’s assets for $3.03 billion. Caesars Entertainment bought William Hill in April, intending to sell off its non-US businesses. The deal is expected to close early next year. Caesars Entertainment will net roughly $1.2 billion from the sale. Meanwhile, the acquisition will […]
In an industry-defining about-face, the Las Vegas Sands Corporation is likely to open online gambling operations this year, despite previous resistance from the company’s chairman Sheldon Adelson. But does the Sands have enough in reserve to reverse its decades-long, anti-online stance and spin up a viable online product? Adelson Created […]
Betting giant Entain, the Isle of Man-headquartered parent company of Ladbrokes, rejected an £8.1 billion ($11b) buyout offer from US partner MGM Resorts Monday, sparking a rally in its stock as MGM shares took a dip. Entain officials said the offer from MGM, owner of several high-end resorts and casinos […]
UK sportsbook William Hill, acquired by Caesars Entertainment in September for $2.9 billion, announced Sunday that it picked up a majority stake of Columbia-based Alfabet SAS—an online casino and sports gambling operation run under the BetAlfa name. Alfabet and BetAlfa are relatively new players on the scene, having been in […]
They won’t be the only state to open for online sports gambling in January, but Virginia will undoubtedly do so with a unique set of regulations. Legalized in July, the Virginia Lottery has granted preliminary approval for up to a dozen online sportsbooks, including five of the usual suspects.DraftKings, FanDuel, […]
The latest merger between big gambling and big media became official Monday, foretelling a not-too-distant future of monolithic corporations and in-game wagering from home. The deal makes FOX Bet and parent company Flutter Entertainment a 95% shareholder in New York-based FanDuel. To complete the acquisition, Dublin-based Flutter will get a […]
Like New Jersey, Illinois, and Indiana, Colorado has reported record increases in online gambling this fall as a bevy of sportsbook operators custom-tweak apps and websites to gain credibility among bettors. Online Wagering in Colorado Takes Hold in the Fall Sports betting went live in Colorado on May 1, after […]
As the 2020 US election awaits certification, most (but not all) oddsmakers and sportsbooks are paying out Joe Biden as the winner. Looking back, it was the betting world, not traditional pollsters, that called the election more accurately. More money changed hands on the 2020 election than any event in […]
The fluidity of William Hill’s Kentucky Derby future odds six months from the 2021 Derby clearly illustrated itself before last Friday’s Breeders’ Cup Juvenile. Note, the key word here: “before.†Because, before undefeated 4/5 Juvenile favorite Jackie’s Warrior entered the Keeneland starting gate, he was no longer the darling of […]
Sportsbooks are as split as the US electorate on what to do about Donald Trump after the American presidential election was called on Saturday for former Vice President Joe Biden. With the 45th President refusing to concede, and Trump campaign operatives promising lawsuits to contest election results, some bettors have […]
DraftKings and FanDuel may be able to offer bets in Illinois as early as this weekend when Major League Baseball returns to play, with William Hill waiting in the wings. 5 Online Sportsbook Operators in Illinois with William Hill Coming Soon Sleuths discovered that DraftKings and FanDuel, the two biggest […]
Sports betting giant William Hill announced Wednesday that it will purchase the sportsbook assets of CG Technology, a move that will give the British bookmaker a strong presence on the Las Vegas Strip. The purchase includes retail sports betting properties at the Cosmopolitan, Venetian, Palazzo, Palms, Tropicana, and Silverton casinos, […]
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