Tag: Hill

William Hill agrees $2.9bn takeover by Caesars Palace-owner

Image copyright Getty Images Caesars Entertainment, the Las Vegas casino-owner, has struck a £2.9bn deal to take over William Hill. The boards of the US firm and William Hill agreed a cash offer of 272p a share, compared with 273p at the start of Wednesday trading, subject to shareholders voting in favour. US private equity firm Apollo had also made… Read more →

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William Hill: Takeover battle looms for UK bookmaker

Image copyright Getty Images A bid battle is looming for UK betting giant William Hill after it received two rival takeover approaches. The company confirmed it had received proposals from US-based private equity firm Apollo and casino giant Caesars Entertainment. It said talks were “ongoing” with both suitors and there “can be no certainty” that any formal offer will be… Read more →

William Hill to close 119 betting shops

Image copyright William Hill William Hill says 119 of its High Street betting shops will not re-open after the shutdown forced by the coronavirus outbreak. The company, which has 1,500 UK outlets, said it did not expect customers to return in the numbers seen before the Covid-19 pandemic. It said around 300 staff were affected, and all but 20 had… Read more →

William Hill punters bet on table tennis in sports lull

Image copyright Getty Images William Hill says its punters have been betting on table tennis since the coronavirus pandemic put paid to most conventional sporting events. The bookmaker said the sport was part of its offer of “alternative products” for gamblers during the lockdown. Other opportunities for wagers include football in emerging market countries not yet as badly affected by… Read more →