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William Hill Australia has launched a new in-play horserace betting product dubbed “Double Down” in which punters can double their pre-race bet during the run at the same pre-race odds. The new innovative feature is backed by an integrated campaign that will see a series of digital content released as The Melbourne Spring Racing Carnival …
Recent rumours circulating in the Australian online gambling market that William Hill plc is about to withdraw in the face of tougher government attitudes, declining profit and taxation threats have been discounted as “completely untrue” in a statement Tuesday from the bookmaker. The group’s Australian arm recently posted reduced profits of A$7 million on revenue …
The failure of the GBP 3.4 billion 888-Rank acquisition bid for William Hill plc (see previous reports) has triggered a wave of speculation in the UK media over the weekend, with analysts suggesting that the next suitor for the online and land gambling group could be private equity giant CVC Capital Partners. Observers point out …
The chief executives of 888 Holdings and Rank plc issued a statement Thursday afternoon advising the market that they have abandoned their pursuit of a merger with William Hill plc and have withdrawn their offers. The statement follows the rejection last weekend by the directors of William Hill of a second offer from the two …
The Australian Wagering Council (AWC), a trade association representing the interests of online bookmakers such as Sportsbet, William Hill, Betfair and Bet365 has said it will disband following the withdrawal of William Hill on the back of the Government’s in-play betting ban as the association is now “less representative” than they would like. According to …
William Hill has replaced Barclays as the official title sponsor of the UK Football Writers’ Association (FWA). The three-year title sponsorship expands on William Hill’s existing relationship with the FWA where it has sponsored the production of weekly podcasts since 2013. Under the expanded relationship, William Hill will be a major supporter of the FWA’s …
In a statement Monday the UK online and land gambling group William Hill plc advised that it had received a revised acquisition bid from the 888 Holdings-Rank plc alliance on Sunday 14 August, but that the board of directors had again rejected the proposal. The company revealed that the non-binding bid comprises 199 pence in …
The UK media were in speculative mood over the weekend on the possibilities of William Hill agreeing to talk turkey with potential acquirers 888 Holdings and Rank Group. Several publications pointed to media comments by executives from the two companies which indicated a determination to press ahead with the bid and if necessary consider offering …
William Hill plc’s rejection of the GBP 3.16 billion 888-Rank acquisition bid this week has not deterred the bidders, who embarked Wednesday on a campaign to progress the venture, intimating that they remain open minded on pricing and laying out a raft of merger advantages in a detailed explanatory statement clearly aimed at shareholders (see …
William Hill has acknowledged receipt of an “unsolicited” non-binding, highly conditional proposal from 888 Holdings plc and The Rank Group plc laying out the proposal conditions regarding a potential combination of the three companies as: – an inter-conditional all-share merger of 888 and Rank, with 888 acting as the acquiring entity, to create BidCo, which …
Initial media reports suggest Rank Group and 888 Holdings have partnered to formally submit a GBP 3.6 Billion bid for William Hill following a week of speculation and a rather lukewarm response from William Hill on the prospects of a bid at the time. According to the Financial Times, the Rank/888 consortium has offered 364p …
English Premier League football club Chelsea has announced that online and land gambling group William Hill plc is its new official betting partner in a three-year agreement. The bookmaking firm will host Chelsea’s match day betting service at Stamford Bridge, allowing fans to place bets on match days and collect winnings from any one of …
The UK online and land gambling group William Hill plc has posted disappointing H1-2016 results in the wake of last month’s sudden departure of CEO James Henderson. Characterising the first half as “challenging, interim CEO Philip Bowcock revealed that the company’s key online vertical (it makes up a third of the business) had seen revenue …
William Hill has expanded is football sponsorship portfolio with the addition of English Premier League club Tottenham Hotspurs. The betting and gaming firm was named Official Betting Partner for Europe and Australia for the next two seasons beginning 2016/17 and provides an option to renew. This is William Hill’s second high profile sponsorship in a …
William Hill PLC has acquired betting and gaming digital solutions firm Grand Parade Limited for a GBP 13.6 million consideration in cash and shares. Established in 2007, Grand Parade develops apps, websites and e-commerce platforms for the sports betting, gaming and media industries. 200 developers and creatives are housed in Grand Parade’s offices situated in …
William Hill has entered into a memorandum of understanding (MoU) with the Scottish Football Association in what was described as a “landmark” agreement and follows a similar initiative with the English Football Association. The two separate MoU’s cover all professional football events and associated governing bodies within England and Scotland, and within the jurisdiction of …
The Consortium did not put forward a proposal or set out a position on price, timing, terms, form of consideration or transaction structure. The Board of William Hill would listen to and consider any proposal which might be forthcoming from the Consortium. However, it is not clear that a combination of William Hill with 888 …
In an otherwise quiet online gambling weekend news-wise, widespread reports emerged Sunday that the Rank and 888 Holdings groups are talking about joining forces with the goal of making an acquisition offer on William Hill plc. Rank’s chief executive, Henry Birch, is a former head of William Hill’s online division. James Henderson, CEO of William …
James Henderson, chief executive of the major international online and land gambling group William Hill plc stepped down with immediate effect Thursday after two years in the hot seat and amid troubled times for the company, which has had to issue profit warnings after taxation and declining digital business dented its performance. The company issued …
William Hill Australia has launched EachWay® in partnership with Emerchants Limited providing customers a reloadable winnings card solution. The card will provide customers additional flexibility in topping up their sports betting account using cash, credit card or eftpos along with access to their winnings in realtime through participating retailers across Australia. “We are excited that …
The US sports book division of Brit bookmaker William Hill has opened wagering on Virtual Racing at two of its Nevada race and sports books, boasting that it is the first in Nevada to do so. Combining quality graphics and the voice of legendary race caller Tom Durkin, William Hill Virtual Racing allows sports bettors …
Hot on the heels of the news that professional business services provider KPMG has been engaged to review the digital activities of William Hill plc (see previous reports) comes the news that Crispin Nieboer, the new md of the Online division, has been putting a new top team together. The company’s Special Projects Director, Steven …
William Hill plc, not long ago the leader in digital gambling activity but more recently reporting an 11 percent dip in net revenues in the vertical, has reportedly engaged the independent professional business services of KPMG to conduct a review of its technology and digital operations. UK business media reports on Monday claimed that the …
The spectre of lost business as a consequence of stringent problem gambling precautions has again arisen at the online and land gambling group William Hill plc, whose shares hit a three-year low Thursday on fears that the measures have put long-term earnings at risk. Our readers will recall that in March this year William Hill …