US gaming giant Caesars Entertainment Inc. has set out further details of its possible cash offer for William Hill, saying that it is set to make a bid worth £2.9bn (€3.29bn/$3.71bn) for the bookmaker.
William Hill has confirmed that its board has received separate cash proposals to acquire the business from alternative investments giant Apollo Global Management and its US sports betting and igaming partner, Caesars Entertainment.
Sports betting and igaming operator 888 has appointed Lord Jon Mendelsohn, former director of general election resources for the Labour Party, as its chair designate and a non-executive director with immediate effect.
In this exclusive extract from the iGB Africa Report, sponsored by sportsbook technology provider Altenar, Scott Longley examines the brands that have carved out local market share, and the difficulties in establishing a pan-African presence.
The UK’s Competition and Markets Authority (CMA) is to investigate Evolution Gaming’s proposed acquisition of NetEnt, over concerns that the merger could lead to a reduction in competition in the British igaming market.
New Zealand casino operator SkyCity Group is to ease certain novel coronavirus (Covid-19) restrictions at its Hamilton and Queenstown properties, but warned measures will remain place for its facilities in Auckland for the foreseeable future.
UK industry standards body the Betting and Gaming Council (BGC) has called on the government to establish an “urgent economic package” to support the casino sector after warning its latest novel coronavirus (Covid19) measures could lead to 50% of workers losing their jobs.
The British Horseracing Authority (BHA) has warned that the racing industry in Great Britain faces a “severe threat” after the return of spectators to events was delayed due to an increase in novel coronavirus (Covid-19) cases.