William Hill already belongs to 888 Holdings

William Hill already belongs to 888 Holdings

The acquisition of William Hill by 888 Holdings, who had been negotiating for months between their shareholders with 99.73% support for the operation, has finally become effective. The operation has finally been closed with the purchase of the part of the William Hill business that depends on outside the United States for the total of 2,870 million euros. With this accession, 888 becomes the third online gaming operator.

Regarding William Hill, which in addition to controlling more than 1,000 betting spaces in the UK and the Mr Green and Redbet brands, accumulated a loss of $281.38 million in Euripa in 2021, so through this operation it is intended to restore at least the income that reported in the past 2019.

You may also like

Drawdown and strategies in sports betting: everything you need to know

The concept of drawdown has been widely used in the financial field. It is known as the yield curve in this sector, and is used to analyze a given investment strategy.Something similar happens in s...

Legal considerations of tipsters in sports betting

The shadow of sports betting tips is ever present. Just as in other sports there is always a risk of intentional tampering, which is (and should be) prosecuted to prevent the competitive and fair n...

Kelly's method in sports betting: what is it?

Kelly's method is a strategy by which it is possible to calculate the optimal bet based on the odds of the bet, as well as its prediction. It is a widely used tool for extracting the ideal return o...

Promotions