William Hill – GamblersNews https://gamblersnews.com Betting News Hub Wed, 04 Mar 2020 23:22:39 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.10 https://gamblersnews.com/wp-content/uploads/2019/01/cropped-gambling-icon-32x32.png William Hill – GamblersNews https://gamblersnews.com 32 32 William Hill Named Sports Betting Operator of the Year at the IGA https://gamblersnews.com/william-hill-named-sports-betting-operator-of-the-year-at-the-iga/1322/ https://gamblersnews.com/william-hill-named-sports-betting-operator-of-the-year-at-the-iga/1322/#respond Wed, 04 Mar 2020 23:22:39 +0000 https://gamblersnews.com/?p=1322 The International Gaming Awards or simply the IGA is regularly supported by some of the most renowned iGaming industry’s insiders, gaming operators and gaming venues including both land-based and online casinos. The International Gaming Awards is held every year as managed by the Clever Duck Media Ltd. company which is a prominent event management firm […]

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The International Gaming Awards or simply the IGA is regularly supported by some of the most renowned iGaming industry’s insiders, gaming operators and gaming venues including both land-based and online casinos. The International Gaming Awards is held every year as managed by the Clever Duck Media Ltd. company which is a prominent event management firm with an effective, creative and passionate team that has a unique, innovative understanding of the entire gaming industry.

The International Gaming Awards 2020

Just like every year, this year’s event gathered masses. The International Gaming Awards of the IGA 2020 took place at the Savoy Hotel located in London on the 3rd of February. This year’s event was supported as well as enhanced by loads of renowned online and land-based casino insiders as well as a number of different gaming clients from all tiers. Some of the event’s sponsors included IGT, Pilot Games, SG Games, SA Gaming, Connective Games, Alea.com, Melco, Pragmatic Play, Yggdrasil Gaming, Videoslots Casino, 1XBet Professional Betting, Play’ n GO and many others.

The International Gaming Awards 2020 awarded several top-tier companies including online casino gaming and online sports betting operators for their unique, innovative work in the industry. A number of brands were also recognized for providing a unique, very positive impact in the industry via several different awards categories. One brand definitely stood up from its competition and this is William Hill which for two consecutive years has been named the IGA Sports Betting Operator of the Year.

Considering the operator’s recent successes which have helped it secure this prestigious award, the William Hill sports betting operator is taking all the right steps to remain one of the leaders in the industry. When it comes to its Sports Betting Operator of the Year by the IGA awards, the operator is recognized for its amazing ability to lead the industry not only in its customer numbers but also for its tablet and mobile customers as well as for its mobile platform’s originality and innovation.

William Hill’s Excellence

The Sports Betting Operator of the Year 2020 winner is also recognized for providing a number of premium-level customer services and products including its telephone service, usability and growth of its sports betting platform and its marketing efforts. All in all, the winning operator has shown that it excels in everything that the market demands and even more.

Commenting on the news, William Hill International’s CEO Patrick Jonker said that this year has started in an excellent way for his company. The company’s CEO also pointed out that his company’s major gaming brand Mr Green had enjoyed a similar success after winning the EGR Nordics Awards Operator of the Year just several days before the company’s major sports betting brand won the Sports Betting Operator of the Year IGA Award.

Being awarded the Sports Betting Operator of the Year by the International Gaming Awards just shows how well William Hill is positioned in the industry especially when it comes to the company’s two major brands. Mr. Jonker also said that he could not be any prouder of his teams. Another brand that was honored at the International Gaming Awards was the excellent Yggdrasil Gaming that was named the Innovator of the Year for four consecutive years. Yggdrasil Gaming won the award thanks to its remarkable developments including its new division named Yggdrasil Publishing.

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William Hill US Becoming Official NBA Sports Betting Operator https://gamblersnews.com/william-hill-us-becoming-official-nba-sports-betting-operator/927/ https://gamblersnews.com/william-hill-us-becoming-official-nba-sports-betting-operator/927/#respond Fri, 25 Oct 2019 14:48:07 +0000 https://gamblersnews.com/?p=927 One of the biggest, most prominent gaming companies in the industry, William Hill U.S. has just inked an extremely important partnership deal which will make the company fully authorized sports betting operator of the NBA. In order to make this happen, the London-based company has partnered with the owner of the popular Capital One Arena […]

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One of the biggest, most prominent gaming companies in the industry, William Hill U.S. has just inked an extremely important partnership deal which will make the company fully authorized sports betting operator of the NBA. In order to make this happen, the London-based company has partnered with the owner of the popular Capital One Arena located in Washington DC, Monumental Sports and Entertainment.

Under the terms of this business agreement, William Hill US will craft the very first sportsbook within a United States-based sports arena. Needless to say, this is a major accomplishment for the London Stock Exchange-listed company which has been around since 1934. The company was founded by William Hill in London, the UK. At the time of its inception, gambling was considered illegal which surely posed major threats for the company.

Since its inception, William Hill changed many owners over the years. First of all, the company was acquired by Sears Holdings back in 1971. Then, Grand Metropolitan purchased the company in 1988 before Brent Walker acquired it in 1989. Several years later in 1997, a Japan-based investment bank mounted a massive £700 million-worth William Hill leverage buyout following Brent Walker’s financial struggles and growing debts which at the time exceeded £1.3 billion.

William Hill Operations Outside the United Kingdom

The company’s financial struggles did not stop here. In 1999, the Japanese investment bank offloaded the entire company to privately owned equities CVC Capital Partners and Cinven for around £825 million. The company’s stocks eventually appeared on the London Stock Exchange back in 2002. At this time, the company was in a better place in terms of its finances which led to its rapid growth. WH acquired Sunderland Greyhound Stadium in 2002, followed by the acquisition of Newcastle Greyhound Stadium a year later.

Two years later, William Hill acquired more than seven hundred betting offices across the United Kingdom, Isle of Man, and the Republic of Ireland. This acquisition, in particular, took the company to the very top position in the rich, highly competitive United Kingdom betting market. When it comes to the company’s operations outside its home country, William Hill operates worldwide with more than 14,000 people working across its board.

In June of 2002, the company expanded its operations to Nevada which at the time was the only US state allowing sports wagering. During the process of its expansion in the state of Nevada, William Hill purchased three sportsbook chains, Club Cal Neva, Leroy’s and Lucky’s for around $53 million. After the Supreme Court’s ruling from June 2018 which allowed New Jersey to legalize some sports betting activities, William Hill entered this market as well and started offering services to Ocean Resort Casino and Monmouth Park Racetrack both located in New Jersey.

The Deal Kicking Off Just in Time

When it comes to the company’s latest partnership deal, William Hill is allowed to use the official National Basketball Association’s betting data while at the same time, the NBA will work on promoting its partner across its several different holdings including its social media, NBA.com and NBA.app platforms. All in all, the business deal comes at the right time as the NBA regular season kicks off on the 22nd of October.

Commenting on the news, the NBA’s Head of Fantasy and Gaming, as well as its Senior Vice President Scott Kaufman-Ross, said in its official press release that William Hill as a global, internationally-recognized brand makes a perfect partner for the NBA. He also added that William Hill which has entered the US betting market several years ago will provide a true, world-class experience to all fans of the NBA.

On their part, the William Hill officials said that the company is extremely proud of this latest creative partnership which will benefit both parties. The partnership deal with William Hill is the NBA’s fourth alignment of this kind as the association has already inked deals with MGM Resorts, FanDuel, and the Stars Group.

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William Hill Plans to Close 700 Betting Shops and 10,000 Jobs Are at Risk https://gamblersnews.com/william-hill-plans-to-close-700-betting-shops-and-10000-jobs-are-at-risk/623/ https://gamblersnews.com/william-hill-plans-to-close-700-betting-shops-and-10000-jobs-are-at-risk/623/#respond Fri, 19 Jul 2019 17:47:02 +0000 https://gamblersnews.com/?p=623 As reported recently, one of the biggest United Kingdom-based sportsbetting and gambling operators William Hill is about to shut down around 700 betting shops. This will naturally result in an enormous amount of jobs at risk. The company’s officials in their official press release stated that the main reason for these actions can be found […]

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As reported recently, one of the biggest United Kingdom-based sportsbetting and gambling operators William Hill is about to shut down around 700 betting shops. This will naturally result in an enormous amount of jobs at risk. The company’s officials in their official press release stated that the main reason for these actions can be found in the nation’s most recent, stricter rules related to fixed-odds gambling terminals or for short FOBTs.

In their official press release, the company’s team also said that if William Hill closes 700 betting shops, almost 10,000 jobs will be at risk. While 10,000 jobs are at risk it is more likely that around 4,500 people working at these shops will lose their jobs. In the case of happening this, the company has promised to utilize some kind of voluntary redundancies in order to help their released employees find some other, alternative working positions.

Employing Around 16,600 People

William Hill is one of the most prominent names in the world of betting. The company was founded back in 1934 by William Hill. Currently, it is based in London, England. William Hill emerged on the scene when gambling activities were illegal in the United Kingdom. Throughout its existence in the industry, the company has changes hands multiple times as it was acquired by several different companies at different times.

First of all, William Hill was acquired by Sears Holdings back in 1971 which did not last for long as in 1988, Grand Metropolitan decided to purchase the company. This was also short-lived as in 1998, the company was bought by Brent Walker and then in 1997, Nomura which is a Japanese investment bank mounted around £700m million leveraged buyout of the company. Five years later, the company was finally listed on the London Stock Exchange and its stocks are still there.

William Hill as one of the biggest companies of this kind in the industry operates worldwide. Currently, the company employs around 16,600 people who work in its main offices located in the United Kingdom, Gibraltar, and Ireland. The company also has a number of telebetting centers as well as a number of betting shops which process over one million betting slips every single day.

Regulatory Changes Slashing the FOBT Maximum Stake Per Spin

The latest news on the company’s betting shops details that William Hill is about to close around 700 betting shops due to the latest regulatory chances which hit the industry. These change actually came into force back in April of this year which slashed the FOBT maximum stake from $125 or £100 per one spin to only $2.50 or £2. These changes led many other operators such as Betfred and Ladbrokes Coral Group to unveil very similar reduction plans.

In fact, it was reported that the company which operates Ladbrokes Coral Group named GVC Holding may be forced to close around 900 of its betting shops which will result in around 5,000 job losses. Moreover, Betfred has also announced closures of 500 of its facilities which will result in around 2,500 redundancies. If this happens, around 2,100 land-based gambling outlets which represent around a quarter of the UK’s land-based gambling venues will close their doors and around 12,500 people will lose their jobs.

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£6 Billion-Worth Caesars William Hill Deal Collapses Over Price https://gamblersnews.com/6-billion-worth-caesars-william-hill-deal-collapses-over-price/520/ https://gamblersnews.com/6-billion-worth-caesars-william-hill-deal-collapses-over-price/520/#respond Fri, 14 Jun 2019 18:14:10 +0000 https://gamblersnews.com/?p=520 Caesars Entertainment Corp and William Hill have been talking about merging since last fall. This deal between the two powerhouses would mean that the biggest US gambling giant takes over the prominent British gambling operator to create a massive £6 billion-worth gambling giant. This merged gambling powerhouse would have a great position in the United […]

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Caesars Entertainment Corp and William Hill have been talking about merging since last fall. This deal between the two powerhouses would mean that the biggest US gambling giant takes over the prominent British gambling operator to create a massive £6 billion-worth gambling giant. This merged gambling powerhouse would have a great position in the United States, in its recently liberalized gambling market.

Sources close to the companies have stated that the two powerhouses held discussions about their merger deal, but their deal collapsed over price. Everything started when the British bookmaker decided to invest efforts and money into expanding their service in the United States following the US Supreme Court struck down of the federal ban regarding sportsbetting activities. This paved the way for the sportsbetting legislation in several states within the country.

The UK Gambling Operators Facing a Crackdown

When it comes to its domestic market, all United Kingdom operators are facing a crackdown on different regulatory pressures including fixed-odds gambling terminals. Back on the 1st of April, the United Kingdom Government implemented a great reduction of the maximum allowed bets on the land-based gaming machines from £100 to only £2.

Naturally, this measure posed a great revenue and profitability hit to all gambling operators. This naturally leads to gambling facilities closures as well as job losses. When it comes to William Hill, it is one of the biggest UK gambling facilities and owner of the second largest brand of betting shops in the country.

It should be noted that William Hill has been struggling financially especially with ailing its profitability long before the United Kingdom Government implemented a reduction on the maximum allowed bets. Furthermore, the company’s digital operator also has failed to keep up with its competitors which resulted in revenue decrease. Following the company’s issues regarding ailing profitability, William Hill has announced a massive pre-tax loss worth around £722 million for the last year. Naturally, this led to the company’s shares rapidly decreasing in value.

William Hill Engaging in Merger Talks

The latest news of Caesars and William Hill engaging in merger discussions once again sparked speculations that the British powerhouse is the major takeover target especially as the biggest William Hill competitors have already taken their part in the consolidation of the field which resulted in signing multi-billion deals which could potentially offset their losses which the companies will unavoidably suffer from the crackdown. Unlike William Hill, other British gambling operators can mitigate regulatory pressure effects.

Prior to the regulatory pressures, William Hill has engaged in merger talks with other potential suitors. Back in August of 2016, William Hill rejected a massive merged bid from The Rank Group and 888 Holding. Then, just several months later, the company rejected a massive, £5 billion-worth proposal from Amaya now known as The Stars Group. Both of these merger deals failed due to pressures posed by the company’s largest stakeholders who said that William Hill cannot engage in risky deals.

At the beginning of 2019, the company purchased a prominent online gambling brand, Mr Green & co AB or MRG for around £242 million. The deal is the last straw William Hill to try and improve its digital presences. However, sources close to the company said that its CEO Philip Bowcock is still interested in selling the business and who is better than the US powerhouse Caesars. Caesars itself has been making headlines following its biggest stakeholder pressing the company’s officials to either merge with another company or to sell and one of the next logical steps is to merge with the British operator.

Image credits: https://www.yogonet.com/

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William Hill to Get Exclusive Access to Lightning Leopard Slot https://gamblersnews.com/william-hill-to-get-exclusive-access-to-lightning-leopard-slot/329/ https://gamblersnews.com/william-hill-to-get-exclusive-access-to-lightning-leopard-slot/329/#respond Wed, 03 Apr 2019 22:42:27 +0000 https://gamblersnews.com/?p=329 Both William Hill and Lightning Box are successful in what they do, so it’s not a surprise that their partnership is also at a high level. William Hill is one of the leading betting and gaming companies, where you can find sports betting, poker games, online casino, bingo and Vegas games. Lightning Box is a […]

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Both William Hill and Lightning Box are successful in what they do, so it’s not a surprise that their partnership is also at a high level. William Hill is one of the leading betting and gaming companies, where you can find sports betting, poker games, online casino, bingo and Vegas games. Lightning Box is a popular slot games supplier since 2004.

According to their freshest agreement, William Hill will get exclusive omni-channel access to Lightning Leopard video slot. The agreement between William Hill and Lightning Box regarding Lightning Leopard video slot will definitely enhance their partnership. They started collaborating in 2016 and William Hill already has the exclusive right to Silver Lion Deluxe video slot and Panda Power Deluxe video slot.

Lightning Leopard Video Slot

This latest title from Lightning Box features a standard 5 by 4 grid with 40 paylines across, Wild and Scatter symbols, Free Spins, and a potential Jackpot. It was first released earlier this year, in February, at the bookmaker’s shops during B2B gaming event ICE London 2019. Since then, players have also become able to spin the reels of this entertaining game only on William Hill online casino, bringing fun to their homes. They’ve agreed on a special 5-week time frame.

According to reviews of Lightening Leopard video slot, the gameplay is exciting and the animations are quite impressive. The game can provide players with medium to big wins regularly and the occasional mega win. Since a number of experts work in the Lightning Box team, impeccable graphics are expected. The journey to the wilderness where you will meet the snow leopard is definitely the one well worth experiencing.

Press Release

It’s always interesting to hear the announcements from the leading people, like Peter Causley, Lightning Box CEO. He claimed that their relationship with William Hill is amazing, and they’re proud to launch Lightning Leopard video slot exclusively in their shops and online.

The title Lightening Leopard is still fresh, but Causley is more than optimistic when it comes to slot reviews. He believes that Lightning Leopard video slot will be very popular among players and that they will play massively on their desktop or mobile devices.

More about Lightning Box

This leading multi-channel supplier of video slots is based in Sydney, Australia. Lightning Box was established in 2004 and they’ve worked hard since. Some of their popular video slots are Silver Lion, Stellar Jackpots-Chilli Goldx2, Serengeti Lions, Lightning Horseman, Dolphin Gold, Astro Cat, and Frogs ‘n Flies.

They’ve released another title a few days before their Lightning Leopard agreement with William Hill. Their new video slot is called Temple Cash: Frogs ‘n Flies, and it’s just as unique and creative as any other game they’ve released. If you are into jungle exploring and you dream of hitting a jackpot, this 4-row video slot is a perfect choice for you. All you need to do is choose the route that will lead you to the top of the temple. You can play it at White Hat Gaming Limited casinos since it’s on an exclusive 2-week trial.

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William Hill Set to Expand its Nevada Operations https://gamblersnews.com/william-hill-set-to-expand-its-nevada-operations/230/ https://gamblersnews.com/william-hill-set-to-expand-its-nevada-operations/230/#respond Tue, 12 Mar 2019 12:02:47 +0000 https://gamblersnews.com/?p=230 William Hill Expanding its Nevada Operations William Hill, one of the leading betting sites in the United Kingdom, has been rapidly expanding their global operations, including in the regulated part of US market. The biggest news regarding their footprint in the States is that William Hill’s US division and Golden Entertainment will be expanding the […]

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William Hill Expanding its Nevada Operations

William Hill, one of the leading betting sites in the United Kingdom, has been rapidly expanding their global operations, including in the regulated part of US market. The biggest news regarding their footprint in the States is that William Hill’s US division and Golden Entertainment will be expanding the scope of their sports betting relationship. Their partnership was already solid, but new provisions will make it even firmer.

Golden Entertainment is a successful gaming company that owns and operates casinos, taverns and distributed gaming in Southern Montana, Maryland, and, of course, Nevada. They’ve decided to form a long-term deal and they agreed that William Hill will manage race and sports betting operations in Nevada. Based on the previous experience these two have had, there won’t be any obstacles in their mutual efforts to improve and promote sports betting.

Experienced Industry Player

So far, this popular bookmarker had successfully managed betting operations of Las Vegas-based Charlie’s Boulder, the Aquarius Casino Resort, and Charlie’s Decatur both based in Arizona. Another sportsbook will be open soon at The STRAT, and it will also be operated by the hard-working William Hill’s team.

William Hill is also known for their full-service kiosk offers at the Gold Town and Lakeside casinos. They’ve installed gambling kiosks at about 80 Golden Entertainment’s taverns and in third-party-distributed gaming locations all over the state. This impressive sports betting operator will also operate sports gambling of Edgewater and Colorado Belle in Laughlin.

Joe Asher, the CEO for the US branch of William Hill, is proud of this expanding partnership with Golden Entertainment. He’s excited about taking over four new casino resorts locations. Their main goal is to keep sports fans satisfied and that’s what they’re constantly working on.

According to Steve Arcana, Golden Entertainment COO, the excitement is mutual. They’re positively sure that this partnership will be successful, given the fact that William Hill operates worldwide and has amazing results in the gambling business.

Awaiting New Legislation

Taking over four new operations in Nevada is the extension of this amazing partnership. Unlike Nevada, Maryland and Montana still didn’t pass legislation allowing for sports betting, so William Hill will have to wait for them to permit sports betting and then extend further services.

So far, Golden Entertainment has operated Montana’s distributed gaming operations and their task was to provide services to approximately 300 locations. They’ve also gained ownership of Maryland’s Rocky Gap Casino Resort. In this Casino Resort players can enjoy slot games and all sorts of table and lottery games.

Seems like William Hill team doesn’t plan to stop forming partnerships, which is very positive for their USA establishment. They’ve forged a partnership with Prairie Meadows Racetrack & Casino, along with Eldorado Resorts.

Prairie Meadows Racetrack & Casino is located in Iowa and it was constructed in 1992. Their casino space is impressive and they offer over 1,350 slot games, table games, 10-table poker room, bingo, and Keno. Eldorado Resorts are located in Reno, Nevada, but they’ll soon launch in Iowa.

Expanding operations in Nevada is a smart business move on William Hill’s part, and the one that stands to significantly increase the company’s profit and reputation moving forward.

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A local casino in Iowa announces a agreement with William Hill for sports betting https://gamblersnews.com/a-local-casino-in-iowa-announces-a-agreement-with-william-hill-for-sports-betting/97/ https://gamblersnews.com/a-local-casino-in-iowa-announces-a-agreement-with-william-hill-for-sports-betting/97/#respond Sat, 19 Jan 2019 20:30:01 +0000 https://gamblersnews.com/?p=97 Earlier in the week, Prairie Meadows Racetrack & Casino made an announcement regarding its agreement with sports book operator William Hill, which would see Iowans having a local option for betting on sports. However, for this deal to go through, it would require sports betting to become legal under Iowa law, subject to the approval of Iowa […]

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Earlier in the week, Prairie Meadows Racetrack & Casino made an announcement regarding its agreement with sports book operator William Hill, which would see Iowans having a local option for betting on sports.

However, for this deal to go through, it would require sports betting to become legal under Iowa law, subject to the approval of Iowa gaming regulatory authorities.

According to William Hill U.S. CEO Joe Asher, CEO, he said, “We are excited about the prospect of sports betting in Iowa and are thrilled to partner with Prairie Meadows to be ready for the day sports betting gets legalized in the state. We aim to make Prairie Meadows the place to bet and watch the games for which we will be building a first-class sportsbook.”

As per the announcement, once the regulatory and Iowa sports betting legislation approvals are complete, William Hill shall commence with the operation of a more than 8,600-square foot sports book on the casino’s Level 4, which is situated near the property’s racing center.

Sources close to the matter further revealed that a new bar surrounded by state-of-the-art video wall technology for viewing sporting events along with living betting odds are also included in the plans.

Speaking on the announcement, Gary Palmer, the President, and CEO of Prairie Meadows said, “Prairie Meadows is thrilled to partner with William Hill, the best name in sports betting, which will provide our guests with world-class sports betting experience.”

The first time the issue of sports betting was raised was back in the previous year’s legislature however it failed to pass as federal regulations banned any such practice outside Nevada. Given the most recent legal changes and sports betting getting legalized in a few states, Iowa hopes to follow in their footsteps.

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