{"id":69,"date":"2024-06-13T01:20:40","date_gmt":"2024-06-12T22:20:40","guid":{"rendered":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/"},"modified":"2024-06-17T13:22:44","modified_gmt":"2024-06-17T10:22:44","slug":"888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal","status":"publish","type":"post","link":"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/","title":{"rendered":"888 Holdings Acquires William Hill&#8217;s International Operations in a $3 Billion Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/NRR3B4Wf1iA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## 888 Holdings Secures William Hill&#8217;s International Operations in a $3 Billion Transaction<\/p>\n<p>In a major development, 888 Holdings has reached an agreement with Caesars Entertainment to purchase William Hill&#8217;s business segments outside of the United States for \u00a32.2 billion (roughly $3.03 billion).<\/p>\n<p>This strategic takeover seeks to unite two titans of the online wagering and gaming sector, establishing a global force. 888 views this amalgamation as a transformative prospect, substantially broadening their footprint, diversifying their product range, and expediting revenue expansion.<\/p>\n<p>The unified entity is forecasted to unlock substantial cost efficiencies, projected at a minimum of \u00a3100 million yearly before taxes. 888 anticipates that the consolidated group would have yielded $2.5 billion in revenue and $464 million in adjusted EBITDA during 2020.<\/p>\n<p>Itai Pazner, Chief Executive Officer of 888, conveyed his excitement, remarking, &#8220;The acquisition of William Hill International represents a transformative and exhilarating juncture in 888&#8217;s journey. This agreement will forge a global online betting and gaming frontrunner with amplified scale, premier brands, and a resilient foundation for future expansion.&#8221;<\/p>\n<p>He further underscored the strategic harmony of both entities, highlighting their mutual emphasis on digital dominance, customer-centricity, and dedication to responsible gaming. &#8220;William Hill stands as an iconic sports brand, rendering it an ideal counterpart to 888, one of the world&#8217;s preeminent online gaming brands. We share a customer-driven, digital-first approach to growth, and we are devoted to player protection and elevating the standards of safer gambling throughout the industry.&#8221; <\/p>\n<p>\u201cThe leadership group at William Hill left a positive mark, and I am enthusiastic about collaborating with them and the broader William Hill staff to capitalize on our collective assets \u2013 cutting-edge technology, robust brands, and considerably augmented reach \u2013 to forge an unparalleled proposition for our clientele.\u201d<\/p>\n<p>The transaction, contingent upon stakeholder and regulatory consent, is projected to finalize in the initial quarter of 2022. Deutsche Bank and Linklaters are acting as counsel to Caesars.<\/p>\n<p>Lord Jon Mendelsohn, 888 Chairman, remarked: \u201cThis presents a transformative prospect to merge our world-renowned gaming brand with a distinctive and legendary sports wagering brand to establish a global online sports wagering and gaming frontrunner.<\/p>\n<p>\u201cWe are confident that this union will generate substantial value for our investors, forming a unified entity possessing leading technology, offerings, and brands spanning sports wagering, gaming, and poker, bolstered by top-tier management teams from both enterprises.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## 888 Holdings Secures William Hill&#8217;s International Operations in a $3 Billion Transaction In a major development, 888 Holdings has reached an agreement with Caesars Entertainment to purchase William Hill&#8217;s business segments outside of the United States for \u00a32.2 billion (roughly $3.03 billion). This strategic takeover seeks to unite two titans of the online wagering [&hellip;]<\/p>\n","protected":false},"author":95,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Acquires William Hill<\/title>\n<meta name=\"description\" content=\"Two gaming titans collide! 888 Holdings is set to purchase William Hill\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Acquires William Hill&#039;s International Operations in a $3 Billion Deal\" \/>\n<meta property=\"og:description\" content=\"Two gaming titans collide! 888 Holdings is set to purchase William Hill\" \/>\n<meta property=\"og:url\" content=\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Rush of Licensed Online Casino Gaming Today\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T22:20:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:22:44+00:00\" \/>\n<meta name=\"author\" content=\"Nolan &quot;Nova&quot; Dillon\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nolan &quot;Nova&quot; Dillon\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/\",\"url\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/\",\"name\":\"888 Holdings Acquires William Hill\",\"isPartOf\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-12T22:20:40+00:00\",\"dateModified\":\"2024-06-17T10:22:44+00:00\",\"author\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#\/schema\/person\/25493519629732baf767ec8d2490d5da\"},\"description\":\"Two gaming titans collide! 888 Holdings is set to purchase William Hill\",\"breadcrumb\":{\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/2024\/06\/13\/888-holdings-acquires-william-hills-international-operations-in-a-3-billion-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/elroyalecasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 Holdings Acquires William Hill&#8217;s International Operations in a $3 Billion Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/elroyalecasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/elroyalecasinonodepositbonus.icu\/\",\"name\":\"Experience the Rush of Licensed Online Casino Gaming Today\",\"description\":\"Experience the best of online gambling through our fresh casino news, in-depth game reviews, and informative insights. 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