🔥 Caesars to buy William Hill for £ billion in sports-betting drive | ロイター

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U.S. casino operator Caesars Entertainment agreed on Wednesday to buy British​-based gambling group William Hill for billion pounds to expand in the fast-​growing U.S. sports-betting market


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company to go through. The U. operations, including more than 1, UK betting shops, and said it would integrate the U. sports-betting market. business into Caesars with few, if any, job losses. In Britain, William Hill has closed more than betting shops after new regulations limited the maximum stake on lucrative gaming machines. Stifel analyst Bridie Barrett, meanwhile, said she viewed a tie-up between Caesars and as increasingly likely in the medium term, but added the U. Jefferies analysts said the prospect of a bid battle with Apollo had faded due to the threat of Caesars terminating the joint venture if its deal failed.{/INSERTKEYS}{/PARAGRAPH} William Hill shares were last down 0. {PARAGRAPH}{INSERTKEYS}Tanishaa Nadkar 3 分で読む Reuters - U. firm may not have the appetite for a deal for now. Shares in William Hill, which already offers sports betting in Caesars casinos in the United States, hit a two-year high of pence on Friday after the British company said it had received separate takeover offers from Caesars and Apollo. casino operator Caesars Entertainment agreed on Wednesday to buy British-based gambling group William Hill for 2. 関連記事 With the board backing the deal with Caesars, market pricing now indicates investors expect the pence per share takeover by the U. Online gaming firm said it would be interested. Its UK rivals include GVC, which owns the Ladbrokes brand, as well as Flutter Entertainment. Long the preserve of informal bookmakers, sports betting in the United States is growing rapidly after a landmark ruling in and gambling companies are reaching out for European expertise to back expansion. It could sell the UK assets to private equity group Apollo, sources told Reuters this week, and if that failed, launch an auction process.