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"Caesars believes that the sports betting and online gaming sector represents one of the largest areas of growth in the US gaming industry," the company said in the statement, citing analyst estimates valuing the market at up to $35 billion. News of a potential takeover comes as William Hill has been faced with the economic fallout from coronavirus and stricter gambling regulations in the U.K., including stake limits on betting machines. ATLANTIC CITY, N.J. (AP) — Caesars Entertainment said Wednesday it is buying the British bookmaker William Hill for $3.7 billion in a deal aimed at binding its casinos ever closer to the fast-growing legal sports betting industry in the U.S. “I am delighted that, as we said we would when we announced the offer for William Hill PLC, we have found an owner for the William Hill business outside the US which shares the same objectives, approaches and longer-term ambitions of that business,” Reeg said in a statement. Recommended Site.
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The Cards have the division on lock and are listed at -2000 to win it. Boxing in 2024 promises to deliver a sequence of key fights. Since launching in 2001, BetOnline has become a hugely popular hub for betting on sports and playing casino games. Payment restrictions apply.
About author: | ||
First Name, Last Name: | Kerry Wilcox | |
Postal address: | 1770 Heron Way, Portland, 97204, United States | |
Tropical zodiac: | Sagittarius | |
Company: | Herman's World of Sporting Goods | |
Occupation: | Statistician |