William Hill plc is a bookmaker based in the United Kingdom and is listed on the London Stock Exchange.The company operates worldwide, employing approximately 16,601 people with main offices in the UK, Republic of Ireland and Gibraltar, offering betting by phone and Internet together with their 2300 UK-wide Licensed Betting Offices. They are the largest UK operator, representing around 25 per cent of the market throughout the UK and Ireland.In addition to its online sportsbook operations, the company offers online casino games, ‘skill games’, online bingo and online poker.
Caesars Entertainment says it’s in advanced talks to buy William Hill for GBP2.9 billion ($3.7 billion) to position itself to take full advantage of the expanding U.S. sports betting market.
*By John English Four months after the U.S. Supreme Court repealed a federal law limiting sports betting to just four states, there has been a mad dash by bookmakers and system providers from all over the world to descend on U.S. soil and plant their flag. This change in regulation can truly be likened to […]
UK-bookmaker William Hill says it has been ‘inundated’ with U.S. sports teams looking to do sponsorship deals, Reuters reports. The flood of interest comes after the landmark U.S. Supreme Court ruling in May which opened up the ‘floodgates’ to legal sports wagering across the country. “The leagues and the teams are interested in doing commercial […]
William Hill said it has sold its William Hill Australia unit to CrownBet Holdings and a group of shareholders associated with the founder and CEO Matthew Tripp, for an enterprise value of A$300 million ($233 million), equivalent to an equity value of A$313.7 million. U.K.-listed William Hill said in a statement to the London Stock […]
UK bookmaker William Hill recorded a pre-tax loss in 2017 after slashing the value of its Australian business, local media reports. On Friday, the company said it made a GBP74.6 million (US$104.2 million) pre-tax loss in the year, caused by a $238 million impairment charge, reflecting the fact that it believes its Australian business is […]
British bookmaker William Hill is considering the sale of its Australia business, citing rising costs and mounting regulatory pressures, local media reports. The bookmaker said it had launched a strategic review of the business, which it admitted could include a sale of the business. “Given the credit betting ban in Australia and the likely introduction […]
William Hill has boosted its online instant win offering through a tie up with IWG, a supplier of online instant-win games. Following the integration of IWG’s Progressive Play RGS via OpenBet, Hill now offers a much improved instant win portfolio with over 100 games to choose from. IWG’s content is already live with 888, Foxy […]
Australian casino operator Crown Resorts is in discussions over its 62 percent stake in CrownBet, its online betting unit. The Australian, a local newspaper, had earlier reported that CrownBet and rival William Hill are holding in depth talks on a potential deal. It is also understood that PaddyPower Betfair has also held talks about a […]
Betting on Football 2017 (3-5 May) will deliver a comprehensive update on trading and operating within the fast-moving sports betting industry. Trading & Operations is one of four tracks across the three-day conference at Stamford Bridge, which also includes separate tracks for Leadership, Market Profiles and Marketing & Media. Starting with a look at the […]
Amaya has announced it has decided to end talks regarding a potential merger with William Hill. “…Upon the unanimous recommendation of the Special Committee, the Board concluded that at this time remaining as an independent publicly-traded corporation best positions Amaya to deliver long-term shareholder value,” said the company in a press statement on Tuesday. Last […]
Australia-listed Tabcorp and Tatts Group said on Tuesday that they are in talks to create a A$9.34 billion ($7.1 billion) betting giant, Reuters reports. According to an investment banker involved in the talks, a transaction could be announced within the next two days. Tabcorp announced a “Trading Halt Session” on Tuesday in a filing to […]
Online gambling company Amaya and bookmaker William Hill have confirmed they are in talks for a potential all-share merger of equals. In a joint statement released by Amaya and William Hill, the companies said the merger “would be consistent with the strategic objectives of both William Hill and Amaya and would create a clear international […]
William Hill Casino Club, an online casino project of the UK’s largest bookmaker William Hill, has stopped servicing its Russian clients and announced it is leaving the Russian market, local media has reported. “The environment for carrying out gambling activities in Russia has become more complex, despite the fact that the company has official licenses. […]
Corporate bookmaker William Hill Australia has launched a new in-play race betting feature, called Double Down, local media reports. The tool, which is timed for the upcoming Spring Carnival, allows punters to double the value of their wager, at a cost of 10 percent of their original stake with a touch of a button after […]
British bookmaker William Hill has denied it is considering the sale of its Australian assets after plummeting profits sparked speculation about the future of the Tom Waterhouse-led bookmaking operation. According to a report from The Australian, the recent firing of the group’s British chief executive, James Henderson, sparked speculation that the Australian business could be […]
Punters will soon be able to “top up” their online betting accounts at convenience stores and services stations, following a deal between retailers and Emerchants, local media reports. The top-up service will be available at “independently owned petrol stations, convenience stores and newsagents,” with online gambling companies William Hill and Bet365 already signed up for […]
Northern Territory licensed bookmakers will soon be required to cease offering in-play betting through “click-to-call” systems in an attempt to “head off future action by the federal government,” local media reports. The ban will affect foreign-owned bookmakers who have been offering online in-play betting including William Hill, Sportsbet, Bet365 and Unibet. According to The Australian, […]
Australian wagering giant Tabcorp has appointed Jamie Hart as executive director of Sun Bets, a News UK joint venture focusing on the UK and Irish market, local media reports. Tabcorp said Mr. Hart, who recently quit William Hill as its head of innovation in March will now report to Tabcorp’s head of wagering, Craig Nugent. […]
UBS has reiterated a ‘sell’ rating on sports betting group William Hill on Wednesday, as the group loses market share in Australia amidst fierce competition, local media reports. According to the brokerage, Ladbrokes has grown significantly faster than William Hill over the last three quarters, with Ladbrokes wagering growth averaging more than 50 percent, compared […]
Online betting on live sports will be banned until the next federal election, local media reports. The in-play betting ban means that bookmakers offering the “click to call” and other live betting systems, including William Hill, Ladbrokes and Bet365, will be shut down. According to The Australian, the government has not yet decided whether it […]
Sports bettors may have a way to ‘top up’ their gambling accounts at local Australian convenience stores and supermarkets following talks between retailers and prepaid card company, Emerchants, according to Sydney Morning Herald. Up to 4,500 stores across the country could be fitted with an “EachWay” top-up system, a cash load system that predominately caters […]
Gambling advertising will be seen a three major arenas at the Melbourne Park for this week’s Australian Open. The new promotional signage has angered those who have been campaigning against the rise of gambling and sports betting in Australia, according to local media. The advertising will only be shown on screens during breaks in play, […]
Tabcorp has called for a civil-penalty regime for breaches of gambling law, with companies, directors and executives subject to fines, according to a submission to a government review on online gaming seen by The Australian. The ASX-listed company has said that the Australian Federal Police’s recent failure to investigate three British firms offering in-play betting […]
William Hill Vegas has signed a deal with Matchroom Boxing to sponsor the highly anticipated match between Anthony Joshua and Dillian Whyte on December 12 at London’s O2 arena. Tickets for the British and Commonwealth title showdown between Anthony Joshua and Dillian Whyte sold out within hours of going on sale in September. The heavyweights […]
William Hill announced that it will extend its title sponsorship of the Scottish Cup for a further four years. The sponsorship extension sees the bookmaker surpass the eight-year mark as sponsor of the football tournament, which sees all levels of professional Scottish football participate. Agreeing terms with the Scottish FA, William Hill further announced that […]
British betting giant William Hill has won a significant battle with regulators after the Australian Federal Police rejected investigating its controversial practice of taking bets during the live play of sports, the Sydney Morning Herald reports. The Australian Communications and Media Authority referred William Hill to the Australian Federal Police in August over a betting […]
William Hill Australia has announced that it has become the first ever betting partner of the Australian Open Tennis Championships. The operator agreed its partnership with Tennis Australia and will work with event broadcaster Channel 7, via an exclusive media rights package with television and digital coverage. The agreement includes sponsorship of the Emirates Australian […]
William Hill has warned stakeholders and investors that its annual profits will be forecast below market expectations for 15Q3. The bookmaker detailed a rough 15Q3 trading performance, reporting a 39 percent dive in group operating profits. Suffering the same fate as competitor Ladbrokes, William Hill maintained that sports wagering had been positive during the […]
William Hill has announced the full roll-out of its Priority Access Card, providing William Hill account holders with unrestricted and immediate access to their winnings. The pre-paid MasterCard, a William Hill innovation and a first for the industry, removes the mandatory three to five-day wait that customers currently experience when trying to withdraw money from […]
William Hill CEO James Henderson has described the past six months as a period of ‘significant regulatory and taxation change for the industry’ as the bookmaker reported a 30 percent drop in profits after tax to £69.5 million ($107.4m). Despite group net revenue marginally growing, even against 2014 World Cup comparatives, operating profit dropped 12 […]
U.K. bookmaker Ladbrokes had taken down its Quickcall feature in Australia following a crackdown by federal agencies, local media reported. The service allows in-play bets to be placed through a mobile device with the click of a mouse as long as the phone’s microphone is activated. As such, the service appears to circumvent Australian legislation […]
The Australian Federal Police has been asked to investigate William Hill and Ladbrokes over allegations of breaches of local gambling laws, first revealed in The Australian. The two companies would face multi-million-dollar fines if the AFP finds out they have breached the ban on live betting. As revealed by The Australian last month, the two […]
The global market for online gambling is forecast to maintain one-digit growth rates over the next four years and expected to reach a medium to high double-digit number in billions of Euros revenue. According to German market research firm yStats.com, the growth will be driven by use of mobile devices to gamble along with the […]
UK bookmaker William Hill suffered a 19 percent decline in operating profit in the first quarter due to a new point of consumption tax in the UK, with the company’s Australian arm hardest hit. Operating profit for the first quarter of the year was down £16 million ($24 million), compared to the same period last […]
Upcoming elections in South Australia and Tasmania are providing another opportunity for anti-gambling crusaders to target the industry, prompting concern a hostile operating environment will restrict growth.
Australia’s betting culture, which changed with the entry of foreign bookmakers, is gradually returning as punters fight back against practices such as cutting big bets and closing winning accounts. But lobby groups say more needs to be done. While the two biggest states have led the way with legislative changes, members of online forum Fair Wagering Australia are still leading the charge to enact change across all of Australia.
Australia’s recent review of online gambling was a missed opportunity to take the regulatory lead in the Asia Pacific region and may even contribute to growth in illegal offshore betting if its recommendations are implemented, industry experts say. Hopes had been high that the review would lead to an overhaul of outdated laws, providing new opportunities for the industry, but that was not the case.
Many of Europe’s biggest online operators have rolled out Asian-themed content into their domestic markets in recent months, as the Asian diaspora becomes an increasingly valuable demographic in regulated jurisdictions. However, their efforts may also enable them to steal a march on rivals should Asia regulate its online markets.
A federal review of how Australia regulates online gambling could have major implications for a number of operators - both European and Australian - when it reports back later this month. It will serve to define exactly how to expand Australia’s limited regulatory framework. Among the issues under the spotlight are the prohibition of in-play betting online, advertising regulations and how unlicensed offshore operators are dealt with.
eSports, once the preserve of eager young video gamers, is crossing into the mainstream to become one of the fastest-growing sectors of the online gambling market.Boutique research house, Eilers Research, recently estimated the size of the global eSports gambling market at more than a quarter of a billion dollars this year. It expects that figure to balloon to more than $23 billion by 2020. And much of that growth is likely to be in Asia, which already leads the market in terms of players.
Following months of controversy over “in-play” bets and growing offshore wagering, the Australian government has said it will launch a review of the country’s online gambling act. Industry experts are calling on the government to avoid short-term fixes and over regulation and instead to focus on the rapidly evolving nature of the sector and the technology that drives it.