Tag Archives: Eldorado

William Hill plans for future with new share placing

William Hill is raising a war chest to fund its long-term growth ambitions, mainly in the US sports betting market. Alongside a positive trading statement on Tuesday 16 June, the FTSE250 betting group said it intends to issue a new ordinary share placement for 19.99% of its existing share capital. CEO Ulrik Bengtsson was upbeat about the company’s performance over …

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Bengtsson posts solid start as William Hill’s new leader

The governance of FTSE bookmaker William Hill Plc has expressed confidence in the firm’s performance and future prospects, as group trading maintains full-year expectations. Publishing William Hill ‘unaudited’ results for the 17-week period up to 29 October 2019, it confirmed that group net revenues were 1% up on 2018 comparatives. Absorbing the assets of Mr Green, William Hill online net …

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The Stars Group unites with Eldorado to enhance market access

As part of a 20-year definitive agreement with Eldorado Resorts, The Stars Group (TSG) will gain access to Eldorado Resorts’ online sports betting skins in the states where Eldorado owns or operates casino properties. The deal is structured so that TSG gets first skin rights for Eldorado’s multiple casino property states, and ‘second skin’ for all others. Additionally, TSG will have an option to access …

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William Hill looks for its promise land striking Eldorado Joint-venture

FTSE250 bookmaker William Hill is set to significantly expand its US market propositions, entering a strategic joint-venture with Nasdaq casino and leisure group Eldorado Resorts.   Sky News has reported that William Hill governance is set to disclose its deal with Reno-based Eldorado, which at present operates twenty casino properties across ten US states. The pending agreement will see Eldorado …

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