William Hill CEO Ulrik Bengtsson has stood by today’s publication of the PWC report on black-market threats impacting the UK gambling sector. Commissioned by the Betting and Gaming Council (BGC) with the support of William Hill and Entain Plc – PWC’s industry report will be presented to DCMS as evidence in the department’s ongoing review of the 2005 Gambling Act. …
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PWC report highlights consumer ease and indifference towards black market threats
A report commissioned by the Betting and Gaming Council (BGC), with the support of William Hill and Entain Plc, has provided evidence of black market threats to the UK’s gambling industry. The BGC commissioned ‘Big 4’ auditor PWC to undertake the ‘evidence-backed primary research’ on black market threats to the UK gambling sector. Findings indicate that although the number of …
Read More »William Hill commits to 100% renewable energy with new green policy
British online and retail bookmaker William Hill has moved 100% of its UK electricity supply to renewable energy sources as part of a new green commitment. The arrangement has been in place since 1 October 2020 following a procurement tendering process which saw the operator switch energy suppliers from Grid Electricity to Total Gas and Power. As a result of …
Read More »William Hill foots £30m retail loss for rollercoaster 2020
William Hill Plc has reported a strong Q4 trading period after closing a transformative year for the heritage FTSE betting group. Updating investors, William Hill reported that group net revenues during Q4 increased by 9%, driven by a strong sportsbook comeback and the firm’s enhanced product offering and geographical expansion. Positive Q4 trading has helped William Hill soften 2020 Covid …
Read More »MGM confirms ‘compelling’ proposal for Entain shares
US casino giant MGM Resorts International has confirmed that it has proposed a merger with its US sports betting and igaming partner Entain plc, but has refused to say if a firm offer to acquire the company will follow. It has also been confirmed that the offer consists of 0.6 MGM shares for each Entain share, representing a value of …
Read More »Ross Brierley – Betting needs its funny bone
Placed at the centre stage of political and social reviews, 2021 marks another serious year for the betting industry. Yet speaking from experience, stand-up comedian and MyRacing.com podcaster Ross Brierley tells SBC that betting can be a laughing and unifying matter. SBC: Hi Ross, thanks for this interview… What made you decide to become ‘the world’s only stand-up comedian and …
Read More »MGM Resorts makes moves to acquire Entain Group
US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …
Read More »September to October 2020 in Review: Autumn signals a ‘generational change’
2020’s Autumn months held no respite for betting leadership, as the sector was placed at the forefront of global business headlines reporting on inbound changes be it through regulatory challenges, M&A or leadership changes… SBC – Politics and M&A make global betting the headline maker… The betting industry’s autumn proceedings begun with further political maneuverers centred around the UK government’s …
Read More »Caesars takeover of William Hill set to go ahead after antitrust period cleared
The antitrust period for Caesars Entertainment’s takeover of bookmaker William Hill has been cleared, it was revealed this week. In a statement, the Nevada-based casino operator commented: “Caesars continues to progress through obtaining all necessary regulatory approvals required to close the transaction and is still aiming to complete the proposed combination in March 2021.” The antitrust waiting period is a …
Read More »July to August 2020 in Review: Betting beats the gloom as new horizons emerge
As betting began to emerge from the difficulties of March and April, the future started to look slightly brighter as the industry began to assess its new options for a post-COVID environment. SBC – Betting emerges from the COVID storm … July saw no respite from politics which continued to dominate gambling’s agenda, as the UK government stalled on its …
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