Tag Archives: william hill

William Hill rejects ‘risky’ Rank-888 consortium bid

SBC News William Hill rejects 'risky' Rank-888 consortium bid

The board of William Hill Plc has moved to reject the £3.3 billion takeover bid proposed by the strategic consortium of Rank Group and 888 Holdings. Quick to reject Rank and 888’s offer which was formally issued this afternoon, William Hill governance stated that the proposed deal ‘substantially undervalued’ its corporate enterprise, choosing not to forward the bid to its …

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Rank & 888 submit initial £3.6 billion formal bid for William Hill takeover

SBC News Rank & 888 submit initial £3.6 billion formal bid for William Hill takeover

The strategic Rank Group and 888 Holdings consortium has declared its intent to takeover William Hill proposing a formal offer of £3.6 billion for the FTSE-listed operator. Updating the market Rank and 888 governances have proposed an initial 364p per share offer for William Hill, as deal stakeholders look to create another UK betting industry giant. The Financial Times, reports …

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UK Bookmakers taking no chances on Premier League 2016/17 long-odds

SBC News UK Bookmakers taking no chances on Premier League 2016/17 long-odds

Having been stung by Leicester City’s fairytale Premier League 2015/16 championship win, UK bookmakers appear to have put an end to their long-odds offerings, as they gear up for a new season of English football. Ladbrokes a major victim of The Foxes’ title victory, reported that they had suffered a £3 million hit as football punters cashed-in on starter odds …

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William Hill aims for digital turnaround following ‘extremely challenging’ H1 2016

SBC News William Hill aims for digital turnaround following ‘extremely challenging’ H1 2016

A better than expected Euro 2016, which generated £36 million gross-win has helped William Hill Plc steady its 2016 financial performance, following its worst ever Cheltenham Festival results. Presenting its H1 2016 results (period ending 30 June), William Hill governance stated that the company remains on track to hit its revised full-year guidance of £260-280 million. The FTSE-listed operator would …

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William Hill agrees Tottenham Hotspur European & Australian betting partnership

SBC News William Hill agrees Tottenham Hotspur European & Australian betting partnership

William Hill has announced it will become Tottenham Hotspur’s new Official European and Australian Betting Partner for an initial two-year period. The partnership will see William Hill will have a presence across the Club’s growing digital channels, pitchside advertising boards and will operate the in-stadium betting services on a matchday. As part of its continued commitment to Haringey (Spurs local community) , …

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William Hill boosts development arm with Grand Parade £13.6 million acquisition

SBC News William Hill boosts development arm with Grand Parade £13.6 million acquisition

FTSE-listed betting operator William Hill has informed the market that it has agreed to acquire industry software development firm Grand Parade for a reported £13.6 million combined cash and shares deal. Confirming the deal, William Hill governance detailed that it had acquired Grand Parade with a view of bolstering its digital development capabilities as the company continues its corporate focus …

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William Hill nets 2-year European betting partnership with Everton FC

SBC News William Hill nets 2-year European betting partnership with Everton FC

William Hill has penned a two-year deal with Everton to become the Club’s Official European Betting Partner. Beginning this 2016/17 Premier League season, the new partnership will see the Everton FC link up with William Hill marketing to offer exclusive odds on a comprehensive range of markets on all the club’s EPL matches, FA Cup and Capital 1 Cup games. Furthermore, …

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William Hill governance to present ‘strategic update’ on reversing digital decline

SBC News William Hill governance to present 'strategic update' on reversing digital decline

City analysts and industry commentators are eagerly awaiting William Hill’s half-year 2016 results on Friday 5 August, with company governance expected to present a strategic update focusing on reversing the firm’s declining digital performance. A tough 2016, which saw the operator issue a profit warning in Q1 burdened by higher industry taxes and an 11% net revenue decline in its digital …

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Double Whammy – William Hill signs integrity agreements with the English and Scottish FA’s

SBC News Double Whammy - William Hill signs integrity agreements with the English and Scottish FA's

Both the English FA and the Scottish FA have announced the signing of betting integrity memorandum of understandings (MoU) with William Hill to safeguard the sport. The two separate MoU’s cover all professional football events and associated governing bodies within England and Scotland, and within the jurisdiction of both FA’s. William Hill will exchange information with the two individual governing bodies related to suspected betting …

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