888 Holdings acquires William Hill International
2 minutos de lectura
(London).- 888, one of the world's leading online gambling and betting companies, announces that it has reached an agreement with Caesars Entertainment, Inc. to acquire the international business (excluding the United States) of William Hill for an enterprise value of 2.2 billion pounds sterling.
The acquisition will create a global leader in online gambling and gaming by bringing together two highly complementary businesses and combining two of the industry's leading brands. The acquisition represents a transformational opportunity for 888 to significantly increase its volume, further diversify its product mix, and accelerate the upward shift in growing its revenue portfolio. The combination of 888 and William Hill International is expected to generate significant operating efficiencies including pre-tax cost synergies of at least £ 100 million per year leading to improved profit margins. On a pro forma normalized basis, the annual revenue of the expanded group adjusting its EBITDA in 2020 would have been $ 2,500 million and $ 464 million, respectively.
The newly built group will be strongly growth oriented with clear scale benefits and strong geographic and product diversification. With a focus on regulated markets, you will be able to offer clients world-class products backed by leading brands in betting and gaming, driving sustained growth and the creation of shareholder value in the medium and long term.
Categoría:Gaming
Tags: Sin tags
País: United Kingdom
Event
iGaming Club Conference Cancun
24 de November 2025
Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion
(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.
Thursday 04 Dec 2025 / 12:00
iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition
(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.
Thursday 27 Nov 2025 / 12:00
iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day
(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.
Wednesday 26 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.