{"id":68,"date":"2024-06-13T01:06:23","date_gmt":"2024-06-12T22:06:23","guid":{"rendered":"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/"},"modified":"2024-06-17T13:21:39","modified_gmt":"2024-06-17T10:21:39","slug":"888-holdings-wins-bidding-war-for-william-hills-european-operations","status":"publish","type":"post","link":"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/","title":{"rendered":"888 Holdings Wins Bidding War for William Hill&#8217;s European Operations"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-ZFrk7QNJ48\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The New York Times has reported that the internet gambling firm 888 Holdings has emerged victorious in the contest to acquire William Hill&#8217;s continental business.<\/p>\n<p>888&#8217;s triumphant offer exceeded \u00a32 billion (equivalent to $2.76 billion), surpassing competing bidder Apollo Global Management. This development follows Caesars Entertainment&#8217;s acquisition of William Hill for a substantial \u00a32.9 billion, marking one of the largest transactions in the gambling industry&#8217;s history.  However, Caesars promptly listed William Hill&#8217;s European holdings for sale.  Initially projected to fetch around \u00a31.5 billion, the asking price surged as numerous international sports wagering and casino gaming entities expressed interest. Earlier this year, German betting conglomerate Tipico was also rumored to be a contender, alongside Apollo Global Management and Betfred as other prominent players.  The pool of potential buyers eventually shrank to Apollo, 888, and CVC Capital Partners (in collaboration with Tipico) after Advent International withdrew. Apollo was widely regarded as the frontrunner, and CVC possessed the advantage of prior ownership of William Hill, but ultimately, their combined bid was unsuccessful, leaving only Apollo and 888 in contention. <\/p>\n<p>To date, there has been no official statement from either 888 or William Hill regarding the speculation. Nevertheless, during the previous week&#8217;s financial results conference, 888&#8217;s Chief Executive, Itai Pazner, suggested their preparedness for growth, stating, &#8220;Our market standing is robust, and our product offerings are well-situated for enhanced market share. Furthermore, our financial position is very sound, and we are poised to capitalize on existing market prospects, progressing the organic expansion approach that has yielded positive outcomes in recent times.&#8221;<\/p>\n<p>Although the destiny of William Hill&#8217;s physical betting locations remains uncertain, 888 has formerly implied that they could potentially retain the retail infrastructure. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New York Times has reported that the internet gambling firm 888 Holdings has emerged victorious in the contest to acquire William Hill&#8217;s continental business. 888&#8217;s triumphant offer exceeded \u00a32 billion (equivalent to $2.76 billion), surpassing competing bidder Apollo Global Management. This development follows Caesars Entertainment&#8217;s acquisition of William Hill for a substantial \u00a32.9 billion, [&hellip;]<\/p>\n","protected":false},"author":82,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Wins Bidding War for William Hill<\/title>\n<meta name=\"description\" content=\"The ink is dry! 888 Holdings has snagged William Hill\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Wins Bidding War for William Hill&#039;s European Operations\" \/>\n<meta property=\"og:description\" content=\"The ink is dry! 888 Holdings has snagged William Hill\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Lovers Find Their Lucky Break | Licensed Games\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T22:06:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:21:39+00:00\" \/>\n<meta name=\"author\" content=\"Peyton &quot;Pepper&quot; Bowman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Peyton &quot;Pepper&quot; Bowman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/\",\"url\":\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/\",\"name\":\"888 Holdings Wins Bidding War for William Hill\",\"isPartOf\":{\"@id\":\"https:\/\/jumbabetnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-12T22:06:23+00:00\",\"dateModified\":\"2024-06-17T10:21:39+00:00\",\"author\":{\"@id\":\"https:\/\/jumbabetnodepositbonus.icu\/#\/schema\/person\/baa0b979e2ed8a8d558790275a7d1342\"},\"description\":\"The ink is dry! 888 Holdings has snagged William Hill\",\"breadcrumb\":{\"@id\":\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/13\/888-holdings-wins-bidding-war-for-william-hills-european-operations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/jumbabetnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 Holdings Wins Bidding War for William Hill&#8217;s European Operations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/jumbabetnodepositbonus.icu\/#website\",\"url\":\"https:\/\/jumbabetnodepositbonus.icu\/\",\"name\":\"Where Casino Lovers Find Their Lucky Break | Licensed Games\",\"description\":\"Unlock the secrets of casino success with our regularly updated news, comprehensive reviews, and expert articles. 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