888 Holdings Expands Its Offerings With William Hill Purchase

888 - William Hill

Caesars Entertainment sold its William Hill assets to 888 Holdings. 888 Holdings will now offer retail gambling options in the UK with its online platforms. LAS VEGAS – 888 Holdings just grew bigger as a company thanks to an agreement with Caesars Entertainment for the purchase of the assets of  UK-based William Hill. Caesars Entertainment … Read more

Sportradar, Data Analysis Firm For Sports Betting, Announces IPO

Sportradar

Sportradar is going public via an Initial Public Offering (IPO). The company estimates they will bring in more than $500 million with the IPO, and $100+ million via private placement. Shares will cost interested buyers anywhere from $25 and $28 apiece. NEW YORK – Sportradar, a major data analysis firm for bookmakers, media companies, and … Read more

Elys Game Tech. Partners With Grand Central In DC

Elys Game Tech

Washington D.C. will soon have a new sportsbook option coming to them. The current sports betting scene is split between William Hill and GambetDC. This sportsbook will be attached to a bar – a sports betting bar. WASHINGTON D.C. – Elys Game Technology Corp. has partnered with Grand Central LLC to open a new sportsbook … Read more

Why Is GambetDC, DC’s Mobile Sportsbook Struggling So Much?

GambetDC

GambetDC was launched to the excitement of sports bettors in 2020 but has underperformed ever since. The online sportsbook in Washington, D.C. had a handle of just over $2 million in July. GambetDC is notorious for having lower payouts than other sportsbooks across the nation. WASHINGTON- Washington, D.C. introduced a sports betting app, GambetDC in … Read more

Washington D.C. Sees 29.6% Decrease In Sports Betting Handle

Washington DC Sportsbook

Washington D.C.’s sports betting handle declined 29.6% from March to April. D.C.’s market is uniquely dominated by retail sports betting. This discrepancy could be due to the way in which Gambet D.C. sets their odds. LAS VEGAS – While Washington D.C.’s sports betting handle declining from March to April was expected, the degree of decline … Read more

Caesars Finalizes Deal To Acquire William Hill At $3.7 Billion

Caesars Entertainment buys William Hill

Caesars Entertainment has officially bought William Hill for $3.7 Billion. Caesars previously owned 20% of William Hill before buying them completely. LAS VEGAS—After a year of owning just 20% of William Hill, Caesars Entertainment has finally closed on a deal to acquire 100% of the sports betting company. The two online gambling companies own two … Read more

Barstool Sportsbook Launches In Illinois, Eyes Further Expansion In US

Barstool Sportsbook Launches In Illinois

Penn National Gaming/Barstool has joined the mobile sports betting market in Illinois through Barstool Sportsbook. Illinois now has six state-licensed sportsbooks including BetRivers, PointsBet, FanDuel, William Hill, and DraftKings. Barstool Sportsbook has already launched mobile sports betting apps in Michigan and Pennsylvania making Illinois the third state Barstool is active in. CHICAGO – The burgeoning … Read more

NetEnt Enters Michigan iGaming Market Through Several Operators

NetEnt Enters Michigan iGaming Market

Michigan online casino gamblers now have access to NetEnt titles through eight separate gambling applications. Blackjack, Divine Fortune, and Starburst among other games have all gone live on mobile casino gaming platforms in the Wolverine State as of January 22. Michigan has become the fourth state in the U.S. to use NetEnt as a supplier … Read more

William Hill To Enter Latin American Market Via AlfaBET Purchase

William Hill

William Hill has acquired a majority stake in AlfaBET S.A.S. The Caesars Entertainment subsidiary is looking to use this to enter the Latin American sports betting and gambling market. Colombia becomes the ninth regulated market where William Hill currently operates. LONDON, U.K. – William Hill has officially expanded its online gambling and sports betting operation … Read more

Provisional Licenses Granted To 15 Online Sportsbooks In MI

Online sports betting in Michigan

The Michigan Gaming Control Board (MGCB) has awarded 15 provisional licenses to almost every major online sportsbook in the U.S. Online sports betting in Michigan is slated to launch in 2021. Retail sports betting in Michigan has already launched. LANSING, Mich. – Online sports betting and iGaming in Michigan looks to start off with a … Read more