![]() The UK betting shops saw a 30% revenue decline last year amid the various lockdowns, partly offset by 5% online revenue growth in the UK and 12% from overseas business, while US net revenue increased 32%. ![]() Higher sportsbook staking and helpful sporting results were key to sportsbook net revenue growth of 20%, it said, with group net revenue in the fourth quarter up 9% year-on-year after 9% fall in the third quarter. In January, William Hill confirmed that it returned to revenue growth in the final quarter of 2020 thanks to strong performances from its sport-betting business in the UK and US. ![]() A further announcement will be made as and when appropriate," it said. "There can be no certainty that these advanced discussions will result in a transaction. ![]() After William Hill was acquired, the company quickly addressed the identified issues with the implementation of a rigorous action plan, 888 said. Noting that there had been press speculation, Gibraltar-based 888 confirmed late Tuesday morning that it is in "advanced discussions" with Caesars regarding a possible acquisition of William Hill's international business. In response, 888 noted that the charges related to a period when it did not own the William Hill Group, having acquired William Hill’s non-US assets from Caesars in July last year. 888 Holdings ( LSE:888) PLC is in talks to rake up the non-US parts of William Hill from casino giant Caesars Entertainment Inc, the FTSE 250 company has confirmed.Ĭaesars completed the £2.9bn acquisition of the UK bookmaker in April this year, having had a 272p per share offer recommended last September. ![]()
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