Page 2 - Caesars Group News Today

William Hills trading statement for the unaudited 52 weeks ended December 29 shows that the companys total net revenue for the fourth quarter grew nine per ce

Gambling firm William Hill has revealed its betting shop business is set to slump to an annual loss of around £30 million while group sales fell 16%, after a “year like no other”.

Bookmaker William Hill has revealed annual sales declined by 16 per cent after an extraordinary year that saw its shops closed for extensive periods. This came despite revenues soaring in the United States, where the company made new broadcasting deals with two major media networks and took over the sports betting operations of Caesars Entertainment, who are buying them for £2.9billion. Not even the closure of casinos and the rescheduling of sports leagues like the National Basketball Associat...

Charles Armiststead   Slaughter and May are retained as legal adviser and Weil, Gotshal & Manges LLP are retained as US anti-trust legal adviser to William Hill. Linklaters LLP are retained as legal adviser, Latham & Watkins LLP are retained as financing legal adviser, Skadden Arps, Slate, Meagher & Flom LLP are retained as US anti-trust legal adviser and Phelps Dunbar LLP and Harris Hagan are retained as US and UK (respectively) regulatory legal advisers to Caesars and Caesars UK Bidco. Imp...

Caesars UK Holdings acquisition of William Hill PLC update The boards of William Hill plc (LON:WMH), Caesars UK Bidco and Caesars announced on the 30th September that they had reached agreement on the terms of a recommended cash acquisition pursuant to which Caesars UK Bidco shall acquire the entire issued and to be issued share capital of William Hill not already owned by or on behalf of the Caesars Group, to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of th...