- Commissioner’s statement on Ventura, Marte
- Ronnie O’Sullivan: Masters champion ‘felt so vulnerable’ in final
- Arron Fletcher Wins 2017 WSOP International Circuit Marrakech Main Event ($140,224)
- Smith challenges Warner to go big in India
- Moncada No. 1 on MLB Pipeline’s Top 10 2B Prospects list
- Braves land 2 on MLB Pipeline’s Top 10 2B Prospects list
- Kingery makes MLB Pipeline’s Top 10 2B Prospects list
- New Zealand wrap up 2-0 after Bangladesh implosion
- Mathews, Pradeep, Gunathilaka to return to Sri Lanka
- Elliott hopes for rain for Poli
888 and Rank Join Forces For Possible 3 Billion Bid For William Hill
- Updated: July 27, 2016
The United Kingdom’s gambling industry could be set for more consolidation after reports suggesting 888 Holdings and Rank Group could pay up to £3 billion for bookmaker William Hill.
This news came only days after William Hill’s CEO, James Henderson, stepped down from his role with immediate effect following the British company issuing a profit warning. William Hill announced to its investors that profits for the year to December 31 would likely be £260 million, down from initial estimations of £307 million.
888 Holdings and Rank, the latter being the owner of Mecca Bingo and Grosvenor Casinos, this weekend issued a joint statement saying they had formed a consortium for a potential takeover of William Hill, but confirmed no formal bid had been made, and there is no guarantee of a formal offer being made.
“The consortium sees significant industrial logic in the combination, through consolidation of their complementary online and land-based …
continue reading in source www.pokernews.com
