William Hill was fined a record £19m for anti-money laundering and social responsibility transgressions. Multiple accounts were reported to have lost £20,000 or more within minutes of opening. LONDON – The UK Gaming Commission fined William Hill and its sister company Mr. Green a total of £19.2 million (~$20.8 million) for their inadequate monitoring of … Read more
Jim “Mattress Mack” McIngvale, a popular Texas businessman and famous sports bettor has placed a $3.3 million wager on the Astros to win the World Series. If he wins, this would be the largest payout in US sports betting history at almost $36 million according to William Hill. Mattress Mack has lost $13 million in … Read more
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 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
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
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.’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 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
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
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