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WIMHY / 888 Holdings shares soar as it gets money off William Hill deal

888 Holdings PLC (LSE:888) (888 Holdings PLC (LSE:888)) shares shot up 28% in Thursday's early trade as it cut a new deal and launched a reduced equity raise to fund its acquisition of William Hill's assets outside the United States. The London-listed gaming firm previously, in September, agreed the deal with American casino operator Caesars Entertainment for £2.2bn, and, at that time 888 expected it would need to raise around £500mln of equity to cover the deal. Read More

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Posted: Apr 7 2022, 04:28

Author Name: Proactive Investors

WIMHY News

By Proactive Investors
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William Hill's record fine from the UK's Gambling Commission brings the spotlight back on the much-awaited industry White Paper. The company, which w

By Proactive Investors
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888's William Hill hit by record Gambling Commission fine

888 Holdings PLC (LSE:888) shares stumbled after its William Hill arm was been hit by a record fine by the UK's Gambling Commission. William Hill, wh

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By Zacks Investment Research
April 8, 2022

Caesars (CZR) Revises Deal to Sell William Hill Non-US Assets

Caesars Entertainment (CZR) announces a revised agreement to sell the non-U.S. assets of William Hill to 888 Holdings Plc.

By Proactive Investors
April 7, 2022

888 Holdings shares soar as it gets money off William Hill deal

888 Holdings PLC (LSE:888) (888 Holdings PLC (LSE:888)) shares shot up 28% in Thursday's early trade as it cut a new deal and launched a reduced equi

By Reuters
April 7, 2022

Caesars, 888 Holdings cut deal value of William Hill's non-U.S. assets

British gambling firm 888 Holdings and U.S.-based Caesars Entertainment cut the deal value of William Hill's non-U.S. assets due to tough economic con

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