The UK's new point of consumption tax (POTC) on sports wagers took a big toll on William Hill's Q1 2015 earnings. According to reports on CalvinAyre.com and Nasdaq.com, the UK bookmaker had an operating revenue of just 1% since the POTC went into effect. That's down a whopping 19% from the same time last year.…
William Hill's bid to acquire 888 Holdings has ended after the two gaming giants could not come to terms on a price for the deal. BBC News reported that the final offer from William Hill was somewhere in the neighborhood of £744m ($1.1 billion USD). That offer valued each 888 share at about 200 pence.…
In an effort to beef up its overall regulatory compliance efforts, UK-based bookmaker Wiliam Hill is pulling out of 55 gaming markets. The markets in questions, which are mainly located in Asian and African countries, are poorly regulated and are generally known as, "grey markets." In an e-mail to its affiliate partners obtained by EGR…
William Hill has abruptly exited the Chinese online gambling market this week because of, "regulatory reasons." It's a move that cuts off access to a huge range of of Chinese gamblers, but is probably a good, long-term move. The announcement was sent out to affiliates last week and stated: We regret to inform you that…
William Hill's mobile portfolio has a bit more beef in it after the company recently completed a deal with Micrograming. Under the terms of the arrangement, William Hill will be providing Microgaming's Quickfire gaming platform. Quickfire is a flash-based mobile-friendly online casino gaming platform that includes sports betting, bingo and table games. In a press…
Betfair and William Hill are both applying to run the Greek gambling monopoly, but there's more to the story than the headline indicates. The applications are just one scene from what's turning into a classic Greek drama. At the center of fight is OPAP, Greece's gambling monopoly. The Greek Government is trying to sell off…
The Bulgarian State Gambling Commission (BSGC) is adding a new batch of operators to its collection of blacklisted domains. The latest names to make the include some big name brands including William Hill and PokerStars. Bulgaria's blacklisted domain count now stands at 48 as the Eastern European country is flexing its newfound regulatory muscle. The…
Mobile sports betting is massively popular UK punters and, according to a recent survey conducted by Onavo, William Hill is their preferred choice. Onavo's reporting that 38% of UK mobile sports bettors prefer using William Hill's mobile app. While the findings from the report are encouraging for William Hill, they also suggest that there's plenty…
William Hill is issuing around £375 million ($573 USD) worth of corporate bonds in the hopes of attracting investor attention. It's all part of a plan to help the company pay off bridge loans it accumulated while acquiring 29% of Sportingbet Australia during the spring. The bulk of the cash raised from the bonds, around…
The 2013 Global iGaming Summit & Expo (GiGse) and Social Casino Summit (SCS) has come to a close, and from what we understand, it was a huge success. Unlike LAC and other affiliate-focused conferences, the 13th annual GiGse conference focused on more of the business-side side of the iGaming industry. The attendance was a "who's…
News in the iGaming and Sports Betting affiliate world moves fast.
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