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added on 2011-04-19 23:38:01
William Hill, the Britain's biggest bookmaker, has acquired two American sports betting businesses for $39 million. The British online and land-betting giant has purchased the American Wagering Incorporated and the Club Cal Neva Satellite Race and Sportsbook Division.
With this acquisition, William Hill, which operates around 2,350 shops throughout the United Kingdom, has prepared its entry into the American gambling market without breaking any laws.
Ralph Topping, the Chief Executive Officer for William Hill said the American Wagering Incorporated and Cal Neva are “the first-class operators and leaders in the US sportsbook industry” and that his company sees significant opportunities for growth, by investing in the state of Nevada.
“We look forward to working with our new colleagues at both companies to grow a leadership position in the Nevada gaming industry and beyond,” said Topping.
“We are excited about the potential for expansion of our company into the US betting market and, in particular, into Nevada, which sets the gold standard. This is a great development opportunity for William Hill, one of the world’s oldest and most trusted sportsbetting operators, and we look forward to serving the American casino market and reaching out to new customers.”
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