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William Hill Gets Nevada Sports Betting License
Friday June 22, 2012 : WILLIAM HILL PLC SECURES NEVADA SPORTS BETTING LICENCE (Update)
British gambling group has a three-company foothold in the USA
Thursday's meeting of the Nevada Gaming Commission approved a traditional sports betting licence for William Hill plc, a British company that acquired three US gambling enterprises earlier this year in a $55 million investment in the US market .
Company spokesmen said the award was notable because it made William Hill the first British betting service to run a sports book in the state, offering sports betting on mobile devices to bettors in Nevada, and positioning the company strongly should legal restrictions on U.S. online gambling be lifted.
"Mobile gaming is the fastest growing part of our business, and this adds a new dimension for us," William Hill chief executive Ralph Topping told the Reuters news agency, revealing that just two years ago his company was taking in $1.5 million a week from mobile gamblers in the United Kingdom. Today, it handles $25 million a week.
Topping outlined his thinking on Nevada licensing, saying: "You’re better off having a presence in Nevada. Most people say it’s the platinum process you have to go through. You’re ready for anything that happens elsewhere in the U.S.”
The award of the licence this week fulfills requirements attached to Hills’ acquisition of three US companies, with the deal conditional on the British company obtaining a Nevada licence. One of the acquisitions, Brandywine Bookmaking, operates 17 sports books in Nevada and also runs the Delaware Sports Lottery with partner companies.
Topping said that his company intends to make more acquisitions, and has been approached by a number of American companies.
Reuters notes that online gambling provided 28 percent of William Hill's $1.7 billion revenues last year, according to company filings.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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