{"id":42936,"date":"2020-09-02T06:21:29","date_gmt":"2020-09-02T06:21:29","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=42936"},"modified":"2020-09-02T06:21:29","modified_gmt":"2020-09-02T06:21:29","slug":"william-hill-us-to-merge-with-caesars","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/william-hill-us-to-merge-with-caesars\/","title":{"rendered":"William Hill US To Merge With Caesars"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-22876\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/CAESARS-ENTERTAINMENT.jpg\" alt=\"\" width=\"230\" height=\"165\" \/>It seems a deal to merge William Hill US business with Caesars Holdings it has emerged with both parties seemingly keen on a deal.<\/p>\n<p style=\"text-align: left;\">William Hill US already works with the new owner of Caesars Eldorado since 2018 servicing its sports book offering so they already know each other well and have grown in size because of it. Analyst\u2019s believe that a merger of William Hill in the US with Caesars would generate an extra $700 million a year.<\/p>\n<p style=\"text-align: left;\">Not just that but it would also become a strong competitor to leader DraftKings in the sports business, so far DraftKings is valued at $13.5 billion, a merger with William Hill and Caesars would be valued at around $7 billion.<\/p>\n<p style=\"text-align: left;\">Caesars already has a 20% stake in William Hill US and so a merger would be highly likely, indeed William Hill CEO Joe Asher said to Bloomberg recently: We&#8217;ve been riding on their coattails as they&#8217;ve been growing. Clearly, we bet on the right horse.&#8221;<\/p>\n<p style=\"text-align: left;\" data-reactid=\"34\">Eldorado CEO Tom Reeg said back in July that the company would like to gather their assets including sports betting into one entity.<\/p>\n<p style=\"text-align: left;\">William Hill currently has some 130 sports betting outlets in 13 states in the US with their current tie-up with Caesars\/Eldorado.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It seems a deal to merge William Hill US business with Caesars Holdings it has emerged with both parties seemingly keen on a deal. William Hill US already works with the new owner of Caesars Eldorado since 2018 servicing its sports book offering so they already know each other well and have grown in size [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":42937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,18],"tags":[],"class_list":["post-42936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-n-america"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>William Hill US To Merge With Caesars - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/william-hill-us-to-merge-with-caesars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"William Hill US To Merge With Caesars - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"It seems a deal to merge William Hill US business with Caesars Holdings it has emerged with both parties seemingly keen on a deal. William Hill US already works with the new owner of Caesars Eldorado since 2018 servicing its sports book offering so they already know each other well and have grown in size [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gaming-awards.com\/NEWS\/william-hill-us-to-merge-with-caesars\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Post\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-02T06:21:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2020\/09\/william-hill-office.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"801\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Claire\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:site\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/william-hill-us-to-merge-with-caesars\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/william-hill-us-to-merge-with-caesars\\\/\"},\"author\":{\"name\":\"Claire\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/34891848fc23c0ffd9b6a4f710d8dc45\"},\"headline\":\"William Hill US To Merge With Caesars\",\"datePublished\":\"2020-09-02T06:21:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/william-hill-us-to-merge-with-caesars\\\/\"},\"wordCount\":210,\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/william-hill-us-to-merge-with-caesars\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/william-hill-office.jpg\",\"articleSection\":[\"Gaming\",\"Headlines\",\"Latest\",\"N. 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