UK bookmaker William Hill has completed the acquisition of American Wagering, Brandywine Bookmaking and the racing and sportsbook assets of Sierra Developments, which trades as Cal Neva.
Only last week the company received its non-restricted gaming licences by the Nevada Gaming Commission, clearing the way for the company to start operating in the US.
The price tag on the acquisitions is around $49m (£31m) in total and were funded in cash.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
The share price fell 1.78% to 281.50p by 10:20.
December 2023 NS&I Premium Bond winners - check now to see what you’ve won
If you hold money in NS&I Premium Bonds, you can check from today (2 December) to see if you have won in the December prize draw. Here’s how to check.
By Vaishali Varu Published
OpenAI – corporate drama unleashed
OpenAI, the firm behind ChatGPT, was in uproar as its boss was booted out, briefly snapped up by Microsoft and then brought back again.
By Dr Matthew Partridge Published