{"id":148,"date":"2024-06-16T18:50:53","date_gmt":"2024-06-16T15:50:53","guid":{"rendered":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/"},"modified":"2024-06-20T17:17:30","modified_gmt":"2024-06-20T14:17:30","slug":"888-holdings-delays-william-hill-acquisition-to-q2-2022","status":"publish","type":"post","link":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/","title":{"rendered":"888 Holdings Delays William Hill Acquisition to Q2 2022"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/pstXt-f9EuA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>888 Holdings expects to conclude the purchase of William Hill&#8217;s assets outside the United States by the second quarter of 2022. This marks a minor postponement from the original first-quarter completion goal declared in November.<\/p>\n<p>As per the most recent update, 888 will release a joint prospectus for the acquisition and funding in the second quarter, succeeded by a shareholder vote to approve the transaction. The funding strategy, detailed in the November statement, entails raising a total of \u00a3500 million (roughly $6.755 billion) through an equity offering.<\/p>\n<p>With all essential antitrust and gaming regulatory permissions secured, only a handful of obstacles persist. The acquisition is projected to finalize upon fulfillment of all remaining conditions.<\/p>\n<p>888&#8217;s \u00a32.2 billion agreement to procure William Hill&#8217;s non-US assets from Caesars Entertainment, subsequent to a competitive bidding procedure, was initially disclosed on September 9th.<\/p>\n<p>At the time, 888 CEO Itai Pazner lauded the acquisition as &#8220;a transformative and genuinely thrilling juncture in 888&#8217;s history,&#8221; stating that the deal &#8220;will establish a global online wagering and gaming frontrunner with superior size, a leading brand collection, enhanced diversification, and a foundation for robust expansion.&#8221; <\/p>\n<p>The gaming giant, 888, is divesting its complete bingo platform, encompassing both the consumer-facing and business-oriented segments, to Saphalata Holdings for a substantial $50 million.  The transaction is anticipated to conclude during the second quarter of 2022, a period already bustling with activity for 888. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>888 Holdings expects to conclude the purchase of William Hill&#8217;s assets outside the United States by the second quarter of 2022. This marks a minor postponement from the original first-quarter completion goal declared in November. As per the most recent update, 888 will release a joint prospectus for the acquisition and funding in the second [&hellip;]<\/p>\n","protected":false},"author":101,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings &amp; William Hill: Acquisition Update &amp; Timeline<\/title>\n<meta name=\"description\" content=\"888 Holdings adjusts the timeline for its acquisition of William Hill\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Delays William Hill Acquisition to Q2 2022\" \/>\n<meta property=\"og:description\" content=\"888 Holdings adjusts the timeline for its acquisition of William Hill\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Thrill of Victory at Our Licensed Online Casino\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-16T15:50:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:17:30+00:00\" \/>\n<meta name=\"author\" content=\"Finn &quot;Falcon&quot; McCann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Finn &quot;Falcon&quot; McCann\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated 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\":\"WebPage\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/\",\"name\":\"888 Holdings & William Hill: Acquisition Update & Timeline\",\"isPartOf\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-16T15:50:53+00:00\",\"dateModified\":\"2024-06-20T14:17:30+00:00\",\"author\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/05334597e922d19a99314512ecbd05f2\"},\"description\":\"888 Holdings adjusts the timeline for its acquisition of William Hill\",\"breadcrumb\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/16\/888-holdings-delays-william-hill-acquisition-to-q2-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/reddognodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 Holdings Delays William Hill Acquisition to Q2 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/\",\"name\":\"Experience the Thrill of Victory at Our Licensed Online Casino\",\"description\":\"Immerse yourself in the excitement of licensed online gambling through our fresh news, in-depth game reviews, and informative insights. 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