William Hill continues their expansion into the American Market with recent takeover deal with CG Technology; expanding their Las Vegas footprint to several marquee resorts
In Las Vegas, the Nevada Gaming Commission has approved William Hill’s takeover of CG Technology. This massive takeover will give the British sports betting operator the right to operate sports books at the Venetian Las Vegas, Palazzo, Tropicana Las Vegas, Cosmopolitan of Las Vegas, Palms, and Silverton.
William Hill CEO Joe Asher said: “There are some things we will do a little differently. We just wanted to get the finish line. We’ve invested millions into sportsbooks in this state.”
Furthermore, William Hill is closing in on another 11 Nevada sportsbooks, including nine located on or near the Strip, owned by Caesars Entertainment, which is being bought out by one of William Hill’s partners Eldorado Resorts.
Additionally, William Hill manages sports books at five downtown Las Vegas casinos, namely The Strat, the Downtown Grand, Binion’s, the Plaza, and Four Queens.
The deal also includes CG’s operations at the Atlantis on Paradise Island. John Moran Jr. Chairman of the Nevada Gaming Commission said of CG Technology, who incurred fines of $9m since 2014: “CG will be gone and take some of that baggage with them.”
Mr. Asher, who worked for CG said “We are pleased to have reached this agreement. This will allow us to expand our Las Vegas footprint to several marquee resorts. We look forward to working with our new casino partners and transitioning CG Technology’s retail and mobile customers to our award-winning offering.”
The Nevada Gaming Commission is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Control Board. Phil Katsaros of the Nevada Gaming Control Board will be speaking at SiGMA Asia as a VIP Keynote speaker on 27 May in Manila, the Philippines.
About SiGMA Europe - Malta
SiGMA Group has announced the postponement of its Europe summit, which was planned to be held in Malta on 17-19 November 2020. The show will now open its doors early next year in February, running from the 16-18th, making it the first event to headline the 2021 gaming calendar.