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Add William Hill Approached by 888 and Rank For Gambling Merger

Kristine Hedge 2025-10-21 23:06:37 +00:00
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[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)<br>[William Hill](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) approached by 888 and Rank for gambling merger<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>UK betting company William Hill has actually been [approached](https://gitlab.ujaen.es/fayemessner339) by rival betting [business](https://worldaid.eu.org/discussion/profile.php?id=1117945) 888 and Rank Group about a merger.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>William Hill stated it would "listen to and think about" any [proposal](https://x.com/YohaigNG/status/1845872747924123782).<br>
<br>However, it was unclear that a mix of William Hill, 888 and Rank would "provide superior value", the business stated, external.<br>
<br>Online operator 888 and Rank, [the yohaig code](http://git.oksei.ru/marthagaskins2) UK's most significant casino chain, stated they saw "substantial commercial reasoning in the mix".<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>William Hill said the technique was "extremely initial", while Rank and 888 said they had not yet made an [official deal](https://gitlab.donnees.incubateur.anct.gouv.fr/charmaingoulet) to the bookie's board.<br>
<br>Shares in William Hill increased 4.8%, while 888 shares increased 3.4% and Rank lost 0.5%.<br>
<br>'Surprise'<br>
<br>The move comes simply days after William Hill's president, James Henderson, was ousted from the UK's most significant [wagering shop](https://picturegram.app/gracielaboser0) [operator](https://gitea.clintmasden.duckdns.org/terrellzuniga6) following a series of earnings cautions.<br>
<br>Mr Henderson, who took the helm in August 2014, had failed to deal with issues in the company's struggling online business.<br>
<br>In May, its latest trading update, the company said, [external](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) net profits had fallen 11% in its online division in the 17 weeks to 26 April.<br>
<br>William Hill's shares have dropped 21% given that the start of the year, valuing the previous FTSE 100 [company](https://worship.com.ng/antonfeliciano) at ₤ 2.7 bn.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>David Jennings, an expert at Davy, said the news was "undoubtedly a surprise, considered that the combined worth of 888 and Rank is ₤ 1.7 bn".<br>
<br>Rank and 888 said there was "no certainty that any deal will eventually happen".<br>
<br>Rank's president, Henry Birch, is a previous head of [William Hill's](https://wiki-comisiones.exactas.uba.ar/index.php/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) online department.<br>
<br>Under UK takeover rules, the companies have until 21 August to either make a firm deal or walk away.<br>
<br>The potential quote follows William Hill tried to get 888 in 2015 in a ₤ 720m [bet9ja's welcome offer](https://gitlab.ujaen.es/fayemessner339), however the deal collapsed after 888 [rejected](http://geometrie.zum.de/wiki/Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) the deal as too low.<br>
<br>Since then, rival wagering [companies](https://theindievibes.com/hildredswartwo) [Ladbrokes](https://theindievibes.com/hildredswartwo) and Gala Coral have actually agreed a ₤ 2.3 bn merger which received preliminary regulator approval in May.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The combined group would make it bigger than William Hill, the largest UK bookie based upon number of shops.<br>
<br>Irish bookie Paddy Power and [online operator](https://worship.com.ng/antonfeliciano) [Betfair](https://social.sktorrent.eu/read-blog/52299_unlock-bet9ja-039-s-league-free-bets-the-yohaig-promotion-code-advantage.html) also concurred to join forces last September.<br>
<br>Gambling market bets on consolidation<br>
<br>William Hill and 888 end quote talks<br>
<br>Betting merger might depend upon store sales<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>20 May 2016<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>Paddy Power Betfair to cut 650 tasks<br>
<br>5 April 2016<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)