Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

William Hill buys US bookmakers

Peter Cripps
Wednesday 04 May 2011 00:00 BST
Comments

Britain's biggest bookmaker William Hill yesterday announced another acquisition as part of its drive to become a key player in the US betting market.

It has paid $14.25m (£8.5m) for Brandywine Bookmaking, which operates 16 sportsbooks in the state of Nevada under the Lucky's brand and one in St Kitts in the Caribbean. Brandywine is also involved in a partnership which runs the Delaware State Sports Lottery and operates in three casinos in the state.

The acquisition comes a month after William Hill made its first move into the US by snapping up American Wagering Inc (AWI) and Club Cal Nevi businesses, which also operate in Nevada and Delaware, for $39m.

The deals give William Hill a major presence in the US, which currently only allows gambling in four states. Nevada is the largest of the markets, with an estimated gambling turnover of $2.7bn.

Ralph Topping, the chief executive of William Hill, said: "Brandywine will give William Hill a leading position in the US land-based sports betting market."

He added that Brandywine's relationship with Delaware could be emulated by other states.

The acquisitions will not complete until William Hill is granted a licence from the Nevada Gaming Commission, which it hopes to obtain next year.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in