Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I believe 14.10 ... I am confortable because I’m in at 8 but I wonder why accepting this offer so suddenly
No negotiation. No second party bid competition. Why did they accept so quickly? What is the ADR purchase price?? ($14.10 I heard).
Is that amount for 80% of William ??? Caesars owns 20% already ???
Hello all, what’s this mean for William Hill stock price when this is finalized? Will it trade under Czr symbol? And what will our price be? Sorry I’m a newbie.
Big surprise there.
Yeah, hate to see that.
Lol I know I know you are very bullish on dkng lol
Here;
https://www.williamhill.us/william-hill-officially-opens-first-ever-sports-book-within-a-us-sports-complex-at-capital-one-arena/
Not on this one I jumped lol DraftKings the way to go going to SPCE WOOHOOOOOO
Weedtrader is an extreme bull lol
How are you arriving at a $20 price target? Caesar's current cash offer is $14.10.
WIMHY $20 TARGET PRICE WOOHOOOOOOOOOOOOOOO
$25.00 takeover price no happening. Makes sence when I see the premium paid. BUT William Hill shares were undervalued to begin with.
I could not trade "pre market" if I wanted to. No OTC or ADR stocks.
No doubt. Caesars is trying to steal WH. Hopefully this is rejected. It's worth a LOT more.
CZR just come out with stock offering...
WIMHY
Just beginning.
Mother F'er man so pissed
Man missed this one but had eye on it. Makes DraftKings even more valuable.
I may sell cause my main interest is not cesars but I’ll will be getting deeper into this to make my decision!!!! All good john ! Another good mate!
Buyour will be $25.00 per share, and then sell. I already have shares of CZR.
Now is when they are opening their eyes to thus undervalued gem! Congrats on your foresight!
Ceasars and Apollo should provide enough interest.
I think we see 20 next week. Someone else is going to try and buy us. WIMHY has to much going for it. I look for others to bids in.
Apollo weighs acquisition of U.S. betting firm William Hill - Bloomberg
$15.50
Adding tomorrow.
Agreed...Will be adding more here...$WIMHY
Relatively cheap.
William Hill PLC (PK (WIMHY)
$11.38
HG Vora Buys $149 Million William Hill Stake, Stokes Sale Chatter
Posted on: September 19, 2020, 05:49h.
Expertise: Financial, Gaming Business, Mergers and Acquisitions.
HG Vora Capital Management, an activist hedge fund with long-running experience in gaming equities, reportedly bought 5.1 percent of William Hill’s shares outstanding (OTC:WIMHY), valued at nearly $149 million, fueling speculation the firm could push for a sale of the British bookmaker.
William Hill
The William Hill sports lounge at Prudential Center in New Jersey. A hedge fund could push the sportsbook operator to sell itself. (Image: NHL.com)
As of the end of the first quarter, New York-based HG Vora has $7.56 billion in assets under management. Founded in 2009 by Parag Vora, the firm describes itself as focused on “value and event driven investments.”
Talk of a William Hill sale, namely its rapidly booming US business, isn’t new. As sports wagering continues its torrid escalation pace in the US, analysts are saying investors don’t adequately value William Hill’s US footprint. Via recent deal-making, the company is the largest sportsbook operator in this country and analysts argue it should be considered as a high-growth stock, treatment it’s not receiving.
Recently, talk regarding the fate of William Hill’s US business is gaining momentum with some on Wall Street floating the idea of a 50/50 partnership with Caesars Entertainment (NASDAQ:CZR) whereby the companies would spin off 20 percent off an iGaming/sports betting business to public investors with each operator retaining 40 percent.
Speaking of Caesars…
Caesars is relevant to the fate of William Hill’s US unit for multiple reasons. Through the takeover creating the new version of gaming giant, the UK-based company will run all Caesars sportsbooks across the country. The old Eldorado Resorts, the buyer of Caesars, owns 20 percent of William Hill’s domestic operations and collects 40 percent of the profits from that arrangement.
HG Vora has Caesars ties, too. The hedge fund took a stake in the gaming company in 2018 and pushed the then financial flimsy company to sell itself. The asset manager still owned 1.5 million Caesars shares as of the end of June, but it’s been trimming that position.
It’s not immediately clear if HG Vora is pushing for a sale of William Hill to Caesars, another buyer or if it would be satisfied with a spin off of the US business.
William Hill makes DC debut with $9.1m staked in August
18 September 2020
William Hill’s first full month of activity in the Washington D.C. market saw players stake $9.1m at the operator’s sportsbook in the city’s Capital One Arena, far outstripping handle for the DC Lottery’s Intralot-powered online offering.
The William Hill sportsbook went live early in August through the operator’s partnership with Monumental Sports and Entertainment, owner of the arena and Washington Wizards NBA team, Washington Capitals NHL franchise and Washington Mystics WNBA outfit.
This is only a temporary facility, however, featuring seven ticket windows and 10 betting kiosks, with construction of a permanent sportsbook within the stadium underway.
It processed 69,085 bets during the month, from which customers won $7.7m, leaving the operator with $1.4m in revenue. From the 10% tax on sportsbook gross revenue, the city received $142,527.47 from William Hill’s activities for the month.
This far outstripped amounts wagered on the DC Lottery’s Gambet app, which totalled $2.1m in August, from 66,831 bets. Customer won $1.9m during the month, which suggests revenue of $278,141 for the month.
Thank you JohnCM...I did'nt know about this board...
WIMHY$$$
Can we get some updated info?
Outstanding Shares
701,341,800
07/20/2011
Good for you .great sector to be in . Good luck!
I am in a bunch of gambling, casino stocks.
Good choice !!! This is unknown but a monster company already !
Followers
|
2
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
74
|
Created
|
06/17/19
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |