Strategy

Caesars targets accelerated sell-off of William Hill assets and sets out online betting roadmap

Casino giant hopes to announce buyer in H2 as CEO Tom Reeg reveals Caesars sportsbook aims to compete with BetMGM

Caesars Entertainment will kickstart the sale of William Hill’s non-US business as soon as Q2 2021 as it looks to pay off more than $2bn in company debts. In a Q1 2021 conference call, Caesars CFO Bret Yunker confirmed the US casino heavyweight would target an accelerated sale of surplus assets following the completion of…

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