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п»їWilliam Hill plc (WMH.L)
Previous Close 270.40 Open 270.40 Bid 270.40 x 0 Ask 270.50 x 0 Day's Range 270.10 - 270.80 52 Week Range 28.63 - 313.00 Volume 1,932,615 Avg. Volume 9,570,737.
Market Cap 2.838B Beta (5Y Monthly) 1.66 PE Ratio (TTM) 15.80 EPS (TTM) 17.10 Earnings Date Feb 24, 2021 Forward Dividend & Yield N/A (N/A) Ex-Dividend Date Apr 23, 2020 1y Target Est 264.08.
Here’s everything you need to know about betting on the Super Bowl legally.
The Super Bowl LV matchup is set and the Kansas City Chiefs and Tampa Bay Buccaneers will face off on Feb. 7, 2021. PlayUSA, a website that covers legalized gambling, estimates that over $500 million will be legally wagered in the U.S. at this year’s Super Bowl, compared with just $300 million wagered in 2020. The first is that sports betting has never been more popular in the U.S. as states set monthly records in total bets with regularity.
Michigan legalizes sports betting � the state could generate $8 billion a year in sports bets, according to one analyst.
On Friday, Michigan will become the 15th state to accept legal online wagers on sports after getting authorization from the Michigan Gaming Control Board. “Michigan residents love sports and, judging by inquiries we’ve received, eagerly anticipate using mobile devices to place bets through the commercial and tribal casinos,” executive director of the gaming board Richard S. Kalm said in a statement. “Online gaming and sports betting will provide the casinos with new ways to engage with customers while the state and local communities will benefit from taxes and payments on wagering revenue,” he added.
Ladbrokes Owner Entain Rejects MGM’s $11 Billion Takeover.
MGM Has Strong Hand in U.K. Online Gambling Bid.
Record Sports Betting Wagers Bode Well for DraftKings.
The state of New Jersey reported another record month for legal sports betting. The New Jersey Division of Gaming Enforcement said the November sports wagering handle�the amount of money in wagers taken�hit $931.6 million, up from $803.1 million in October. The split once again was in favor of internet sports betting, which totaled $872.1 million of the total handle.
Shareholders of William Hill PLC Vote to Approve Caesars Entertainment, Inc. Recommended Cash Acquisition.
Caesars Entertainment, Inc., (NASDAQ: CZR) ("Caesars," "CZR," "CEI" or "the Company") and William Hill PLC (LSE: WMH) ("William Hill" or "the Group") announced that, at the shareholder meetings held earlier today, the William Hill shareholders approved the recommended 272p cash offer from Caesars by the requisite majorities, subject to the satisfaction of the remaining outstanding regulatory conditions and final approval of the English Court.
Landcadia Holdings II Joins a Hot Market, But Comes With Risks.
Should You Buy Caesars Before There's a Coronavirus Vaccine?
Caesars Entertainment (NASDAQ: CZR) saw a 22% rebound in September, likely related both to its ESPN partnership and its announced acquisition plans for English sportsbook company William Hill (LSE: WMH). While Caesars isn't faring badly in its recovery, its stock still hasn't regained the full value it had before the coronavirus struck. With the earliest possible release of COVID-19 vaccines in the U.S. still roughly two months away, according to a recent estimate from Dr. Anthony Fauci, Fools investing in consumer discretionary stocks might want to weigh several factors before buying shares of Caesars.
UK's William Hill warns of profit hit on local lockdowns as revenue slips.
The company, which is set to be acquired by U.S. casino operator Caesars Entertainment, estimated that shutting 100 shops for four weeks due to further local lockdowns would reduce core earnings by around 2 million pounds ($2.60 million). The betting firm said that around 10% of its betting shops are located in regions where the local COVID-19 alert level is classified as "very high" according to the government. While net revenue was down 9% for 13 weeks ended Sept. 29, the drop was lower than the 32% fall it posted for the first-half, with growth in the United States cushioning the decline.
William Hill plc -- Moody's announces completion of a periodic review of ratings of William Hill plc.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of William Hill plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
William Hill plc -- Moody's places William Hill's ratings on review for downgrade pending proposed acquisition by Caesars.
Moody's Investors Service, ("Moody's") has today placed William Hill plc's (William Hill, or "the company") ratings on review for downgrade, including the Ba3 corporate family rating (CFR), Ba3-PD probability of default rating (PDR), as well as the Ba3 rating assigned to the company's senior unsecured GBP350 million senior unsecured notes due 2026 and the GBP350 million senior unsecured notes due 2023. The outlook has changed to ratings under review from negative. The placing of the ratings on review follows the announcement on 30 September 2020 that William Hill and Caesars Entertainment, Inc. (Caesars, B2 negative) have reached agreement on the terms of a recommended GBP2.9 billion offer for the share capital of William Hill.
3 Top Sports Betting Stocks to Buy in October.
Sports betting is gaining traction in the U.S., and the players available to invest with are starting to become clear.
Buyout Firms Explore New Lows in the U.K. Bargain Bin.
Why Caesars Entertainment Stock Could Zoom 73% Higher.
Starting Monday morning's predictions off with a bang, self-described "boutique investment bank" Union Gaming set a new $100 price target for casino company Caesars Entertainment (NASDAQ: CZR) and issued a research note highlighting the enterprise's potential. Since Caesars opened at $57.80, this bold forecast represents a 73% predicted upside for the stock, as reported by Seeking Alpha. The two companies already share a joint venture, and Caesars held a 20% interest in William Hill's American branch even before the announced acquisition.




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