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History of William Hill Casino

William Hill Casino is a renowned major online gaming enterprise based in UK and a celebrated name in gambling. The company was created by William hill in 1934 which offers online betting, casino, poker and Bingo games. The Company now has a value of over £4 billion. The history of William Hill Casino starts with the casino being started as a small illegal operation in 1934 for the purpose of offering a postal and telephone betting service. Bettas would give the checks and place there bets well in advance of the event they were betting on. This added to an honest operator’s favour in a surrounding of fake illegal bookmakers who were not required to pay out winning bets legally.

The company set up its reputation in many years after which betting shops were made legal in 1961. With the arrival of television this small operation become more acceptable past time for people. In 1970 William Hill died and in the following year the company was given up to Sears Holdings but the name was retained. In 1988 William Hill casino was sold to Grand Metropolitan company which merged it’s another company known as Mecca bookmakers with William Hill. Once again the company was sold to Brent Walker for £685 million. But under the changing hands, funds begin to disappear. After the company was put under investigation it came to knowledge that the Grand Metropolitan company was exaggerating the company’s profit during its year of sale to Brent Walker.

Two of William Hill directors were imprisoned. But the company collapsed in 1997 with debts of over £1 million. The Japanese investment bank Nomura bought William Hill for £700 million and was once again sold to Cinven and CVC Capital Partners in 1999. In 2000 the William Hill casino went online and was proved to be a great success. The company William Hill was listed on London Stock Exchange with flotation on the stock market in 2002.

The organisation again entered into two new partnerships with Orbit and Playtech for launching new sportsbook and forming new company called William Hill Online. Over the next few years the casino established new telephone betting services, obtained US gaming licence in 2012 by Nevada gaming Commission, purchased Australian operations, a part of Spanish operations and playtech’s stake in William Hill Online Company. Now William Hill Casino is online with the large customer base and celebrating its successes with evey single passing year, creating new milestones in its paths.

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