WilliamHill
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William Hill is a British bookmaker, which is one of the largest in the world. The company's activity covers not only sports betting. It offers online poker, online bingo, skill-games and other games of chance.

The history of William Hill dates back to 1934. The company was founded by William Hill at the time, when the UK prohibited any gambling. During its existence the company has changed owners for many times. Currently, the company is owned by WHG Ltd.

The bookmaker has been within a hair of death for many times. It was sold for debts, its shares fell in price, and the cost was reduced by significant amount. Despite all the troubles, the company became one of the largest bookmakers in the world. Nowadays, it is being actively expanded.

In 2006, the company acquired from Stanley Leisure 624 betting shops in the United Kingdom, Ireland, the islands of Jersey and the Isle of Man. The transaction amount was £504 million. This allowed the company to get ahead of its main rival Ladbrokes and become the market leader by number of stores. The Fair Trading Authority decided to sell 78 out of 624 Stanley, as there were some concerns about disruption of free competition.

In 2008, a new history of William Hill began. Ralph Topping became an executive director. He was expelled from the University of Strathclyde for frivolous behavior. In 1973, Topping worked in a bookmaker of Glasgow and reached the peak of his career ladder.

In November 2008, the company became a partner of Playtech and Orbis, which was renamed in OpenBet. That was done in order to improve its position in the field of online services.

The bookmaker paid £144,5 million to Playtech for various assets and subsidiaries. The deal includes a number of online casinos that operate under the brand WHG. Playtech got a 29% share in a new division of the company. After that, their cooperation was continued.

The company operates worldwide. In 2005, a law about gambling was adopted, so the office focused on slot machines.

In 2008, the company's debt was about £1 billion that caused some concerns among analysts. Later, it reached the level of £1,5 billion. In an attempt to restructure the debt, in 2009, the company launched corporate bonds and new shares.

In 2009, the Sectors of online games and fixed bet games were moved to Gibraltar, in order to reduce the tax amount.

In 2008, the company left Italy and Spain, but in 2009, it took part in the tender for the purchase of the first license for online gambling in India. In June 2012, the company entered the market in Nevada.

That is not the end of the history of William Hill. The company is being developed dynamically and expands its activities.

 
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