William Hill will ditch three of its online casino brands EuroGrand, 21Nova, and Casino Club in early 2022 as part of a strategic move to concentrate on its core brands. [Image: Shutterstock.com]
William Hill has decided to wind down three of its online casino brands as part of a strategic decision to concentrate instead on its core brand proposition.
EGR Intel took to Twitter November 25 to share the UK sports betting giants decision, which it communicated to its affiliates via email on Wednesday:
In preparation for the permanent closure of EuroGrand, 21Nova, and Casino Club online casinos on January 24, 2022, William Hill will nix the three sites marketing material starting Friday. Existing customers, however, can still play and withdraw their funds up until the 2022 closure.
The outfit also instructed its affiliates to cancel all promotional activity with immediate effect.
EuroGrand and 21Nova both launched in 2006 with the William Hill Casino Club rolling out in 2009. In Wednesdays email, the global online gambling firmassured affiliates it had no plans to streamline [its] portfolio further. William Hill added that it remained committed to its eponymously named brand and to Mr Green, which holds gaming and casino licenses in Europe and a sportsbook license in Ireland.
part of an internal review of its brands and business footprint
A spokesman for William Hill said the move came as part of an internal review of its brands and business footprint.
The decision is the latest in a line of strategic fat trimming exercises kickstarted when Caesars Entertainment announced its 2.9bn ($4bn) takeover bid for William Hill last year. After shareholders voted in favor of the Caesars takeover in November 2020 and following approval by High Court of Justice judges in England and Wales Caesars acquisition of William Hill was finally concluded in April of this year.
Caesars, however, made it clear from the get-go it wasnt interested in William Hills 1,400 retail sportsbooks scattered across Europe.
Enter 888 Holdings in September 2021, which agreed to buy William Hills non-US business assets from Caesars for around 2.2bn ($3.04bn). 888s CEO Itai Pazner hailed the move as transformative for his firm.
Caesars core aim of expanding its US sportsbooks was underscored in August, when it unveiled its total rebrand of William Hills US sportsbook. The new-look wagering offering, named Caesars Sportsbook, now has a footprint in 12 US states.
Originally posted here:
William Hill to Shutter Three Online Casino Brands in 2022 - VegasSlotsOnline
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