William Hill US generated 3% of Group net revenue
in 2016 and employs around 400 people, mainly
in casino-based sports books in Nevada.
What we do
William Hill US was created in June 2012 through the acquisition of three small sports book operators in Nevada, American Wagering, Inc., Brandywine Bookmaking LLC and the Cal Neva racing and sports book assets.
Building the leading Nevada business
Nevada is one of only four states allowed to license land-based sports betting in the US and is the only one that currently operates an open commercial market. Sports books can only be operated inside casinos, though customers using mobile accounts can deposit via kiosks provided in casino and bar locations. While the major casinos operating on the Las Vegas Strip tend to manage their own sports books, the majority of the other casinos outsource this specialist capability. William Hill is now the preferred outsource supplier, operating 108 of the 192 sports books in Nevada.
We have successfully grown William Hill US by expanding the product range, including in-play betting, developing the mobile app and redeveloping the sports books, which are branded as William Hill.
We are also the exclusive risk manager for the State of Delaware’s sports lottery.
There continues to be a lot of discussion in the US about the potential for overturning the federal ban on land-based sports betting and for licensing online gaming in other states. While it is unclear how such changes may evolve, we want to ensure William Hill is well positioned to take advantage of emerging opportunities.
Through our Nevada operations, we are building brand awareness and recognition of our strengths in sports betting. The Company and individual licences awarded by the Nevada Gaming Commission bring increased trust, given the high level of probity checks required to achieve those licences.
We are also prepared to invest in relevant opportunities, such as the agreement with Monmouth Park racetrack in New Jersey where we have created a William Hill sports bar that could be converted into a sports book should the law permit it.
The American Gaming Association (AGA), of which we are a Board member, is working on routes to challenge the federal ban. The AGA has made this a priority in the near term.