Caesars Entertainment to buy William Hill sports books for $3.7 billion

[Pauly McGuire DrPauly (PokerStars) Clubber Holothurianism: +36 % 1,508 posts]

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Caesars Entertainment to buy William Hill sports books for $3.7 billion

William Hill had been running sportsbooks in Caesars Entertainment properties already, but now New Caesars acquired the British sports betting giant for the hefty sum of $3.7 million. William Hill's stock had been in play the last couple weeks on rampant speculation that they were the target of either Caesars or Apollo Management.

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