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Best Neteller Casinos - Online Casinos Operator Sells Shops
William Hill, one of the largest and most well-known online casinos and bookie firms, has decided to sell 48 of its offices for GBP 20 million to the Wigan-based Tote group. Within two weeks, the deal is expected to be complete, and follows the sale of 28 other sites to the Tote in September. These sales are all attempts to address online casinos regulatory issues by William Hill.
The Office of Fair Trading ordered William Hill to offload approximately 50 of the betting offices it had acquired from Stanley Leisure earlier this year. Thanks to the addition it has received from William Hill, Tote's betting office estate now totals over 500 offices. The online casinos firm also offers telephone and Internet betting operations, as well. Online casinos William Hill fans have witnessed a down-sizing of their favorite online gambling portal.
In the online casinos world, this is business as usual. Although the online casinos king paid GBP 504 million for 624 Stanley shops, it had to turn around and sell 50 of them to Tote. This final sale left William Hill disappointed, but the online casinos operator knew it was necessary in order to keep the online casinos operator in check with federal regulations. In the world of online gambling, this is how the cards fall.
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