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12/30/2020

Caesars Entertainment Receives HSR Clearance for Proposed Combination with William Hill

Anna Wolfe
Senior Editor - Restaurants
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Caesars Entertainment, Inc. announces the early termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 relating to the proposed combination with William Hill PLC, effective December 28.

The proposed combination also received approvals from the Mississippi Gaming Commission on November 19 and the West Virginia Lottery on December 16. The transaction remains subject to the satisfaction of the remaining conditions, including approval by the Indiana Gaming Commission, Nevada Gaming Control Board, Nevada Gaming Commission, New Jersey Division of Gaming Enforcement and Casino Control Commission, and the Pennsylvania Gaming Control Board. Additionally, the combination requires the English High Court's final approval and administrative and post-closing approvals from other US agencies.      

Caesars continues to progress through obtaining all necessary regulatory approvals required to close the transaction and is still aiming to complete the proposed combination in March 2021.