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U.K. Bookmaker William Hill To Get More Time To Finalize Sportingbet Offer

Britain's largest bookmaker William Hill "will get more time to finalize" a proposed £530 ($843M) offer for online gaming group Sportingbet, according to Keith Weir of REUTERS. William Hill and smaller partner GVC Holdings "won provisional backing for the takeover proposal" from the Sportingbet board last month. The deadline to submit a formal offer is 5pm GMT on Tuesday, but sources said that it is "likely to be extended by four weeks to allow more time for due diligence." The "main prize" for William Hill is Sportingbet's operations in Australia. William Hill makes most of its revenues in Britain but is "expanding overseas and bought three businesses in the U.S. state of Nevada earlier this year." Sportingbet is a market leader in Australian telephone and online gaming, with the two accounting for almost 70% of the company's revenues last year (REUTERS, 11/12).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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