Bookmaker William Hill offloads Australian business

William Hill is to sell its Australian business for 300 million Australian dollars (€188.7 million) to CrownBet following a gambling crackdown in the country.

Bookmaker William Hill offloads Australian business

William Hill is to sell its Australian business for 300 million Australian dollars (€188.7 million) to CrownBet following a gambling crackdown in the country.

A ban on credit betting and the likely introduction of a point of consumption tax in a number of states have put profits under pressure at the bookmaker, leading it to announce a strategic review of its Antipodean operations in January.

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