Deutsche Bank is the American Gambling Awards Dealmaker of the Year
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NEW YORK – The 2022 edition of the American Gambling Awards is pleased to announce Deutsche Bank is the 2022 “Dealmaker of the Year.” The American Gambling Awards are produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.
Deutsche Bank was the sole advisor to Caesars Entertainment for its completed acquisition of William Hill PLC for approximately £2.9 billion in April 2021 and the subsequent sale of the non-U.S. assets of William Hill to 888 Holdings PLC for an enterprise value of between £1.95 billion and £2.05 billion. The deal created one of the largest U.S. omnichannel gaming operators and was the first multi-billion-dollar outbound deal by a leading traditional U.S. gaming operator. Judges cited how the deal helped change the U.S. gaming landscape and opened the door for other multi-stage, cross-border transactions.
Charles Gillespie, Chief Executive Officer of Gambling.com Group, said, “Caesars Entertainment’s acquisition of William Hill combined two of the premier operations in the sports betting and iGaming industries, and Deutsche Bank’s role as the sole advisor for the transaction makes it very deserving of receiving the Dealmaker of the Year award. Deutsche Bank brings an intimate knowledge of the global gaming industry and a proven track record in complex, cross-border transactions.”
