Long road towards Caesars-Hill approval

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Caesars Entertainment has announced an early HSR clearance for its proposed combination with William Hill.

The deal has to be subject to the HSR (Hart-Scott-Rodino Antitrust Improvements) Act 1976 and has also received approvals from the Mississippi Gaming Commission and the West Virginia Lottery.

It still has to gain the approval of the Indiana Gaming Commission, Nevada Gaming Control Board, Nevada Gaming Commission, New Jersey Divison of Gaming Enforcement and Casino Control Commission and the Pennsylvania Gaming Control Board.

Additionally, the combination needs the final approval of the High Court in the UK as well as final approval and administrative and post-closing approvals from other US agencies.

It is still hoped to complete the combination by March of 2021.

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