From iGaming Business British online and land-based gaming operator William Hill is hoping to raise approximately £375 million after announcing a scheme that will see it issue seven-year corporate bonds to institutional investors from tomorrow. London-based William Hill revealed that proceeds from the initiative will be used to repay £275 million in short-term bridge loans that were taken on as part of its acquisition in March of Sportingbet Australia along with April’s purchase from Playtech Limited of the 29 percent stake in its William Hill Online joint venture. “The remainder of the proceeds will be used to clear down outstanding…

British sportsbook William Hill has announced that its US subsidiary WilliamHill US Holdco Inc. has struck a deal with NJ racetrack Monmouth Park to be their exclusive sports betting provider as well as sponsor the $1 million Haskell invitational horse race set to run later this summer on July 28th. The move by WillHill highlights that many in the gaming industry strongly believe it is a matter of time until New Jerseyans are able to bet legally on sports; the state is currently in federal court over the issue in a case raised by the professional sports leagues and the…