888 Holdings, a public company which owns several popular gambling brands and websites, completed the acquisition of the non-US assets of William Hill, an online gambling company, from Caesars Entertainment, an American casino and hotel company, for £2.05bn ($2.8bn). "This combination brings together two high quality businesses to create a powerful, global betting and gaming business. We believe the acquisition will create significant value for shareholders, creating a combined business with leading technology, products and brands across sports betting and gaming. With a top quality management team, formed from talent from across both businesses, I am confident about our future plans," Lord Mendelsohn, 888 Holdings Chairman.