Maples Advises Caesars Entertainment on GBP2.9 Billion Acquisition

Maples and Calder, the Maples Group's law firm, is pleased to announce that its Cayman Islands practice has advised Caesars Entertainment, Inc. ("Caesars") in connection with its cash acquisition of William Hill PLC ("William Hill"), which totals GBP2.9 billion and closed 22 April 2021.

The acquisition of the entire issued and outstanding share capital brings together Caesars, one of the largest gaming-entertainment companies in the US and one of the world's most diversified gaming and entertainment providers, and William Hill, one of the world's leading betting and gambling companies. 

The Maples Group's legal team, led by Finance Partner John Dykstra, with the assistance of Associate Micaela Wing, provided Cayman Islands legal advice on the transaction.

Commenting on the acquisition, Tina Meigh, head of the firm's Cayman Islands Finance practice, said "We were pleased to advise Caesars on such a significant acquisition and proud that the Maples Group's tier 1 Cayman Islands Finance practice continues to advise and attract such high-profile transactions."

The firm worked closely with a number of international firms on this transaction. Slaughter and May were retained as legal adviser and Weil, Gotshal & Manges LLP were retained as US anti-trust legal adviser to William Hill.  Linklaters LLP were retained as legal adviser, Latham & Watkins LLP were retained as financing legal adviser, Skadden Arps, Slate, Meagher & Flom LLP were retained as US anti-trust legal adviser and Phelps Dunbar LLP and Harris Hagan were retained as US and UK (respectively) regulatory legal advisers to Caesars and Caesars UK Bidco.