William Hill’s Nevada License is Delayed


05/06/2012
By Maria McCoyGoogle

William Hill’s efforts to secure a casino games license in Nevada have been delayed, in spite of expectations that lawmakers would vote in May on the issue. The British bookmaker has sought licensure after purchasing three sports betting companies in Las Vegas last year.

Top online casino game regulators expected that William Hill’s application would be included in the May agenda but it is not. Reports have circulated that the delay to vote comes from the Nevada Gaming Control Board’s desire to investigate further into two issues - Robin Chhabra, William Hill's head of strategy and corporate development, as well as the company's ties to Playtech in Israel.

The Guardian reported that Chhabra, who was at a time responsible for Nevada acquisitions, was fined approximately $150,000 by the Financial Services Authority after he shared “confidential information” with a friend. Chhabra is not expected to play a management role with the new acquisitions.

Nevada regulators are also looking into William Hill’s link with the Israeli online casino games company, Playtech. Teddy Sagi, the company’s founder has a forty percent ownership stake. What concerns the Nevada regulators is that he was convicted of fraud and bribery in 1996.

Members of the Nevada Gaming Control Board were unavailable for comment.

John English, senior vice president of business development and public affairs for American Wagering, a company affiliated with William Hill stated, "it is not uncommon for licensing delays to happen. This is part of the normal process and proves the Gaming Control Board is taking their time and being thorough. We expect William Hill to be a great asset to Nevada.”

 

 


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