William Hill was founded by William Hill in 1798. It sold its first online bookmaker for PS700 million to Cinven and CVC Partners. The company later floated on the London Stock Exchange for PS1 billion. The bookmaker is still one of the biggest betting sites in the world, but there is more competition now. It has over thirty sports to bet on. Some niche sports are not available in every market. Political bets are not allowed in the United States, and New Jersey residents cannot place bets on college games or Garden State teams.
After a turbulent period of the 1970s, William Hill made a move to London, where the company was publicly listed. The bookmaker sold parts of its stock to the public for PS5 million, enabling the company to expand and diversify. In the 1960s, Williamhill donated a church to his daughter, Kathleen Lavinia, to commemorate her legacy. In 1963, the church was restored and refurnished.
William Hill grew his business rapidly. In 1951, he sold his shares in his bookmaker to the Holder’s Investment Trust, becoming the first bookmaker to be publicly traded. From 1955 to 1961, he sold portions of his shares for more than PS5 million. In 1960, he dedicated a church in his hometown of Birmingham to his daughter Kathleen Lavinia. This church was later rebuilt and refurnished.
In the 1960s, William Hill launched William Hill Online. In October, the company partnered with Monumental Sports