William Hill Pulls Out of ChinaPublished August 20, 2013 by OCR Editor
Online gambling giant pulls out of Asia's largest market for foreseeable future.
William Hill is withdrawing its online gambling services from the Chinese market for "the foreseeable future." The company said the decision, which also affects Macau, Hong Kong and Taiwan, was based on regulatory issues "beyond our control."
Hill Exits China
In a message to affiliates last week, Hill said that it was suspending all accounts for mainland China, Macau, HK and Taiwan from August 19. It clarified that from this date, members based in those locations would not be able to use their account to access Hill's online sportsbooks or gaming rooms.
The message continued, "Bettors will be able to check their accounts and withdraw any outstanding balance at any time, unless we notify you otherwise in the future, by logging in, selecting "My Account" and then "Withdraw" to request a return of their outstanding balance.
One Market Closes, Another Opens
As the Chinese online gambling market closes its doors, the world's largest economy in the United States is slowly opening its own. William Hill US, which is one of many global online gambling powerhouses looking for a share of US market, just marked its first time as title sponsor of the Haskell Invitational horse race.
In Nevada, where online gambling is well and truly under way, Hill has launched a promotion related to the upcoming NFL season. The 1 st and $10,000 promo promises $25,000 in free wagers through the company's Nevada only mobile betting app. 10 users will win $1k on opening weekend, while the rest of the cash will be spread throughout the season.