William Hill Now Owns 98.5% of MRG

UK-based William Hill has increased their ownership in online group MRG (formerly Mr Green) to 98.5% as they get set to take over operations of the company.

MRG is going to be rolled into William Hill's corporate umbrella sometime this month, and will cease trading on the Stockholm Nasdaq exchange on the fifteenth in advance of that takeover. The two agreed to a purchase worth £237 million in October of 2018, and passed regulatory hurdles in January. William Hill is strong in the UK, but MRG has a firm base in areas such as Sweden, Latvia, Denmark, and more. It's thought that the purchase will expand Hill's online business in those regions.

We've expressed some concern with this deal, as we don't think highly of William Hill. The company was part of a joint venture with a company that ran Joyland Casino, a site that shafted a punter out of a £4 million jackpot win. Mr Green is a great online casino, and we don't see it as being beneficial toward punters for this transaction to go through. As such, we'll be keeping a close eye on MRG and will let players know if anything changes.

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