William Hill expects to get the renovation work completed before the start of the NCAA’s basketball tournament which is amongst the major sporting events for the betting industry.
Recently, Circus Circus property was bought by casino mogul Phil Ruffin who also owns the Treasure Island Resort. Ruffin purchased the property in an $825 million deal with gambling and hospitality giant Caesars Entertainment. The deal was closed recently after the state gambling regulator approved the purchase.
The betting operator, revealing the renovation plans has said that it will be adding updated video screens, odds boards, seating and access to William Hill’s mobile app, kiosks and InPlay wagering.
“The north end of the Strip has so many new and updated offerings opening over the next few years and we’re excited to plant another flag in this part of town,” Asher said.
Resorts World Las Vegas is expected to open over the course of the next two years.
The entire project is expected to cost around $4.3 billion and would be up and ready by the first half of 2021. The company also plans to open Drew which is expected to cost about $3.1 billion by the Q2 of 2022.
UK-based William Hill is facing tough challenges due to stricter regulations in the domestic market. It is looking to expand in other regulated gambling markets in Europe and is trying to deepen its footprints in the expanding sports gambling market in the US.