Caesars Entertainment is likely to see off rival Apollo before the action has properly started

As a betting event, the fun at William Hill may be over before the takeover action has properly started. A one-horse race may be in prospect.

That nag is Caesars Entertainment, which has indicated a £2.9bn, or 272p-a-share, offer and secured a “minded to recommend” nod from William Hill’s board. The other contender, US private equity firm Apollo, may never reach the starting gate.

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