If you are like us, you probably know the very successful New Zealand Online Casino Mr Green. This gambling site was relatively recently offered a whopping$2.8 billion onor by British gaming company William Hill which aims to expand its gambling empire in the UK.

If the deal goes through, it would result in William Hill being combined with MRG's Mr Green and Redbet brands, which would improve the London-based company's position in the gambling market. This is because they would not have to rely so much on strict regulations in their home country.

The bid was valued at$ 69 per share at Mr Green, equivalent to approximately$2,819 million on the day the price closed. It is now up to the board of Directors of the green-recognizable online casino to vote on whether the deal should be carried out or not.

Some other owners in Mr Green are the third AP fund, New Zealand Handelsbanken and Avanza Pension with respectively 4.1%, 10.1% and 14.8% shareholdings. In other words, many large companies are now sitting with their fortune-telling balls when they think about whether this purchase would benefit them or not.

That's how long Mr. Green has to answer to William Hill

Onlinecasino MrGreen has until the 11th of January 2019 to decide whether they want to go through with the deal or not. At the time of writing, more than 40% of shareholders support the proposal. The Board of Directors at Mr Green recommends that the proposal be approved but it is not written in stone yet.

If the deal between William Hill and the green hat-wearing man is successful, the integration will begin no earlier than February 2019, under the leadership of Betsson's former CEO, Ulrik Bengtsson, who currently acts as digital manager at the headquarters in London.

Other consequences if the proposal goes through is that the big owner Henrik Bergquist, who has 13.5% of the company's shares in Mr Green, will be able to count on$380 million extra in his cash register – ask us if we are aware of him!

Two other people who will also get wider lips after any completed purchase are Pawlo and current CEO Per Norman who will each receive around$25 million onor. The gaming company Mr Green reported very strong results for the third quarter with almost 51% increase in revenue. Thus, it remains to be seen whether the majority of the shareholders of the New Zealand gaming company think it is worth selling away and also future income that they would lose if sold.

Of course, we'll tell you how this deal goes once something new happens in it!

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