(Reuters) – British gambling company 888 Holdings cut the deal value for William Hill’s U.S. assets because of tough economic conditions.

William Hill’s worldwide assets have a value between 1.95 Billion Pounds ($2.55Billion) and 2.05 Billions Pounds, as the parties agree, up from 2.2 Billion when the deal first was announced last September.

Caesars Entertainment, a U.S. company that owns William Hill, bought the property in a deal worth $4 billion last year. In September, 888 offered to purchase William Hill’s assets that were not U.S.-based.

($1 = 0.7642 pounds)