Originally started by Tom Waterhouse, the business was sold to William Hill in 2013 for a whopping AUD $34 million, with the takeover officially completed in 2014.
Since the takeover, TomWaterhouse.com has continued to operate as per normal under its new ownership, however customers are now being notified by email that their accounts will be transferred in full to WilliamHill.com.au, including all winning credits, account details and personal information.
In order to complete the changeover, TomWaterhouse.com customers must log in to their existing online betting accounts and follow the prompts.
Once the accounts are transferred, new arrivals are being awarded a $10 bonus bet.
It is expected that the merger will be finalised by early March.