Tag Archives: FTSE

Positive start sees William Hill confident of delivering on 2017 targets & projects

SBC News Positive start sees William Hill confident of delivering on 2017 targets & projects

The governance of FTSE-listed bookmaker William Hill Plc is confident of meeting 2017 corporate expectations following a ‘positive start’ to the year. Issuing a trading update (17-week period to 25 April), William Hill reported a period growth in wagering and net revenues across all core divisions. Updating investors, the company expects its group net revenues to be 9% up on …

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Potential Brexit impacts see 888 assess Gibraltar operations

GBGA

FTSE250 operator 888 Holdings (888) is considering alternatives to Gibraltar as its operational centre, should the British Overseas Territory be negatively impacted or restricted by Brexit. The governance of 888, are the first industry stakeholders to publicly view Brexit as a potential ‘future risk’ for its operations. Publishing its 2016 annual report, 888 detailed that Gibraltar’s current licensing remit remains …

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Industry eagerly awaits Ladbrokes Coral 2016 results

FTSE-listed Ladbrokes Coral will be the last ‘industry giant’ to declare its full-year 2016 performance this Tuesday 28 March, as city analysts await the maiden financial results of the newly enlarged enterprise following its £2.3 billion merger closure last November. Updating the market this January, Ladbrokes Coral governance detailed that full-year 2016 operating profits would be in-line with merger expectations …

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Enlarged GVC Holdings posts full-year 2016 profits of €93.8 million

SBC News Enlarged GVC Holdings posts full-year 2016 profits of €93.8 million

The governance of GVC Holdings (GVC), finishes its first year as a FTSE-listed enterprise declaring 2016 as a ‘transformative year’ for its business, in which the enlarged operator has successfully integrated the acquired assets of bwin.party Entertainment. Presenting its full-year 2016 results, GVC would declare combined ‘pro-forma’ group wagering of €4.5 billion. Its high wagering levels were driven by an enlarged …

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Itai Frieberger – 888’s technology dynamics will meet future consumer multi-faceted demands

SBC News Itai Frieberger - 888's technology dynamics will meet future consumer multi-faceted demands

Presenting investors 888 Holdings full-year 2016 financial results, Chief Executive Itai Frieberger has stated that following a ‘fantastic year’, 888 now enters a crucial period in its existence as the company vows to compete in a ‘multi-faceted arena’. Updating corporate shareholders, Frieberger detailed that 888’s 82% profit increase was a testament to the firm’s governance strategy, focusing on a ‘continued …

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Philip Bowcock takes full leadership of William Hill Plc

SBC News Philip Bowcock takes full leadership of William Hill Plc

The William Hill board of directors has this morning confirmed that acting Interim-CEO Philip Bowcock has been promoted to the position of Group Chief Executive Officer, taking on full leadership duties of the FTSE-listed betting operator. The official appointment of Bowcock as CEO, sees William Governance end its + 8-month search for a replacement to former leader James Henderson who …

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Breon Corcoran – Paddy Power Betfair considering all options to build a Global Legacy

SBC News Breon Corcoran - Paddy Power Betfair considering all options to build a Global Legacy

Breon Corcoran has told Paddy Power Betfair (PPB) investors and the media that his company will not shy away from corporate acquisitions, as he expects further consolidation within the global gambling market. Speaking to investors following the presentation of PPB’s full-year 2016 results, Corcoran detailed that PPB governance was keeping an eye on market M&A activity, despite undertaking the integration …

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William Hill pushes for three-point recovery plan in 2017

SBC News William Hill pushes for three-point recovery plan in 2017

William Hill governance has this morning published its full-year 2016 financial statement, in what has been a tough year for the FTSE-listed bookmaker, having to revise its corporate forecasts twice in one year due to higher costs and unfavourable sports results. Closing its 2016 performance, William Hill governance posted a group revenue rise of £1.6 billion in-line with 2015 results. …

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William Hill board to promote Philip Bowcock to Group CEO

SBC News William Hill board to promote Philip Bowcock to Group CEO

The Financial Times has reported that William Hill governance will announce the promotion of Chief Financial Officer and ‘interim’ CEO Philip Bowcock to the corporate leadership position of Group Chief Executive this Friday. Bowcock who joined the FTSE operator in November 2015 from UK Cinema chain Cineworld Group, has been acting as interim William Hill leader following the departure of …

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Strengthened Playtech focuses on customer ‘lock-in’ for 2017

SBC News Strengthened Playtech focuses on customer ‘lock-in’ for 2017

Declaring its full-year 2016 performance, the governance of FTSE-listed Playtech Plc has stated that the firm will now concentrate on a ‘locking-in’ strategy having boosted its sports betting services and added new gaming inventory to its client portfolio. Posting its full-year 2016 financial summary, Playtech would declare increased corporate revenues of €708 million up 12% on corresponding FY 2015’s €630 …

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