Ian Chuter, former group operations director at both William Hill and Betfair, has joined Playtech as a strategic advisor with a specific remit focusing on gaming, sports betting and M&A. Chuter, who has more than 25 years’ experience in the gaming industry, will join Playtech on November 2 following a four and a half year period at Betfair where he was …
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Weekend business news reports that UK sports betting operator William Hill are set to replace outgoing CEO Ralph Topping with current Director of Operations James Henderson. UK business news wire This is Money, reported that after months of strategic evaluation the bookmaker is ready to announce James Henderson as incoming CEO for the UK’s leading biggest sports betting operator. The …
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UK bookmakers have reacted to yesterday’s government announcement which let local authorities limit the number of betting shops on Britain’s high streets. Betting shops will now be treated differently to other UK retailers, as betting shop planning applications will be subject to far more scrutiny by local authorities. Industry reaction to the announcement has garnered a mixed response by UK …
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Two weekends of winning favourites on the football has severely impacted William Hill’s Q1 figures, with the bookmaker announcing a 14% drop in operating profit for the period. The two weekends of ‘unfavourable sporting results’ saw a 25% drop in operating profit for the firm’s retail business and a 6% drop in its online sportsbook. However the firm also marked …
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William Hill chairman Gareth Davies has described the task of finding a like-for-like replacement for CEO Ralph Topping as ‘impossible’. With Topping looking to take retirement next year, it has fallen to Davies to head up the search for his successor and it is something that he ‘really goes to town on’. Speaking with CITY AM, Davies said that Topping …
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Ralph Topping may have his sights set on retirement next year, but he is still setting targets for his company for long after he has left. The William Hill CEO told investors last week that the bookmaker should see 35-40% of its revenues come from its international operations by the end of 2017/beginning of 2018. International operations current supply 15% …
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William Hill has posted a slight loss after tax for 2013 (down 2 per cent to £226.5m) but the underlying trends in the business indicate a company still on the up. Net revenue for the whole company was up 16% to £1.49bn with Retail Net Revenue up 8% to £907m and online Net Revenue jumping 10% to £446.3m. Operating profit …
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UK gambling operators have come together to support the recent launch of the Association of British Bookmakers (ABB) Code for Responsible Gambling and Player Protection. The code will come into action on the 1st of March 2014, and will look to bring new best practices for better protection of UK betting and gambling customers. The newly designed code implemented by the ABB, …
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