William Hill has made the first steps into expanding into the burgeoning South American gambling landscape, building on its acquisition of Alfabet SAS to launch in Colombia. The acquisition of Alfabet was initially conducted in December 2020, in a deal which saw the then Gibraltar and UK-based operator acquire a majority stake in the company which has operated the BetAlfa.co …
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Ulrik Bengtsson has been nominated to join Raketech as the gaming performance marketing firm’s new Chairman of the Board, replacing the outgoing Christian Lundberg. Bringing considerable experience to the role, Bengtsson has a bachelor’s degree in management from Dalhousie University in Canada, and has held key positions at several major betting and gaming operators, and media companies, throughout his career. …
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William Hill Plc has branded 2020 as a ‘challenging but transformative year’, as the heritage bookmaker moved to finalise its £2.9 billion takeover by US partner Caesars Entertainment. Adjusting for the H1 closure of its UK retail betting estates, William Hill recorded a full-year net revenue decline to £1.3 billion, down 16% on corresponding 2019 results of £1.5 billion. Nevertheless, …
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William Hill CEO Ulrik Bengtsson has stood by today’s publication of the PWC report on black-market threats impacting the UK gambling sector. Commissioned by the Betting and Gaming Council (BGC) with the support of William Hill and Entain Plc – PWC’s industry report will be presented to DCMS as evidence in the department’s ongoing review of the 2005 Gambling Act. …
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As the gambling industry wakes up to the announcement that the Department for Digital, Culture, Media and Sport (DCMS) will be launching its review into the 2005 Gambling Act, the news has been largely welcomed by various different stakeholders from across the sector. The review, which is expected to result in the biggest reform of UK gambling laws since the …
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William Hill Plc has achieved its bookbuild funding target, raising £224 million in working capital for its future growth strategy, maintaining its digital growth momentum, and accelerating its US wagering partnerships. Closing trading on Tuesday 17 June, William Hill announced that it had sanctioned a new share placement for 19.99% of the firm’s existing share capital. In less than 24-hours, William …
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The Chief Executives of Sweden’s leading online gambling businesses have written to the government urging for the suspension of temporary deposit restrictions sanctioned by the Ministry of Health & Social Affairs. A letter co-signed by Pontus Lindwall (Betsson), Henrik Tjärnström (Kindred Group), Gustaf Hagman (LeoVegas), Therese Hillman (NetEnt AB) and Ulrik Bengtsson (William Hill Plc / Mr Green) – urged …
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Ulrik Bengtsson Group Chief Executive of William Hill Plc has agreed to relinquish his executive performance rewards and entitlements for 2020, in light of ongoing COVID-19 impacts on the business and its global workforce. William Hill confirmed Bengtsson’s decision publishing the FTSE250 betting group’s ‘2020 Executive Remuneration’ report this afternoon. Countering COVID-19 disruptions across its business channels, William Hill governance states …
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FTSE250 William Hill Plc has this morning published its full-year 2019 results, recording a 2% decline in group revenues to £1.58 billion (FY2019: £1.6bn). The bookmaker branded 2019 as a ‘transformative year’, in which it has restructured its three core trading divisions for online, retail and the US. Continued retail adjustments related to shop closures and redundancies saw William Hill …
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FTSE250 bookmaker William Hill has this morning confirmed the appointment of Adrian Marsh as new Group Chief Financial Officer (CFO) replacing incumbent Ruth Prior. Marsh joins William Hill’s executive leadership team from international packaging group DS Smith Plc, where he served as Group CFO during a seven-year tenure in which the company rose up the FTSE ranks, indexing as a …
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