Tag Archives: Ulrik Bengsston

William Hill secures £224m bookbuild in less than 24-hours  

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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Swedish leadership hits back at Shekarabi’s ‘torpedo orders’

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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William Hill leadership forgoes 2020 incentives to protect retail workforce

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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Retail realities bite William Hill’s 2019 performance

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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William Hill appoints Adrian Marsh as new Group CFO

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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William Hill advances US agenda with imminent CBS Sports deal

FTSE250 bookmaker William Hill Plc is reported to be in the ‘final stages’ of announcing a forthcoming landmark US partnership with national broadcaster CBS Sports. This weekend, The Sunday Times reported that William Hill governance would imminently announce its tie-up with CBS Sports – the sports entertainment division of the newly formed ViacomCBS global media conglomerate. The partnership will see …

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UK betting leadership stands firm on collaborative approach despite media scepticism

Leaders of UK betting’s top five betting operators yesterday gave insights and opinions to the House of Lords Select Committee tasked with investigating the ‘Social and Economic Impact of the Gambling Industry’. Established in 2019, the Lords Committee continues its review of UK gambling seeking to gain valuable research and ‘reliable facts’ on unique industry factors and dynamics with for …

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New Malta hub to power William Hill’s ‘digital multi-market’ vision

FTSE250 bookmaker William Hill will move to a new multi-brand operating structure, focusing on delivering long-term international digital growth, led by new asset Mr Green’s Malta hub. Operating an expanded portfolio which has absorbed the brands of Mr Green, RedBet and further acquired igaming domains, William Hill has established a new Malta ‘integrated team’ leading expansions across established European and …

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Betsson cuts headcount to streamline group operations

Stockholm-listed European online gambling group Betsson AB has this morning informed that it will reduce its corporate headcount by approximately 160 employees as group governance seeks to ‘streamline the organisation’. Updating the market, Betsson has executed its organisational restructure across all group offices, as Betsson governance seeks to deliver annual corporate savings of SEK 50-60 million (€5-6 million). “In cooperation …

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