Tag Archives: william hill

London hedge fund Parvus Asset Management has reduced its stake in William Hill Plc to 4.9% (42.4 million shares) having previously held a 9.99% interest in the FTSE bookmaker. Completing a share sale this March, Parvus significantly reduces its equity in William Hill becoming the bookmaker’s fifth largest investor. Led by Danish financier Mads Eg Gensmann, Parvus has previously served …

An underlying narrative from William Hill’s departure of the Australian market this week, was that the operator is readying itself to expand its US footprint should the US Court overturn the PASPA act this year. Since 2012 William Hill has had betting outlets in Nevada, however since the possibility of legal sports betting grew in New Jersey, the group has …

An expansion of the Silk Series has been revealed by the Arena Racing Company (ARC), with races from an extra four tracks set be encompassed into the 2018 offering. Ahead of International Women’s Day tomorrow (March 8), Goodwood, Hamilton Park, Musselburgh and York Racecourses have been announced as joining the initiative, which launched in 2017 across nine ARC tracks. The …

Oddschecker has launched the second consecutive Cheltenham Traders Tipping League, expanding this year’s tournament to 11 operators. Last year’s tournament was dominated by Coral, who ran out comprehensive winners with 141.5pts of profit, it meant that if you had staked £10 on each tip provided by the bookie, you would have ended the festival with £1415 profit. The odds comparison …

The Competition and Markets Authority (CMA) has launched a further investigation into gambling firms withdrawal procedures. Detailing “enforcement action” being launched against a “number of online gambling firms,” concerns have been raised regarding unfair obstacles that may be placed in the way of people withdrawing their money, whether that be part of promotion or not. In its statement the CMA …

 Scott Longley details why industry leaders Philip Bowcock (Group CEO of William Hill Plc) and Richard Flint (CEO of Sky Betting & Gaming) share an aligned vision and solidarity in raising industry social responsibility standards. In 2018, the betting industry has more to lose than just a punishing FOBTs judgement… ______________ William Hill has just endured one of those weeks. …

William Hill has been told “to make significant conditions to offers in their ads clear, and to ensure that they do not contradict the claims they qualified” by the Advertising Standard Authority (ASA). Reacting to a complaint made regarding a television advertisement in September of last year, a complainant challenged whether certain conditions of a promotion relating to horse racing …

William Hill’s new leadership team is confident of delivering the FTSE bookmaker’s ‘next chapter’ having closed a group-wide transformative 2017. The bookmaker’s £238 million impairment charge on the value of its Australian business, dominated industry headlines last week, as William Hill Chief Executive Philip Bowcock presented full-year 2017 results. Despite the Australian downturn, Bowcock details to investors that William Hill has undertaken …

Further to publishing its full-year 2017 results, FTSE-listed William Hill Plc has today confirmed the appointment of former Betsson AB Group President & CEO Ulrik Bengtsson to the newly created role of Group Chief Digital Officer. Bengtsson is expected to join the group’s leadership team this April and will report directly to William Hill CEO Philip Bowcock as a member …

William Hill’s decision to take a £238m impairment charge on the value of its Australian business saw the bookmaker report a pre-tax loss of £75m for 2017, but the firm is confident that the performance of the business as a whole is positive. While Group net revenue grew 7% to £1,711.1m, a total of £335.0m of exceptional costs and adjustments …