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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A 48-year-old European player on William Hill has become a millionaire after scooping the largest ever progressive jackpot on a Playtech Age of the Gods™ slot game. The anonymous male, who was spinning just $1 per spin, was rewarded with an additional $3,000 bonus following his $997,690 jackpot win on Age of the Gods: King of Olympus™. Since being launched …
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The Labour Party maintaining its ‘heartland seat’ of Stoke-on-Trent, may have seen Jeremy Corbyn avoid complete political disaster last week. However, Labour’s leader still has a daunting task ahead of him if he is to stand as official Party representative for the next General Election. Growing unrest in ‘camp Labour’ regarding leadership has led to senior party officials denying numerous …
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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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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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The Sunday Times has this weekend reported that London hedge fund Parvus Asset Management (Parvus) is lobbying for a 2017 sale of William Hill. Headed up by Danish financier Mads Eg Gensmann, Parvus is currently William Hill’s biggest investor with a 14% shareholding. The Sunday Times reports that Gensmann has been pushing William Hill governance for number months on the …
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In a week, in which Britain has veered ever closer towards a ‘hard Brexit’, as the bill triggering Article 50 cleared the UK House of Commons, it appears that Jeremy Corbyn is at his lowest point as Labour Party Leader. A disastrous week has seen Labour Shadow Business Secretary Clive Lewis, once a key backer of Corbyn resign from his …
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Given its reputation for monetisation and global reach, it is no surprise to see the Premier League following in the footsteps of La Liga, Ligue 1 and the Chinese Super League by accepting sleeve sponsors from the start of the 2017/18 season. It has been suggested that the top clubs could bring in £10 million per season from this new …
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The report from the gaming analysts at UBS which pulled the rug from under the share price of William Hill this week doesn’t pull its punches when it comes to the near-term future for the high-street bookmakers. The team at UBS suggest that retail operating profits could decrease by an average of 40 percent depending on what the upcoming Triennial …
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Following yesterday’s decision by the UK Supreme Court that the UK government cannot trigger Article 50 without the consent of Parliament, bookmaker William Hill has lengthened its odds on the UK beginning its EU exit negotiations’ before the end of March, the target date specified by Prime Minister Theresa May. Updating its ‘Article 50 deadline’ market William Hill has moved …
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