City analysts and industry commentators are eagerly awaiting William Hill’s half-year 2016 results on Friday 5 August, with company governance expected to present a strategic update focusing on reversing the firm’s declining digital performance. A tough 2016, which saw the operator issue a profit warning in Q1 burdened by higher industry taxes and an 11% net revenue decline in its digital …
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Double Whammy – William Hill signs integrity agreements with the English and Scottish FA’s
Both the English FA and the Scottish FA have announced the signing of betting integrity memorandum of understandings (MoU) with William Hill to safeguard the sport. The two separate MoU’s cover all professional football events and associated governing bodies within England and Scotland, and within the jurisdiction of both FA’s. William Hill will exchange information with the two individual governing bodies related to suspected betting …
Read More »Global Reviews – Which brands are winning the online sports betting boom?
A recent study by Global Reviews has revealed some interesting insights on the state of play of UK sports betting provider websites. The Digital Sales Effectiveness study looked at consumer behaviour and the conversion rates of bettors on the sites of some of the key industry players such as Paddy Power, Ladbrokes, William Hill, Betfair, Sky Bet, Bet365 and Coral. Over …
Read More »William Hill governance questions ‘superior value’ of a Rank & 888 consortium bid
Updating the market this morning, William Hill governance has stated that it will ‘listen to and consider’ any formal takeover offer put forward by the Rank Group and 888 Holdings consortium. At present, William Hill governance has confirmed that it has received ‘a highly preliminary approach from 888 and Rank’, regarding a potential three-way merger. The operator has further informed …
Read More »Gareth Davis – William Hill has the capabilities to overcome digital woes
Detailing further insight as to why James Henderson was ousted as Chief Executive of William Hill, Gareth Davis Chairman of the company stated that digital performance had not met board expectations. Speaking to UK business news sources, Davis detailed that William Hill’s in-house led development strategy for its mobile and digital platforms (Project Trafalgar) had met several difficulties which had …
Read More »Rank & 888 merger targets £3 billion William Hill takeover
The Sunday Times has reported that the governances of Rank Group and 888 Holdings have entered ‘relatively advanced’ negotiations to form a £2 billion merger. Rank and 888 governances are expected to issue market updates on Monday outlining merger discussions, as the UK gambling industry sees further consolidation. As yet, little is known of how the merger transaction will be …
Read More »Donald Trump is now 7/4 to become US President
Donald Trump, the defier of political traders, has been officially and formally nominated as the Republican candidate in the race for the US presidency. Trump was originally priced at odds of 100/1 by William Hill to do so. This was back in March 2015, though odds quickly tumbled to 25/1 by the end of that same month as the bets …
Read More »William Hill – Boris favourite to depart Theresa’s ‘Gang of Four’
As New UK Prime Minister Theresa May officially announced her first cabinet, UK news sources and political commentators have been surprised at the PM’s top four picks. Labelling May’s senior appointments as the ‘Gang of Four’, the PM would announce Philip Hammond as Chancellor of the Exchequer, supported by Boris Johnson as Foreign Secretary with Amber Rudd securing Home Secretary. …
Read More »William Hill takes bets on Britain not leaving the EU before 2020
William Hill has revealed that it has taken bets on Britain not leaving the EU before 2020. At present, the bookmaker is offering odds of 2/1 on Britain not fulfilling its BREXIT mandate by 2020, with William Hill further offering 4/6 odds that the UK departure will come in 2019 and 4/1 by 2018. Publishing its market, company spokesman Graham …
Read More »Murray replaces Joshua as SPOTY favourite
After winning Wimbledon on Sunday afternoon, Andy Murray has moved ahead of Anthony Joshua as the bookmakers’ favourite to win this year’s BBC Sports Personality of the Year. Murray is now 4/5 with William Hill to win the award for two years running, with Anthony Joshua at 6/1 and Welsh hero Gareth Bale at 8/1. It was also revealed that …
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