Tag Archives: william hill

New William Hill CEO James Henderson believes that the UK’s biggest bookmaker is well placed ahead of the introduction of the point of consumption licensing later this year. Speaking at the firm’s interim results, Henderson was quite bullish about Hill’s position, certainly compared to some of its competitors. He commented: “I think the numbers are strong. The underlying growth, even …

William Hill has closed 70 shops since the budget and intends to close another 12 shortly, according to the bookmaker’s interim report. HM Treasury’s announcement of an increase in MGD from 20 per cent to 25 per cent from 1 March 2015 saw the bookmaker pledging to close 109 outlets in order to absorb the higher taxation costs, and the …

William Hill has announced a 26% drop in profits after tax to £98.6m for the first half of the year, although net revenue over the period increased by 7% to £805.2m. Group operating profit was 2 per cent lower at £176.9m, which the bookmaker said reflected the impact of more customer-friendly results year on year, particularly in the first quarter. …

Financial Stock brokers and corporate advisors Numis Corp have suggested that William Hill and Paddy Power explore a potential merger. A Numis Corp statement on Tuesdays London fianancial trading, indicated that the conditions in the sports betting and gambling market, could see the potential merger of Paddy Power and William Hill. “This would create a much more attractive investment than …

An industry analysts is being cautious on the performance of  William Hill ahead of the bookmaker’s interim results on Friday. Nicholas Batram of Peel Hunt said that he expects first-half EBITA to fall to around £172.1 million, largely due to retail’s poor performance. Given the industry has struggled in the first half of the year, with sporting results favouring the …

Inspired Gaming Group (Inspired), the leading supplier of SBG Video Lottery and Virtual Sports products, today announces it has signed a five-year extension to its long-term partnership with William Hill for the supply of server-based video lottery gaming machines and Virtual Sports. The new contract also includes over 4,000 additional Eclipse cabinets in William Hill’s 2,400 licensed betting offices. The premium …

William Hill has appointed Tom Waterhouse, as Chief Executive Officer of William Hill Australia. Waterhouse is expected to take charge of the bookmakers Australian igaming division by the end of the July. The operator had been seeking to appoint a CEO for its Australian operations, former Sportingbet Australia Managing  Director Michael Sullivan had been overseeing regional operations for the bookmaker. …

Henry Birch, Rank Group’s recently appointed CEO, has recruited former William Hill colleague Colin Cole-Johnson to head up Rank Group’s digital gaming division. Cole-Johnson will be in charge of Rank digital assets for Mecca Bingo and Grosvenor Casinos, plus potential future brands. Cole Johnson joins Rank as former director of igaming for William Hill, representing Henry Birch first significant appointment, …