William Hill Lower Results at Wagering Shops

William Hill Gambling NewsWilliam Hill, the UK based gambling operator and bookmaker stated that the Olympic games had a negative impact on the retail wagering shops of the company in August. Despite this disappointment in the retail chain, things changed with the good performance that resulted from the football events including Euro 2012 that took place in July and the forty-two percent increase in internet earning in the 3rd quarter of this year.

The chief executive of the company, Ralph Topping stated that the Paralympics & Olympic Games grabbed the attention of the public and the sports gamblers but it resulted in a decrease in the retail customer visits. The company also issued its financial report for the third quarter of 2012 that witnessed a lot of surges and a positive growth in its profit and revenue. This report coincides with the news that Sportingbet, the Paradise Poker company is supporting the latest bid that was offered by William Hill and GVC, its European partner, in a deal that valued Sportingbet at over four-hundred pounds.

William Hill also announced several changes in the management of its online branch following its announcement that it seeks total control over the online venture by buying out Playtech’s shares as Playtech has a minority stake in WHO (William Hill Online). WHO is considered as one of the most successful online ventures in the business and this is why William Hill is planning to buyout Playtech’s share to have total ownership of the venture.


October 25, 2012 by : posted in Gambling News No Comments