Results 1 to 6 of 6
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Location
    Newton, MA
    Posts
    3,090
    Thanks
    138
    Thanked 1,063 Times in 661 Posts

    Default William Hill profits hit by 'customer friendly' results

    William Hill said in a press release on Monday that its profits will be at the low end of forecasts following "unfavourable" football and horseracing results.

    The U.K. bookmaker said it had been hit by "customer friendly" results at the back end of last year, cutting profits by about £20 million. As a result, its operating profit for 2016 was about £260 million:

    Philip Bowcock, Interim CEO, commented: “Importantly, the improvements we saw in wagering in Online and Australia in the second half have continued in recent weeks. However, all four divisions saw customer-friendly results at the back end of the year, which translated into profits being c£20m below our prior expectations. With key underlying trends continuing to be positive, the recent run of sporting results have not changed our confidence in a better performance in 2017.”
    Here is a link to the entire press release: https://www.williamhillplc.com/newsm...ing-statement/

    Here's a story from BBC: http://www.bbc.com/news/business-38553040

  2. #2
    Pokerface's Avatar
    Pokerface is offline Public Member
    Join Date
    August 2016
    Posts
    372
    Thanks
    44
    Thanked 219 Times in 135 Posts

    Default

    This will be an interesting article to follow to see if "customer friendly" results will help drive traffic and wagering over the next few months. Thanks for sharing.

  3. #3
    DanHorvat's Avatar
    DanHorvat is offline Private Member
    Join Date
    November 2008
    Location
    Actual location may vary.
    Posts
    1,488
    Blog Entries
    1
    Thanks
    956
    Thanked 976 Times in 587 Posts

    Default

    Justice is served.

  4. #4
    PromoteCasino is online now Private Member
    Join Date
    June 2013
    Location
    London
    Posts
    706
    Thanks
    531
    Thanked 309 Times in 211 Posts

    Default

    Can anyone guess who they are going to screw to claw back some wonga !!!!
    Betting Offers in the UK - Latest offers and bonuses from reputable UK bookmakers.

  5. #5
    DanHorvat's Avatar
    DanHorvat is offline Private Member
    Join Date
    November 2008
    Location
    Actual location may vary.
    Posts
    1,488
    Blog Entries
    1
    Thanks
    956
    Thanked 976 Times in 587 Posts

    Default

    With LAC just behind the corner...

  6. #6
    allfreechips's Avatar
    allfreechips is offline Private Member
    Join Date
    August 2010
    Location
    Ohio - The taxing state
    Posts
    773
    Thanks
    83
    Thanked 448 Times in 259 Posts

    Default

    Maybe that's why they screwed me on commissions? no more money lol!
    Allfreechips online casino guide offers online casino reviews from our members. Also our exclusive No Deposit casino bonuses are always up to date. See the latest slot machine reviews at Hotslot and exclusive no deposit casino bonuses as well with a good dose of daily online gambling news

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •