William Hill reported last week that online net revenue rose 26% for the 17 weeks ending Oct. 29, with a 60% jump in net revenue from the U.S. As the company continues to "benefit from higher online gambling demand" and its "aggressive expansion in the United States," retail like-for-like net revenue fell 16% in the same period.

The report comes amid last week's news that William Hill U.S. will purchase sportsbook assets of CG Technology in Las Vegas and The Bahamas.

From Reuters:

The company is focusing on its online business in light of new rules, which cut the maximum stake allowed to 2 pounds from 100 pounds on high-speed slot machines. William Hill has also closed about 700 shops and is stepping up its push in the U.S.[

Earlier this month, a cross-party group of lawmakers called for a raft of measures to overhaul online casinos including banning the use of credit cards and limiting maximum stakes in online gambling. British betting companies have been pivoting to the United States after the U.S. Supreme Court overturned a federal ban on sports betting.
Meanwhile, the Daily Mail reported that more than 1,000 betting shops have closed in the U.K. since April, at a rate of four a day, as a result of the maximum stake reduction that came into effect earlier this year.

From the article:

Betfred founder Fred Done last night said bookmakers had been left 'fighting for their lives' by a Government crackdown on addictive betting machines in April – and are being forced to scale back drastically as a result.

New laws to tackle Britain's gambling epidemic slashed the amount punters can bet on fixed odds betting terminals (FOBTs) from £100 to £2, wiping as much as 60 per cent off betting shop profits.

Analysis of company data showed bookies have shuttered 1,017 shops since the April ruling – and they have earmarked 982 more for closure by 2021. That would mean almost 2,000 of Britain's 8,423 bricks-and mortar outlets closing within a three-year period, changing the face of high streets across the country.
Read more here from Reuters: https://www.reuters.com/article/us-w...-idUSKBN1XV0PF

And here from The Daily Mail: https://www.thisismoney.co.uk/money/...-gambling.html