..

William Hill Profit Boosted By Online Bets

Written by:
Aaron Goldstein
Published on:
Jan/19/2011
William Hill

William Hill reported Wednesday that operating profits are set to be at the top end of forecasts.  Strong growth occurred during the first three months of 2010 thanks mostly to a surge in online betting activity.  Online revenue grew by a quarter compared to the same period in 2009.

The bookmaker said full-year operating profits would be about £275m, up from £258.6m in 2009.

"This is strong performance and I am delighted that, in particular, our online business and the gaming machines in our shops continue to see encouraging revenue growth during [the period]," said the group's chief executive Ralph Topping.

Shares in William Hill rose nearly 8 percent following the announcement.

- Aaron Goldstein, Gambling911.com

Business/Financial News

CoinGeek Live Presents: Cashless Casinos: How Bitcoin Technology Offers A Better & Safer Gaming Experience

Live from studios in both New York and London experts from the iGaming industry gather to talk about the way forward for the casinos across the world. The conference will, naturally, be virtual but it is far more than just ‘Zoom-heads’ on a black background. This panel will not only offer interaction and questions form delegates but also be broadcast live from The Manhattan Studio (NYC) and Kennington Studios (London) from 10:15am EST on Friday, October 2nd. 

No Retail Crypto-Wide Bull Run Likely for Rest of 2020

No Retail Crypto-Wide Bull Run Likely for Rest of 2020

Joel Birch, co-founder of automated crypto investing platform Stacked, says crypto prices may still be weighed down by a difficult global economic atmosphere.  His remarks come as the Covid-19 pandemic continues its stranglehold across the globe with a second surge now occurring in Europe.

How Can I Bet Online From South Africa Using Bitcoin

How Can I Bet Online From South Africa Using Bitcoin

Many folks opt to gambling online with sites licensed outside the country of South Africa using Bitcoin and other cryptocurrencies.  Bitcoin transactions take place in under a few hours and are even available during weekends, all with extremely low fees.  It is important to stay clear of the so-called “Bitcoin Revolution South Africa”.

How Can I Bet Online From Holland Using Bitcoin

How Can I Bet Online From Holland Using Bitcoin

Many folks opt to gambling online with sites licensed outside the country of Holland using Bitcoin and other cryptocurrencies.  Bitcoin transactions take place in under a few hours and are even available during weekends, all with extremely low fees.

What is the Easiest Way to Buy Bitcoin Over the Internet?

What is the Easiest Way to Buy Bitcoin Over the Internet?

LocalBitcoins.com is an easy way to trade bitcoins person-to-person in an easy, fast, and secure way worldwide, most countries.

Syndicate