Finance

William Hill full-year profit down 37% as operator diversifies outside of UK

Profit comes in ahead of expectations at £147m despite £2 stake limit and £13m Remote Gaming Duty hit

William Hill today reported a 2% decrease in full-year revenue to £1.58bn as profit fell by 37%, albeit ahead of management expectations. Adjusted operating profit for the period reached £147m, down from £234m in 2018, due to the implementation of a £2 maximum stake limit on FOBTs in the UK. The £2 stakes, which could…

Finance | Mr Green | Regulation | Ulrik Bengtsson | William Hill

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