Finance

William Hill full-year profits fall as UK regulation bites

Operator hails “good underlying” Online performance but enhanced due diligence checks and RGD hamper growth

William Hill today announced a 2% fall in Online adjusted operating profit for 2018 after the London-listed operator continued to feel the pinch of increased regulatory and compliance costs in the UK. The bookmaker’s Online division reported operating profit of £130.2m for the 53-week period to 1 January 2019, down from £132.5m in 2017, while…

Compliance | Finance | Philip Bowcock | Regulation | Remote Gaming Duty | Responsible gambling | UK | William Hill

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