William Hill predicts lower full-year profit as UK regulation bites

Hills says its Online business is feeling the effects of “adverse regulatory and tax changes”, with profit expected to be reduced by £20m in 2018

William Hill Online’s profit is expected to fall by £20m in 2018 and a further £25m next year as the operator continues to feel the pinch of UK regulatory changes, including an increase in Remote Gaming Duty. In a trading update this morning, the London-listed bookmaker said its digital division would not return to “strong…

Finance | Philip Bowcock | Regulation | Remote Gaming Duty | Tax | UK | William Hill