William Hill profits plummet 91% in 2020 as pandemic impact financials

FTSE 250 operator reports growth across US and online divisions as firm hails “strong finish” to the year before Caesars takeover

William Hill has reported a 16% year-on-year drop-off in 2020 net revenue to £1.3bn, while annual adjusted pre-tax profit crashed 91% with the closure of its 1,400 UK betting shops due to coronavirus. The London-listed operator revealed statutory profits before tax of £51m and that it benefitted from a VAT refund from the UK government…

Finance | Full Year 2020 | International Division | Online | Q4 2020 | UK | Ulrik Bengtsson | William Hill