Saturday, November 27, 2021

Tag: William Hill

New Admiral AGC approved for Basingstoke

New Admiral AGC approved for Basingstoke
Basingstoke and Deane Borough Council has approved plans submitted by Novomatic’s high street brand Admiral to convert a former William Hill in the town into a new AGC.

High street retail returns and online falls as normality resumes for Entain

Entain Ladbrokes Coral high street retail
Entain, the owner of Ladbrokes Coral and subject of recent takeover bids, has reported a rise in retail but a fall in online growth as gaming revenues trend back towards pre-covid parameters.

Clicks to bricks: 888 Holdings acquisition of William Hill’s UK retail estate agreed by Caesars

888 Holdings aquisition of William Hill retail esate
With Caesars Entertainment disinterested in keeping the part of its William Hill acquisition that includes the bookmaker’s UK retail estate, 888 Holdings has swooped in to acquire the 1,400-strong portfolio of betting shops from the US casino giant for circa £2.2bn.

William Hill’s betting shops up for sale

William Hill shops up for sale
All of William Hill’s 1,400 high street betting shops are up for grabs this summer as new parent company Caesars Entertainment looks to cash in on its unwanted assets.

Arcade plans for Inverness betting shop

Inverness AGC planning application
A former William Hill betting shop in Inverness could be reopened as an amusement arcade, if the Highland Council approves plans submitted by Intervision Gaming (UK) Limited.

Webbers approved for new Chester AGC

Webbers Leisure AGC approval
Webbers Leisure has been granted planning approval by Cheshire West and Chester Council to convert a betting shop on Chester’s Frodsham Street into a new AGC.

Will Hill retail nosedives by over 60 per cent

Will Hill retail financials
They weren’t expecting it to be good and it wasn’t: with the latest financials from national bookkeeping chain William Hill detailing company-wide like-for-like revenues down by nearly a third (31 per cent) throughout the first half of 2020, with takings across its retail division plunging by over 61 per cent.

William Hill to shut 119 betting shops

William Hill closures
William Hill is set to permanently close 119 of its UK betting shops due to the economic impact of Covid-19 on the retail environment.

Will Hill eyes £150m FOBT rebate, GVC pushes for £200m

William Hill FOBT VAT rebate
They’re queueing up at the doors of HMRC for that VAT rebate due following the Upper Tribunal’s decision to find in favour of operators over the taxman in..

William Hill retail momentum halted by lockdown

William Hill retail momentum halted
William Hill retail business was climbing its way out of a FOBT-shaped hole quite nicely until Covid-19 struck, but now the firm faces its biggest challenge yet.

William Hill flagged to “outperform” by analysts

William Hill Shop
RBC has reassessed its analysis of William Hill stock in the wake of Coronavirus, promoting the bookmaker’s share status from “sector perform” to “outperform,” based on its liquidity provisions.

William Hill suspends proposed dividend payout

william hill fobt
William Hill has suspended its proposed dividend amid warnings that the cancellation and postponement of sporting fixtures could lead to a £110m drop in..

Will Hill anticipate huge machine revenue loss

Will Hill machine revenue loss
The latest update from betting shop chain William Hill sees it struggling to catch a break, with FOBT losses continuing to punish its bottom-line amidst wider market uncertainty.

Peter Hannibal: Betting on the future

Peter Hannibal Gambling Business Group
William Hill has taken a progressive step to reposition the gambling experience and it’s not a moment too soon, states Peter Hannibal, CEO of the..

William Hill posts £63.5m H1 loss following FOBT cut

william hill fobt
William Hill posted a £63.5m loss for the first half of the year as the company adjusts to the FOBT maximum stake cut. A one-off accounting charge relating to the FOBT maximum stake reduction has seen bookmakers William Hill post a £63.5m loss for the first half of calendar year 2019. The company posted a one-off accounting charge of £97.1m mitigating...

Retail betting: What next in the numbers game?

Retail betting William Hill bookmaker
Following the announcement by William Hill that it is to close 700 betting shops, analysts have predicted it could be the start of a major bookmaker exodus

DCMS calls for mandatory levy despite £100m operator pledge

DCMS Jeremy Wright
Despite the “Top Five” UK betting operators pledging to increase their funding commitment to tackle problem gambling, the DCMS has reiterated calls for a..

UK bookmakers increase funding for problem gambling treatment

Bookmakers FOBT
Whether it’s too late in coming, it has at least finally come. The leading bookmakers have made good on their promise to raise their contribution to funding

William Hill looks to close 700 branches

william hill fobt
William Hill has announced that it has entered a consultation process that could close up to 700 of its branches. The firm is currently consulting on plans to downsize its UK estate following a "significant fall" in gaming machines revenues. A company statement read: "William Hill has entered into a consultation process with retail colleagues over plans to close around 700 licensed...

Bookmakers up problem gambling treatment funding

problem gambling
The UK’s biggest bookmakers have agreed to increase funding for problem gambling treatment to £100m over the next four years.   Owners have confirmed that they will increase their voluntary levy on gambling profits from 0.1 percent to 1 percent. The companies include Ladbrokes Coral, Paddy Power Betfair, Skybet, William Hill and Bet 365. “This is an unprecedented level of commitment and collaboration...

New clinic opens, old cash calls continue

Addiction treatment clinic london
The head of the NHS in England has berated gambling chiefs for the “fraction” they spend on addiction treatment, in the very same week that five of...

Live 5 launches Ships Bounty at William Hill

Live 5 Gaming is proud to launch the latest addition to its 'Live 5 Premium' content exclusively to William Hill. With an atmospheric, nautical theme, Ships Bounty is a premium game offering an immersive playing experience and a treasure chest of innovative features, set off by high-end animation production and a compelling soundtrack. Ships Bounty is a fantastic addition to...

William Hill: US growth and online acquisitions come to the rescue

William Hill US online growth
William Hill CEO Philip Bowcock remained positive announcing the firm’s Q119 results, highlighting two percent revenue growth. But as the real story lay beneath..

William Hill director appointed chief executive of Rank Group

John O’Reilly
Rank Group has appointed William Hill director John O'Reilly as its new chief executive, to succeed Henry Birch next month. O’Reilly brings over 25 years of experience in the betting and gaming industry. O'Reilly previously led Ladbrokes' digital operations, where he was an executive on the board and subsequently launched the Coral brand online. More recently, he was chairman of digital...

Reflex respond in confident mood to upbeat ICE

Reflex Gaming ICE Leander
Mat Ingram, Chief Product Officer at Reflex Gaming, has praised last week’s edition of ICE London for its ability to deliver what he described as ‘a continuous flow of serious gaming professionals throughout the length of ExCeL and the duration of the show.’   Reflex, which is active in both online and land based gaming verticals, used the comprehensive platform provided...

SIS chairman departs for William Hill

sis roger devlin
The Board of Sports Information Services (SIS) today announced the departure of its chairman, Roger Devlin, with effect from 31 January, 2018.   Devlin had taken the helm for nine years, and is set to become chairman at William Hill. In a statement, the SIS’s board offered its “congratulations to Mr Devlin, and looks forward to continuing to work with him...

Ladbrokes Coral and Will Hill take to battle in consultation as online revenues soars

william-hill-ladbrokes revenues
  While the amusements industry is to be kept limited in its stakes and prizes, Ladbrokes Coral and William Hill are seeing revenues rise significantly online as the bookmakers gear up for taking a “full part” in the 12 week Triennial Review consultation.   Ladbrokes Coral and William Hill have been busy updating the city recently, taking advantage of the timely opportunity...

William Hill and Gala Bingo win Playtech Awards

Coinslot - William Hill Playtech
The winners of the first two Playtech Awards of 2017 for marketing excellence and innovation of Playtech’s industry-leading products have been named as William Hill and William Hill won the Spring Playtech Award for its success in integrating and launching the Playtech Single Wallet across its sports and casino products and across all channels. Playtech claims William Hill’s UK TV...

Volatile stocks reveal FOBT maximum stake uncertainty

London-Stock-Exchange-Getty stakes
With the betting industry preparing for a £20 maximum stake on FOBTs, bookmakers shares were lifted when Barclays predicted a more generous £25 last week. However, other investors are not so confident, with GVC waiting until the outcome of the triennial review to further acquisition talks with Ladbrokes Coral.   William Hill and Ladbrokes Coral shares rose last week following Barclays...

Reflex grow by design with high profile appointments

Coinslot - Reflex appointments grow
Reflex Gaming has confirmed two new appointments to its creative team, Mike Salt and Steve Kick, who will report directly to the company’s Chief Product Officer, Mat Ingram.   Reflex Gaming has bolstered its creative team with the appointment of Mike Salt to the post of Senior Game Producer (analogue) with Steve Kick taking up the same position but with responsibility...