August 3, 2018 / 6:28 AM / 18 days ago

William Hill half-year revenue rises, plans to expand in U.S.

Aug 3 (Reuters) - British betting company William Hill Plc on Friday posted a 3 percent rise in half-year revenue, benefiting from its online sportsbook and FIFA World Cup betting.

However, the company posted a pre-tax loss of 802.3 million pounds compared to a profit of 108.6 million pounds last year, as it took a non-cash charge of 915.9 million pounds mainly for repositioning its retail business because of betting regulatory changes in Britain.

William Hill, in a separate release, announced a plan to expand in the United States.

Reporting by Sangameswaran S in Bengaluru; Editing by Bernard Orr

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below