Business
March 27, 2020
William Hill Snubbed By Incoming CFO Citing Industry Uncertainty
A weird turn of events happened Thursday, when UK-based gaming operator William Hill announced the company would have to look for a new Chief Financial Officer. The person chosen for the job decided to remain put in his current role in the cardboard maker company DS Smith, due to the uncertainty in the economic environment […]
Casino
March 26, 2020
William Hill’s Asher Backs Employees, Donates Entire Salary
The latest example of goodwill comes from William Hill’s boss, Joe Asher, who has donated his salary to help the company’s employees at a time of uncertainty brought on by the coronavirus outbreak. William Hill Foundation Created to Support the Company’s Employees William Hill US CEO Joe Asher has started an employee fund to help […]
Business
March 22, 2020
UK Government Forces Temporary Closure Of Betting Shops
Betting shops in the UK are closing down for a period of two weeks, after the latest set of unprecedented guidelines to combat the outbreak of coronavirus /Covid-19/ spread put them in the group of non-essential businesses, alongside casinos, cafes, pubs, leisure centers, cinemas, and museums, that were asked to stop operations with immediate effect. […]
Business
March 17, 2020
William Hill Expects “Material” Covid-19 2020 Revenue Impact
A third company from the gambling industry, William Hill, within the space of several days has issued an update to its customers, employees and investors, regarding the ongoing effects of the coronavirus outbreak and the measures it has undertaken to mitigate impact on the company financials. “These are truly unprecedented times but William Hill has […]
Business
March 15, 2020
Alzheimer’s Society: A £2M “Grave Error Of Judgement”
The Alzheimer Society, a charity organization in the UK aming to help people with dementia sustain their normal activities for as long as possible, has been heavily criticized after it has partnered with the William Hill Foundation, in a coordinated effort to make betting shops “safe heaven” for its people. William Hill will have to […]
Legal
February 28, 2020
UK Gambling Commission Imposed A £3M Fine To Mr Green For Systemic Failures
Mr Green, the company that was acquired by William Hill in 2019, has been fined £3 million by the UK Gambling Commission for systemic failings to address measures related to preventing money laundering and instilling a safer gambling environment. The Malta-based Mr Green /MRG/ is the ninth gambling company to be penalized with a fine […]
Business
February 27, 2020
William Hill Sets Out Plans For Future Growth And Expansion
William Hill outlined its plans for further development by focusing on growing revenue through improving its operational efficiency and utilizing economies of scale, supported by a highly competitive customer service complemented by the introduction of an agile team. Technology Innovation After revealing its 2019 financial results yesterday, William Hill explained its strategy built around continuous […]
Business
February 26, 2020
William Hill Retail Division Performance Impacts 2019 Results
William Hill reported today its 2019 fiscal year financial results, with net revenues down 2% year-on-year to £1.6 billion and underlying operating profits on the red 37% to £147 million, mainly due to rising operating costs stemming from increased investment. Retail Stake Limit Hit William Hill was most affected by the implementation of the £2 […]
Business
February 25, 2020
William Hill Secures Tribal Gambling Market Access In Michigan
William Hill becomes the next sports betting operator to ensure entry into the forthcoming Michigan market by signing a long-term agreement with the Grand Traverse Band of Ottawa and Chippewa Indians /GTB/. Legislation Only two months have passed since in December 2019 State Governor Gretchen Whitmer approved HB 4311, creating the Lawful Internet Gaming Act […]
Business
February 14, 2020
Scientific Games and William Hill Partnership Extended
Scientific Games announced today that they have agreed with the UK-based sports book provider, William Hill, on a four-year extension of their partnership deal that allows the betting company to use igaming solutions in the UK and European markets. If Something Works, Do Not Change It According to the deal, Scientific Games will continue to […]