William Hill plc (WHI.F)
- Reuters
UK's William Hill warns of profit hit on local lockdowns as revenue slips
The company, which is set to be acquired by U.S. casino operator Caesars Entertainment, estimated that shutting 100 shops for four weeks due to further local lockdowns would reduce core earnings by around 2 million pounds ($2.60 million). The betting firm said that around 10% of its betting shops are located in regions where the local COVID-19 alert level is classified as "very high" according to the government. While net revenue was down 9% for 13 weeks ended Sept. 29, the drop was lower than the 32% fall it posted for the first-half, with growth in the United States cushioning the decline.
- Yahoo Finance UK
Markets to focus on US presidential debate, global manufacturing PMIs and China data
As ever the twin issues of coronavirus, amid tighter local restrictions, and Brexit drama are sure to keep investors on their toes.
- Motley Fool
3 Top Sports Betting Stocks to Buy in October
Sports betting is gaining traction in the U.S., and the players available to invest with are starting to become clear.
