|Bid||145.35 x 50500|
|Ask||145.15 x 126000|
|Day's range||141.85 - 147.65|
|52-week range||128.45 - 311.60|
|Beta (3Y monthly)||0.76|
|PE ratio (TTM)||N/A|
|Earnings date||9 Aug 2019|
|Forward dividend & yield||0.12 (7.47%)|
|1y target est||264.08|
* European shares end higher, up 0.3% * Infineon slumps to Sept 2016 lows after Cypress deal * Kier drops 41% after profit warning * Wall Street edges higher, June 3 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Reach him on Messenger to share your thoughts on market moves: rm://firstname.lastname@example.org EUROPE BOUNCES BACK, DEFENSIVES IN DEMAND, INFINEON -8% (1604 GMT) After suffering their worst monthly performance since January 2016, European stocks started June on a better footing with the STOXX 600 index managing to shake off initial weakness and end up 0.3% on the day, while most other indexes also ended in positive territory.
The company, which serves punters through betting shops, sports books, online and mobile channels in eight countries, said overall revenue rose 2% and online revenue grew 8% as it benefited from the Sweden-based Mr Green & Co acquisition. Net revenue from the U.S. jumped 48% from operations in seven states that currently legislate and regulate sports betting. The company, which processed more than 8 billion pounds in sports wagers in 2018, has been spending aggressively to push growth and capture market share in the United States.
A William Hill advert that invited users of dating app Tinder to bet their way out of the ‘friend zone’. Photograph: Joe Raedle/Getty ImagesA William Hill advert that invited users of dating app Tinder to bet their way out of the “friend zone” has been banned for linking gambling to sexual success.The Advertising Standards Authority (ASA), which has upheld a string of complaints against gambling firms this year, said the message breached the code governing the promotion of gambling.The advert read: “Stuck in the friend zone? You won’t be for much longer if you use this Cheltenham free bet offer” and included a link to download the company’s smartphone app.Being “stuck in the friend zone” is a term used to describe a situation in which one person wants to start a relationship with someone who prefers to keep things platonic.Gambling adverts must not “link gambling to seduction, sexual success or enhanced attractiveness”, according to the UK code of non-broadcast advertising, which is overseen by the ASA.In its response to the regulator, William Hill claimed it intended to imply that by signing up to the offer, customers would be taking their relationship with the company to the next level, rather than becoming more attractive to potential sexual partners. It has since removed the advert.“Upon reflection, [William Hill] agreed that it had the potential to be interpreted differently, but it was not their intention to link gambling to sexual success,” the ASA said. “They had removed the ad and were in the process of conducting a full review of existing content on the platform.”Tinder told the ASA it had reviewed the advert to judge whether it was socially irresponsible, offensive or aimed at minors and did not find that it was.The ASA said it upheld the complaint because it “suggested that those who gambled would be more likely to develop a friendship into a sexual relationship and therefore linked gambling with sexual success”.William Hill said: “We took on board the ASA ruling and immediately removed the advert in question.”Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDeskThe ASA has taken a tougher stance on gambling adverts in recent months. An advert for a Monopoly-themed online casino game was banned by the regulator over concern that use of the board game’s familiar cartoon mascot – Rich Uncle Pennybags – might appeal to children.Last month it also banned a Paddy Power TV campaign featuring the brother of Ryan Giggs, the former Manchester United player and current manager of the Welsh national team, for glamorising gambling as a route to a wealthy lifestyle.In April, the regulator caught five gambling firms, including Aston Villa’s sponsor Unibet, breaking strict rules that ban them from targeting children with online betting ads.
Wins for favourites generally tend to mean a major hit for bookies taking the action on Britain's biggest horse race of the year and another major firm, Betway, called Tiger Roll's win one of its biggest blows ever. The horse's owner, Ryanair Chief Executive Officer Michael O'Leary, celebrated the second consecutive victory, the first since Red Rum in 1974, by buying drinks for all passengers on his flight home to Dublin, according to footage posted on The Sun's website on Sunday. Eleven-year-old Tiger Roll, ridden by jockey Davy Russell, had a starting price of 4/1, compared with 14/1 last year https://www.grandnational.org.uk/previous-winners.php.
Think of William Hill and you probably think of the bookmaker's traditional high street betting shops or, perhaps, the Sports Book of the Year award it set up 30 years ago and has sponsored ever since. If Philip Bowcock gets his way, though, you might soon start to think of a UK gaming company that has expanded very successfully in the United States. The William Hill chief executive wants the US to become an increasingly important part of the business following a decision by the US Supreme Court, in May last year, to finally overturn a federal ban on sports betting.
The National Hockey League said on Thursday the U.S. division of UK bookmaker William Hill Plc will become an official sports betting partner of the NHL. The league will get marketing revenue from the sports book, which can use NHL brands in advertising, excluding the NHL's new puck and player data. Such commercial deals between sports leagues and bookmakers have been coming quickly since the U.S. Supreme Court ruled last May to allow states to legalize, regulate and tax sports wagering.
Betting companies with operations in Gibraltar on Spain’s southern flank worry Madrid will restrict land access to the tiny British territory when the U.K. leaves the European Union. GVC Holdings Plc and William Hill Plc have more than 1,400 employees on the rocky peninsula, which has long been an international betting hub because it had a legal framework for gambling before the U.K. mainland and more favorable taxes. Competing claims over the territory have caused tension between Spain and Britain for three centuries.
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William Hill has plunged into the red and blamed the fallout from the anticipated introduction of a £2 maximum stake on fixed odds betting terminals (FOBT) next month. The company said the huge loss was largely due to an exceptional charge of £883m linked to the government’s decision to reduce the maximum stake on FOBTs from £100 to £2. The government announced plans to tighten the rules around the betting machines, which have been dubbed the “crack cocaine of gambling”, last year in a bid to curb gambling problems.
British betting companies have been pushing into the United States market because of tighter regulations at home and after the U.S. Supreme Court decided to overturn a federal ban on sports betting. William Hill has put money into a digital launch in New Jersey and has started operations or expanded in six states, and the investments resulted in a net adjusted operating loss of 33.2 million pounds in 2018.
** Shares of William Hill Plc down ~2.7 pct after co reported lower FY adjusted operating profit, hurt partly by higher costs to expand in the U.S. ** Co's outlook for 2019 is in line with market expectations ...
British bookmaker William Hill Plc reported lower full-year adjusted operating profit on Friday, hurt partly by higher costs to expand in the U.S. Adjusted operating profit fell to 233.6 million pounds ...
An outbreak of equine flu means the sport remains shut down, as it has been since Thursday. Governing body, the British Horseracing Authority, says there will be no resumption until Wednesday at the earliest while tests are conducted on thoroughbreds across the country. For bookmakers William Hill Plc, Paddy Power Betfair Plc, and Ladbrokes owner GVC Holdings Plc, the cancellations are a blow, though maybe not a major one.
New figures suggest an even tougher year ahead for retailers - unless they can radically rethink how we shop.