|Bid||0.00 x 50500|
|Ask||267.80 x 126000|
|Day's range||249.20 - 253.12|
|52-week range||239.10 - 312.80|
|PE ratio (TTM)||13.34|
|Forward Dividend & Yield||0.16 (5.18%)|
|1y target est||N/A|
British finance minister Philip Hammond has blocked government attempts to curb high-stakes gambling machines commonly found in betting shops in order to preserve tax revenues, the Daily Mail newspaper reported on Saturday (Shenzhen: 002291.SZ - news) . Britain's ministry for culture, media and sports, which regulates the gambling industry, launched a consultation in October into the maximum wagers that should be allowed on gambling machines, including those known as fixed-odds betting terminals. The Daily Mail cited a government source as saying Britain's finance ministry feared this would be "financially crippling" for tax revenues, and separately said Hammond had acted to ensure a clampdown on maximum gambling stakes was shelved.
An improved performance from its online business helped British bookmaker William Hill Plc (Frankfurt: 633847 - news) to post a rise in first-half revenue, sending its shares up sharply. William Hill, which in March named a new chief executive and a finance boss, said revenue rose 3 percent to 837 million pounds ($1.1 billion) in the first half of the year and also nudged up its interim dividend by 4 percent. For William Hill, a stronger online business marks a clear recovery from a year ago when it fired its previous chief executive for not making enough progress in the sector.
Britain's largest bookmaker Ladbrokes (Amsterdam: LB6.AS - news) Coral Group said it expected to find higher savings from last year's merger and reported a small increase in first-half group net revenue. The group, created by the merger of Ladbrokes and Gala Coral last year, increased its guidance for annual savings from the deal to 150 million pounds ($197 million) from 100 million pounds. Ladbrokes said first-half total operating profit is expected to be within the range of 153.3 to 158.3 million pounds and that it remained on course to meet expectations for the full year results.
** William Hill -4 pct at lowest level in a year ** Investec downgrades stock to "sell" from "hold", cites credit betting ban in Australia, a change in revenue mix in Australia and ...
** UK gambling companies William Hill, Ladbrokes down 2 pct as hung parliament could cause regulatory uncertainty to linger over sector, analysts write ** Gambling companies have been bracing for regulatory ...
British bookmaker William Hill Plc (Frankfurt: 633847 - news) , which in March named a new chief executive and finance head, on Tuesday reported a 16 percent rise in online net revenue for the 17 weeks to April 25 after product improvements helped it to attract more customers. Group total net revenue was up 9 percent, with the strongest increase coming from Australia. Steady growth in online comes as a welcome respite for the company which has been struggling to keep pace with rivals in that part of the business.
British bookmaker William Hill Plc , which in March named a new chief executive and finance head, on Tuesday reported a 16 percent rise in online net revenue for the 17 weeks to April 25 after product ...
William Hill Plc (Frankfurt: 633847 - news) named Ruth Prior as chief financial officer on Thursday as its new chief executive builds a team to try to lift the British bookmaker's fortunes after a run of weak results. Prior will join later this year from Worldpay, where she is now chief operating officer and previously held the post of deputy CFO, the gambling company said. The appointment comes weeks after William Hill named previous CFO Philip Bowcock as its new chief executive officer.
British bookmaker William Hill PLC named Ruth Prior as its new chief financial officer on Thursday. Prior will join the company from Worldpay where she is currently chief operating officer and was previously ...
British bookmaker Ladbrokes Coral Group defended betting terminals on Tuesday as speculation of a government crackdown on the profitable gambling machines sent its shares lower despite a 22 percent jump in annual operating profit. The company, created when Ladbrokes (Amsterdam: LB6.AS - news) joined forces with Coral in a $3.4 billion merger last year, said operating profit rose to 264 million pounds ($333 million), helped by growth in its digital and European retail businesses. Shares (Berlin: DI6.BE - news) in the company were down 1.7 percent at 133p by 1015 GMT, with attention shifting to a government review of fixed-odds betting terminals due by the end of May.
British bookmaker William Hill Plc (Frankfurt: 633847 - news) said it was set to name a new chief executive shortly and expected a stronger performance in 2017 after operating profit fell by 10 percent last year. The betting chain has been without a permanent chief executive since losing patience with James Henderson last July because he was failing to deliver enough growth in online and international gambling. The Financial Times reported this week that interim CEO Philip Bowcock was poised to be confirmed in the role.
Britain's blue-chip index broke fresh records on Monday, pushed up by rallying resource stocks and a weak sterling. The FTSE 100 touched a new record high of 7,243.76 points, then settled at 7,237.77 points, ...
British bookmaker William Hill Plc said annual operating profit would fall to 260 million pounds ($316.7 million), the bottom of its forecast range, blaming "customer friendly" horse racing and soccer results in December. The decline in earnings is another blow to the gambling company as it searches for a new chief executive and after a number of rivals joined forces to increase competition in the sector. As recently as November 14 the company had forecast that operating profit would be at the higher end of the 260-280 million pound range.
Britain's top stock index recorded its biggest weekly rise in five months, with a late boost on Friday when Sky shares surged by more than 25 percent on a takeover approach from Twenty-First Century Fox. ...
Britain's top share index rose slightly on Friday, putting it on track for its best week since July, led by shares in health care and consumer staples companies, but a rally in bank stocks faltered. The ...
LONDON, Dec (Shanghai: 600875.SS - news) 8 (Reuters) - Britain should drastically reduce the amount of money gamblers can stake on fixed-odds betting terminals to tackle addiction and associated crime, a group of lawmakers said on Thursday. A fixed odds betting terminal is a touch screen machine found in betting shops that allows players to bet on the outcome of various games such as roulette with fixed odds. Introduced 15 years ago, the machines have become a lucrative business for high street betting shops and helped them to survive despite the growth of online gambling.