WMH.L - William Hill plc

LSE - LSE Delayed price. Currency in GBp
139.00
-2.30 (-1.63%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Previous close141.30
Open142.30
Bid140.70 x 0
Ask140.95 x 0
Day's range139.00 - 143.40
52-week range28.63 - 206.80
Volume3,397,229
Avg. volume9,615,108
Market cap1.215B
Beta (5Y monthly)1.71
PE ratio (TTM)N/A
EPS (TTM)-3.10
Earnings date06 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend date23 Apr 2020
1y target est264.08
  • Upbeat broker recommendations for William Hill
    Stockopedia

    Upbeat broker recommendations for William Hill

    The William Hill (LON:WMH) share price has risen by 30.6% over the past month and it’s currently trading at 134.7. For investors considering whether to buy, ho...

  • Reuters - UK Focus

    Irish horseracing to return without spectators from June 8

    Horse racing will be allowed to resume in Ireland without spectators on June 8, the government said on Friday, with face coverings mandatory for jockeys and temperature tests for all key personnel on entry. With racing in neighbouring Britain set to resume on June 1 and meetings in France already underway this week, Irish Prime Minister Leo Varadkar said he wished to move in line with those markets, conscious of the economic value of the industry. "This is a big economic sector worth nearly 500 million euros ($540 million) to the economy each year and because people won't be able to travel to race meetings, the amount of movements happening will be very limited," he told a news conference.

  • Coronavirus: William Hill revenue down 57% as it loses £15m a month
    Yahoo Finance UK

    Coronavirus: William Hill revenue down 57% as it loses £15m a month

    William Hill shares soared 10% as it said online gambling had suffered less than expected from cancelled sports events and its US expansion continues.

  • What does the future hold for the William Hill share price?
    Stockopedia

    What does the future hold for the William Hill share price?

    The William Hill (LON:WMH) share price has risen by 39.2% over the past month and it’s currently trading at 112.6. For investors considering whether to buy, ho8230;

  • Are these stocks worth a bet in the market crash? Here’s what I think
    Fool.co.uk

    Are these stocks worth a bet in the market crash? Here’s what I think

    Jabran Khan looks into the investment viability of these entertainment and gambling companies, and whether they are worth a gamble in this market crash.The post Are these stocks worth a bet in the market crash? Here’s what I think appeared first on The Motley Fool UK.

  • Why the William Hill share price looks like a good bet to me right now
    Fool.co.uk

    Why the William Hill share price looks like a good bet to me right now

    The William Hill share price has dropped 75% since 2016. Is now finally the time to buy back into the London-based bookie?The post Why the William Hill share price looks like a good bet to me right now appeared first on The Motley Fool UK.

  • Alibaba, Tencent Pour Cash Into India’s Gambling Loopholes
    Bloomberg

    Alibaba, Tencent Pour Cash Into India’s Gambling Loopholes

    (Bloomberg) -- Watching cricket and playing rummy are online passions for hundreds of millions of Indians, fueling a nascent gaming industry on the verge of quadrupling its revenue. That’s attracting attention from some of Asia’s biggest internet companies.Tencent Holdings Ltd., Alibaba Group Holding Ltd. and SoftBank Group Corp. are investing hundreds of millions of dollars in Indian apps that use loopholes in anti-gambling laws -- some dating to the colonial era -- to offer bettors cash prizes, vacations to Macau and new iPhones.About 300 million players use apps such as Dream11, Play Games24x7, Paytm First Games and FanFight to gamble on “fantasy cricket” and rummy card games -- a player base expected to at least double by year’s end. Industry sales are forecast to reach about $3.3 billion by 2024, prompting India’s richest man, Mukesh Ambani, to say the business eventually will surpass that of music, movies and TV shows combined ($12 billion).“India is sweetly positioned to exponentially grow the gaming industry,” said Vishal Seth, a managing director overseeing mergers and acquisitions for Protiviti India. “The online platform has a very strong outlook considering India has the world’s largest youth population and the second-largest internet penetration.”On top of that, they need something to do after the government imposed a nationwide lockdown through May 3. Some of the cricket faithful may shift to games such as rummy because the sport’s 2020 season is suspended as part of that lockdown.While e-commerce and video streaming are gaining in popularity, online gaming is considered a better business proposition because the individual transactions are immediately profitable. That’s because operators don’t have to invest much in building up logistics, inventory or content.Asia’s Richest Man Sees Online Gaming as Next Big Thing in IndiaThe boom is driven by Indians who prefer vying for cash and prizes as a better use of their online time than watching movies or playing video games that don’t offer any rewards.Lingaraj MK, a 29-year-old software engineer, said he started playing rummy online on a whim and eventually earned a free trip to Hong Kong and $3,500 in cash.“My parents used to scold me for playing rummy,” he said. “After I won the cash prize, they started encouraging me to play more and would ask me when the next tournament is.”More than a third of India’s 1.3 billion people are internet users, and most of that is via budget smartphones with cheap data-usage plans. Before the coronavirus outbreak crushed the global economy, the local smartphone market was growing at a 10% rate.As much as 90% of gaming in India happens on phones, said Girish Menon, head of media and entertainment for KPMG in Mumbai.“That is attractive to Alibaba and Tencent because their entire ecosystem is developed around mobile phones,” Menon said. “The time spent on gaming is far higher than any other form of entertainment.”The country also offers something that mainland China does not: a form of legalized gambling.National bans date to 1867, but India’s constitution allows state governments to place games outside the prohibitions if they are recognized as being based on skill and not just chance.The recognized games include rummy and fantasy sports, in which participants pay a fee to assemble a fantasy team of professional players and then win cash or prizes based on how those players perform in real-life games.U.S.-based DraftKings Inc. and London-based William Hill Plc run similar businesses covering numerous sports, but in India, one sport stands above the rest: cricket. The professional Indian Premier League, which plays a faster version of the traditional game, is valued at an estimated $6.8 billion, with investors including Fox Corp. Chief Executive Officer Lachlan Murdoch and billionaires Ambani and Kalanithi Maran.“Cricket is not just a sport in India, it’s a religion,” says the website of Dream11 Fantasy Pvt., a fantasy sports platform with 80 million users that’s backed by investors including Tencent. During last year’s IPL championship match, its users created more than 10 million fantasy teams.Mumbai-based Dream11, which advertises as the official fantasy game of the IPL and the National Basketball Association, declined to comment. Dream11 reached a $1 billion valuation last year, according to CB Insights.Tencent, China’s largest gaming and social-media company, also declined to comment. The Shenzhen-based company will tap into the experience it gained during the early days of China’s internet usage, said Vey-Sern Ling, an analyst for Bloomberg Intelligence.“Tencent already has a strong portfolio of games that it can roll out in India,” Ling said, citing collaborations with Activision Blizzard Inc., Supercell Oy and Riot Games Inc. “Online games carry high margins, so they can be profitable from the start.”To be sure, the national government could reverse course and either close that loophole, shutting off a revenue stream that KPMG said grew by 42% last fiscal year from a year earlier, or change the mix of approved games, said Utkarsh Sinha, managing director at Mumbai-based Bexley Advisors.“Whether those gains remain sustainable is yet to be determined,” he said.Alibaba’s lottery subsidiary AGTech Holdings Ltd. and SoftBank digital payments subsidiary Paytm jointly back Paytm First Games, an app offering 200-plus games, including Fantasy Cricket, rummy and poker, which some in the industry refer to as “real money games.”The app, unveiled in 2017 as Gamepind, has raised more than $35 million from investors, Chief Operating Officer Sudhanshu Gupta said. Real money gaming makes up more than 40% of all revenue earned by games, he said.“Mobile gaming is what has led the revolution in India,” Gupta said.Immersive ExperiencePlay Games24x7 touts its RummyCircle as India’s top-grossing game. The company’s backers include New York-based Tiger Global Management, which declined to comment.Play Games24x7 co-founder and Chief Executive Officer Bhavin Pandya said he expected his Mumbai-based company to triple its revenue because India’s younger gamers want a more immersive experience than movies or TV shows can provide.“The world is becoming very interested in the potential of gaming in India,” Pandya said. “It is only a matter of time before we see true gaming success stories coming out of India.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • An Intrinsic Calculation For William Hill plc (LON:WMH) Suggests It's 34% Undervalued
    Simply Wall St.

    An Intrinsic Calculation For William Hill plc (LON:WMH) Suggests It's 34% Undervalued

    Does the April share price for William Hill plc (LON:WMH) reflect what it's really worth? Today, we will estimate the...

  • Forget a Cash ISA! Now is a great time to pick up bargain shares
    Fool.co.uk

    Forget a Cash ISA! Now is a great time to pick up bargain shares

    I think the recent bear market has left lots of company shares very cheap. Fertile ground for investors with a Stocks and Shares ISA. The post Forget a Cash ISA! Now is a great time to pick up bargain shares appeared first on The Motley Fool UK.

  • What to watch: Bank of England meets, UK retail sales, US jobless data
    Yahoo Finance UK

    What to watch: Bank of England meets, UK retail sales, US jobless data

    A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.

  • William Hill incoming CFO decides against move amid coronavirus uncertainty
    Reuters

    William Hill incoming CFO decides against move amid coronavirus uncertainty

    William Hill announced earlier in February that Adrian Marsh, Finance Director at DS Smith, would join the company later in the year and help steer it through regulatory hurdles in its home market. Ruth Prior, who is currently serving her notice period at William Hill and was also set to make a move to the private equity sector by joining Element Materials Technology, will continue in the CFO role.

  • Coronavirus: UK companies slash dividends by £500m in one day
    Yahoo Finance UK

    Coronavirus: UK companies slash dividends by £500m in one day

    Stagecoach, Go-Ahead, Kingfisher, and ITV were among 10 UK listed firms who collectively slashed shareholder dividends by more than £500m.

  • William Hill: how will its share price perform?
    Stockopedia

    William Hill: how will its share price perform?

    Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;

  • Gambling companies reel as coronavirus means most sports bets are off
    Reuters

    Gambling companies reel as coronavirus means most sports bets are off

    The owners of gambling brands Paddy Power, Betfair, Ladbrokes and William Hill warned on Monday of a big hit to earnings because of an unprecedented shutdown of global sports events caused by the coronavirus, hammering shares across the sector. Flutter Entertainment Plc, which operates the Paddy Power and Betfair brands, estimated that it would face a 90 to 110 million pound ($111 million-$136 million) impact on full-year earnings if curbs on sports fixtures remained in place until the end of August. GVC Holdings Plc, owners of the Ladbrokes betting shop chain, said its full-year core earnings may be reduced by 130-150 million pounds because of fewer sports fixtures.

  • Reuters - UK Focus

    Earnings dip at Paddy Power parent Flutter in line with guidance

    Flutter agreed in October to buy Toronto-listed TSG in a $6 billion share deal that is set to create the world's largest online betting and gambling company by revenue upon its expected completion in the second or third quarter of 2020. Earnings across betting firms have been squeezed by the imposition of betting tax increases across developed markets such as Britain, Ireland and Australia, where Flutter made most of its 2.1 billion pounds in revenue last year.

  • What to watch: Smirnoff-owner's £325m coronavirus hit, William Hill's £10m credit card ban, and Frankie & Benny's owner closes restaurants
    Yahoo Finance UK

    What to watch: Smirnoff-owner's £325m coronavirus hit, William Hill's £10m credit card ban, and Frankie & Benny's owner closes restaurants

    A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.

  • Reuters

    William Hill sees further hit from UK credit card ban, bets on U.S. gains

    The UK government last month banned the use of credit cards to place bets, following up on moves to slash maximum stakes on popular high-speed slot machines as it seeks to combat gambling addiction. Britain's industry regulator is also considering putting limits on the amount consumers are allowed to bet online after a cross-party group of lawmakers called for a raft of measures to overhaul online casinos. The gambling firm, which takes around 5% of its online UK deposits through credit cards, said it expects the credit card ban to hit adjusted operating profit by another 5 million to 10 million pounds ($6.50-$12.99 million).

  • Reuters - UK Focus

    William Hill profit sinks 37%, near top end of forecast

    William Hill posted annual profit at the top end of the company’s expectations on Wednesday as a recent round of favourable sporting results for the British bookmaker boosted results at the end of a year hit by the closure of hundreds of its high street shops. The company, which recently struck an online deal with CBS Sports, said adjusted operating profit from existing operations fell 37% to 147 million pounds ($191 million), following the implementation of the 2 pound stake limit on slot machines.

  • William Hill names DS Smith's Adrian Marsh as CFO
    Reuters

    William Hill names DS Smith's Adrian Marsh as CFO

    Marsh will join William Hill later this year, taking over from Ruth Prior whose departure was announced last month. William Hill has aggressively expanded into the United States, and recently announced a digital partnership with CBS Sports, giving the British betting firm a platform for brand promotion and access to customers of the U.S.-based company. British betting companies have been pivoting to the United States after the U.S. Supreme Court overturned a federal ban on sports betting, while proposed regulatory curbs in the UK are posing a challenge to gambling firms at home.

  • Is William Hill plc's (LON:WMH) ROE Of 8.1% Impressive?
    Simply Wall St.

    Is William Hill plc's (LON:WMH) ROE Of 8.1% Impressive?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • What to Watch: Flybe woes, Nissan-Renault 'solid', Huawei tensions
    Yahoo Finance UK

    What to Watch: Flybe woes, Nissan-Renault 'solid', Huawei tensions

    A daily overview of the top business, market and economic stories you should be watching today in the UK and abroad.

  • What to Watch: Traders bet on rate cut, economy shrinks in November, and William Hill profit boost
    Yahoo Finance UK

    What to Watch: Traders bet on rate cut, economy shrinks in November, and William Hill profit boost

    A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.

  • Bookmaker William Hill forecasts annual profit above estimates
    Reuters

    Bookmaker William Hill forecasts annual profit above estimates

    William Hill, which has aggressively expanded into the United States, said its U.S. division's fourth quarter was bolstered by growth in wagering and that it expects to break-even as compared with its previous view of a range between no-profit and a loss of $20 million. Retail business generated profit above its guided range as sporting results were above the long-term gross win margin range. The company said full-year adjusted operating profit for 2019 from continuing operations is expected to be in the range of 143 million pounds ($186.14 million) to 148 million pounds.

  • Here's What William Hill plc's (LON:WMH) ROCE Can Tell Us
    Simply Wall St.

    Here's What William Hill plc's (LON:WMH) ROCE Can Tell Us

    Today we'll look at William Hill plc (LON:WMH) and reflect on its potential as an investment. To be precise, we'll...

  • What to Watch: UK public borrowing soars, Royal Mail woes and William Hill shakeup
    Yahoo Finance UK

    What to Watch: UK public borrowing soars, Royal Mail woes and William Hill shakeup

    A daily overview of the top business, market and economic stories you should be watching today in the UK and abroad.

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