Saturday, August 20, 2022

Tag: William Hill

Acquisitions, ad spend spiral in race for top tier

Sports Betting US Betting firms advertising
In a scramble for customers through the 2021- 2022 sports season, US betting firms enter an escalating imperative to bulk up and splurge on advertising before winners and losers set in.

William Hill makes Colombian entry with new acquisition

William Hill Colombia market Alfabet
Having acquired a controlling stake in the Colombian online bookmaker, Alfabet, last year, the British bookie, William Hill, has finally made its first breach into Latin America.

Bartlett: “Very few see the UK market as one with any opportunity left in it”

Warwick Bartlett GBGC
Warwick Bartlett, CEO of Global Betting and Gaming Consultants, suggests that William Hill’s sale to Caesars Entertainment, and the operator’s decision to focus exclusively on the emerging US sports betting market, is symptomatic of an increasingly challenging business environment in the UK

Virtual Grand National raises £2.6m for the NHS

Virtual Grand National NHS Fundraising
British bookmakers donated £2.6m in profits to the UK’s National Health Service after the Grand National became the first televised virtual horse race

Online casinos balance boom in play with responsible messaging

online operators spike
Online operators speaking at the SBC Digital Summit explained the intricacies of making the most out a sizable spike in online casino play – while giving players the space to find their own balance.

William Hill withholds dividend as stock plummets

William Hill Financials
Already laden with debt due to shop closures in the UK and expansion in the US, William Hill may struggle to stay afloat during an ongoing retail lockdown and the suspension of sports.

William Hill US strikes media deal with CBS

William Hill US sport betting CBS
Having lagged behind its rivals in the post-PASPA betting boom, a single media deal with America’s most watched TV network looks to boost the..

Gambling Business Group: Betting on the future

GBG betting william hill
William Hill has taken a progressive step to reposition the gambling experience and it’s not a moment too soon, states Peter Hannibal, CEO of the..

Revenues stagnant in “year of transition” for William Hill

William Hill revenue
William Hill’s revenues grew by just one percent in the first half of this year, with adjusting operating profits down by 33 percent, amid regulatory..

Golden Rock to shake up the industry with Volatile Slot

Golden Rock Volatile Slot
As one of the industry’s foremost experts on game content and operational excellence following his directorship at both William Hill and Superbet, James Curwen, CEO & Founder at Golden Rock Studios, is feeling confident as the brand launches its latest slot game, Volatile Slot...

William Hill posts £63.5m H1 loss

william hill fobt
William Hill posted a £63.5m loss for the first half of the year as the company adjusts to the FOBT maximum stake cut. A one-off accounting charge relating to the FOBT maximum stake reduction has seen bookmakers William Hill post a £63.5m loss for the first half of calendar year 2019. The company posted a one-off accounting charge of £97.1m mitigating...

Will Hill goes native in New Mexico

William Hill team up New Mexico
William Hill has teamed up with a Native American tribe to tap into new territories in the South West. The British bookmaker’s US division has formed..

Will Hill, Betfair ads appear in Looney Tunes app

Looney Tunes app Advertising
The Advertising and Standards Agency found that gambling ads from four UK operators were cropping up in Looney Tunes World of Mayhem - an app with a 7+..

William Hill looks to close 700 UK locations

william hill fobt
William Hill that it could close up to 700 branches by the end of the year. The firm is currently consulting on plans to downsize its UK estate following a "significant fall" in gaming machines revenues. A company statement read: "William Hill has entered into a consultation process with retail colleagues over plans to close around 700 licensed betting offices. "This follows the...

UK Bookmakers increase funding for problem gambling

problem gambling
The UK’s biggest bookmakers have agreed to increase funding for problem gambling treatment to £100m over the next four years. Owners have confirmed that they will increase their voluntary levy on gambling profits from 0.1 percent to 1 percent. The companies are Ladbrokes Coral, Paddy Power Betfair, Skybet, William Hill and Bet 365. “This is an unprecedented level of commitment and collaboration...

William Hill adds exclusive Live 5 title

william hill fobt
Live 5 Gaming has announced that the latest addition to its 'Live 5 Premium' content - Ships Bounty - will be exclusive to William Hill. With an atmospheric, nautical theme, Ships Bounty is a premium game offering an immersive playing experience and a treasure chest of innovative features, set off by high-end animation production and a compelling soundtrack. Ships Bounty...

British bosses at odds over sport sponsorship

Football Sponsorship
As GVC’s Kenny Alexander announces he will unilaterally pull all ads and sponsorship from British sport, while challenging others to do the same, rival..

William Hill to double profits by 2023

william hill fobt
William Hill has reiterated its goal of doubling its profits over the next four years - despite almost simultaneously posting a loss of £721m for 2018. The embattled British bookmaker is betting big on the unfolding of…

BoyleSports bucks trend to enter UK retail market

BoyleSports has confirmed it is seeking to establish a UK retail presence in the first quarter of 2019, expanding its network of 250 Irish betting offices. The bookmaker will look to complement its UK igaming license with a high-street portfolio, acquired from

William Hill steps back trackside betting in 82 stall sale

WILLIAM HILL, HORSERACING, racing, sports betting
William Hill has confirmed the end of its 84-year UK trackside presence, following the sale of its on-course betting point network. In a deal with Racecourse Pitches Limited, which operates under the independent bookmaker Sid Hooper, the 82 racecourse...

Sky’s the limit for William Hill with Golden Entertainment expansion

William Hill has announced a sports betting partnership with US casino operator Golden Entertainment, expanding its reach into Maryland and Montana, as well as broadening its extensive Nevada offering. The 100 locations already managed by the British bookmaker in the Silver State will be bolstered by five Golden Entertainment properties, including the Stratosphere Casino, with the agreement set to be...

William Hill looks to US after £900m FOBT adjustment

With UK revenues increasingly tricky to come by, William Hill’s CEO Philip Bowcock says the US could one day become its largest market. In the meantime however, success across the pond is essential, if only to stand still. Success in America…

William Hill strikes gold with Eldorado

William Hill
With the UK retail market stagnant in the wake of government regulation, William Hill has set its sights across the Atlantic in a major distribution agreement with Eldorado. William Hill has confirmed a partnership with US casino operator…

William Hill bullish on multi-state strategy

William Hill
William Hill’s CEO Philip Bowcock has said the firm has already invested “mid-to- high single-digit” millions of dollars in a multi-state operational strategy across the US. Having recently secured the rights to operate the sportsbooks for Monmouth Park and Ocean Casino in Atlantic City, the British bookmaker could be taking bets in early June. In an earnings call Bowcock said Mississippi...

British business hobbled by gaming review

Matt Hancock
Asides from the Department for Culture - the self-proclaimed victor in its decision to cut machine stakes and raise online gaming tax - the industry laments that no company, sector or sport will be better off as a result. It’s fair to say the UK’s review of machine…

London-listed gaming firms embroiled in pay revolts

London Stock Exchange
Top executives in the most successful UK-listed gaming firms have faced a backlash from their shareholders over the amount they are paid. Playtech endured a revolt in May over the firm remuneration report which included a 78 percent pay rise for the CEO Mor Weizer.

Anticipation of SCOTUS ruling drives attendance at GiGse

Ewa bakun GiGse sports betting SCOTUS ruling
Ewa Bakun, who leads the team responsible for curating the 2018 edition of GiGse believes that this year's confirmed speakers are the key decision makers likely to shape the future of the regulated sports betting market in the United States...

British bookies race for compliance after Will Hill fine

william hill australia horse racing
Gambling businesses in Britain are running out time to get their houses in order, as a record £6.2m money-laundering fine is handed down to William Hill - marking the first of potentially many more penalties for AML negligence. British bookmaker William Hill received the second largest fine in Gambling Commission history in February after “systemic failures” were identified in its...

William Hill mulls sale of Australian arm

william hill australia horse racing
William Hill expects 11 percent profit growth from 2017, but new restrictions down under mean the group is considering the sale of its once-lucrative Australian division.   British bookmaker William Hill has said it is considering selling its Australian division amid tightening regulations in the $18bn market. Will Hill Australia makes up around seven percent of the group’s overall revenue - or...

Reflex respond in confident mood to upbeat ICE

Reflex Gaming ICE Leander
Mat Ingram, Chief Product Officer at Reflex Gaming, has praised last week’s edition of ICE London for its ability to deliver what he described as ‘a continuous flow of serious gaming professionals throughout the length of ExCeL and the duration of the show.’   Reflex, which is active in both online and land based gaming verticals, used the comprehensive platform provided...