5th of May 2009 Author: Ava Jackuard
The expanded online gambling services offered by UK Internet and land gambling group William Hill plc delivered an impressive rise in revenue of 50 percent, the company revealed this week in releasing its Q1 2009 numbers.
The growth on the Internet side contrasted with telephone betting gross win, which declined by 31 percent due to cancelled race meetings and increased competition.
Company spokesmen said first-quarter trading had been resilient, and that the firm had benefited from favourable horse-racing results in April, which helped offset the impact of race meeting cancellations, down a third due to bad weather. Football betting and gaming machines continued to produce strong performances.
Revenues overall were up by 6.5 percent and retail gross win increased by 2 percent in the 17 weeks to April 28. Over-the-counter gross win fell by 5 percent however, reflecting the cancellations and customer-friendly wager results in March.
Chief executive Ralph Topping said: "Although the economic and competitive environment remains challenging, our results show continuing resilience. Integration of our online business is progressing, with an encouraging increase in the number of customer accounts."
General Gambling News
28th of February 2009
23rd of February 2009
23rd of May 2015
17th of May 2015
2nd of April 2015
23rd of April 2015
15th of May 2015
21st of April 2015
23rd of March 2015
Disclaimer Contact Us Privacy Gambling Help About Us Site Map
LatestCasinoBonuses.com © 2006-2015
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
100% up to $1000 PLUS 25 free spins! Sponsored by ClubUSA Casino, US OK.
View more information here