Jan 21, 2019

William Hill: scrappy spanks giving

British bookies rather than gambling-averse Puritans are eyeing opportunities in the US. William Hill is one such refugee. Operating profits fell 15 per cent last year, it said in an update on Monday. Some of the shortfall will be made up, but the consensus is for a 30 per cent fall in operating profit this time next year. About 4 per cent would be in line with recent payout history. At the current price, that would be 7 pence per share, down from the current 13 pence.

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