|Bid||170.15 x 0|
|Ask||170.35 x 0|
|Day's Range||169.25 - 173.35|
|52 Week Range||128.45 - 206.80|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||60.84|
|Earnings Date||Feb 28, 2020 - Mar 3, 2020|
|Forward Dividend & Yield||0.10 (5.82%)|
|1y Target Est||264.08|
British bookmaker William Hill on Thursday posted slightly higher revenue in the fourth months since its first-half results, benefiting from higher online gambling demand and its aggressive expansion in the United States. The company is focusing on its online business in light of new rules, which cut the maximum stake allowed to 2 pounds from 100 pounds on high-speed slot machines. William Hill has also closed about 700 shops and is stepping up its push in the U.S.
Acquisitions have helped GVC become one of the largest sports betting and gaming companies. Its brand diversity, strong online growth, and position in the U.S. market mean the stock could continue to rise.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of William Hill plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
The company, which serves punters through betting shops, sports books, online and mobile channels in eight countries, said overall revenue rose 2% and online revenue grew 8% as it benefited from the Sweden-based Mr Green & Co acquisition. Net revenue from the U.S. jumped 48% from operations in seven states that currently legislate and regulate sports betting. The company, which processed more than 8 billion pounds in sports wagers in 2018, has been spending aggressively to push growth and capture market share in the United States.
British bookmaker William Hill Plc reported higher revenue for the year to April 30 on Wednesday, as the success of its online business and operations in the United States offset weak retail performance ...
Moody's Investors Service ("Moody's") has today assigned a Ba1 rating to William Hill plc's ("William Hill") proposed new GBP350 million senior unsecured notes due 2026. The company's Ba1 Corporate Family Rating ("CFR"), Ba1-PD Probability of Default Rating, and Ba1 rating on existing notes remain unchanged. William Hill's Ba1 rating is constrained by (1) adverse regulatory change, in particular the Triennial Review outcome which will reduce maximum stakes on B2 machines to GBP2 from GBP100, substantially reducing revenue from gaming machines and potentially reducing total operating profits by GBP70-100 million or more.
Tiger Woods threw up his arms and joined a jubilant Masters crowd in celebrating his win Sunday, easing 14 years of injury- and scandal-related frustration since his last win at Augusta. Bettors liked Woods and sportsbooks lost big. Last Tuesday, a bettor walked into the William Hill PL/ADR (OTC: WIMHY) sportsbook at the SLS Casino in Las Vegas and put $85,000 down on an improbable Woods comeback culminating in a Masters win, at 14-1 odds.
Wins for favourites generally tend to mean a major hit for bookies taking the action on Britain's biggest horse race of the year and another major firm, Betway, called Tiger Roll's win one of its biggest blows ever. The horse's owner, Ryanair Chief Executive Officer Michael O'Leary, celebrated the second consecutive victory, the first since Red Rum in 1974, by buying drinks for all passengers on his flight home to Dublin, according to footage posted on The Sun's website on Sunday. Eleven-year-old Tiger Roll, ridden by jockey Davy Russell, had a starting price of 4/1, compared with 14/1 last year https://www.grandnational.org.uk/previous-winners.php.
The National Hockey League said on Thursday the U.S. division of UK bookmaker William Hill Plc will become an official sports betting partner of the NHL. The league will get marketing revenue from the sports book, which can use NHL brands in advertising, excluding the NHL's new puck and player data. Such commercial deals between sports leagues and bookmakers have been coming quickly since the U.S. Supreme Court ruled last May to allow states to legalize, regulate and tax sports wagering.