|Bid||0.00 x 50500|
|Ask||190.00 x 126000|
|Day's Range||172.89 - 176.85|
|52 Week Range||148.25 - 339.80|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 1, 2019|
|Forward Dividend & Yield||0.13 (7.55%)|
|1y Target Est||264.08|
The British Horseracing Authority, the sport’s governing body, says there will be no resumption until Wednesday at the earliest while tests are conducted on thoroughbreds across the country. On Saturday, the BHA identified the flu strain as “Florida Clade 1,” which is endemic to North and South America. The BHA’s chief regulatory officer, Brant Dunshea, told Sky News the equine flu outbreak in Australia in 2007 brought racing to a halt in Melbourne -- home of the country’s biggest race -- for a week, and disrupted races for “much longer” in other parts of the country.
An outbreak of equine flu means the sport remains shut down, as it has been since Thursday. Governing body, the British Horseracing Authority, says there will be no resumption until Wednesday at the earliest while tests are conducted on thoroughbreds across the country. For bookmakers William Hill Plc, Paddy Power Betfair Plc, and Ladbrokes owner GVC Holdings Plc, the cancellations are a blow, though maybe not a major one.
The company had cut its profit forecast in November due to tightening regulations at home, particularly on lucrative fixed-odds betting terminals (FOBTs), and warned of more losses in the United States. William Hill said 2018 adjusted operating profit from continuing operations would be 234 million pounds, slightly higher than company-supplied analyst estimates of 232.2 million pounds. Profit was lower in its retail business due to tough high-street conditions and the offering would be remodelled in 2019 as Chief Executive Officer Philip Bowcock looks to make the firm a "digitally-led international business", the company said.
By Helen Reid LONDON (Reuters) - European shares bounced on Tuesday after China signalled more stimulus measures to soften the blow from a tariff war with the United States, triggering relief in trade-sensitive ...
Cherry Chairman Morten Klein is part of the bidding consortium, hence the role of the committee. Cherry shares, which trade on the Nasdaq Stockholm, jumped 18.3 percent to 85.8 crowns, just shy of their record high from late November. It also noted that a number of Swedish institutions had announced they would distance themselves from the sector following changed investment mandates and new directives regarding sustainability.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of William Hill plc (LON:WMH) as an investment opportunity by taking the Read More...
LONDON/PARIS (Reuters) - UK business lined up to help Prime Minister Theresa May sell her draft Brexit agreement but continued to plan for Britain to crash out of the European Union without a deal as May fought for her political survival on Friday. "This agreement is only a draft," Rolls Royce Chief Executive Warren East told BBC radio. Europe's largest aerospace group, Airbus (AIR.PA), is working on the assumption of a no-deal Brexit, according to a staff memo seen by Reuters.
British bookmaker William Hill Plc suspended betting on the year that Prime Minister Theresa May will leave office, it said on Friday, amid speculation that she will face a confidence vote as she defended her draft Brexit deal. "After the press conference on Thursday night, we thought Theresa had probably saved her job, but that is perhaps no longer the case," William Hill spokesman Rupert Adams said in a statement. "It's almost impossible for us to predict what's going to happen," Adams told Reuters by phone, explaining that due to the uncertainty, the bookmaker was not able to price the different outcomes.
Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.
Britain will bring forward a planned cut to the maximum stake on fixed-odds betting terminals by six months to April 2019, culture minister Jeremy Wright said in a statement to parliament on Wednesday. Earlier this month sports minister Tracey Crouch resigned, accusing the government of delaying to October the planned cut to the maximum stake from 100 pounds to just two pounds. Wright said a planned increase in Remote Gaming Duty, paid by online gaming operators, would also be brought forward to April to cover the negative impact on the public finances.
Britain's culture minister will set out further details later on Wednesday on the government's planned cut to the maximum stake on fixed-odds betting terminals (FOBTs), Prime Minister Theresa May said. The government is facing a defeat on its budget legislation in parliament next week after many lawmakers from May's own Conservatives backed an amendment which would force it to bring forward the timing of the cut from October to April next year.
"In three years time, we should clearly see the U.S. being profitable," Chief Executive Philip Bowcock told Reuters, adding higher advertising costs for the company's mobile platform would hit earnings for 2-3 years. William Hill has earmarked about 120-130 million pounds for 2019 to fund its U.S. expansion. William Hill reiterated its expectation to shut about 900 UK shops, which could result in loss of about 4,500 jobs.
European shares dipped on Tuesday as investors continued to harshly punish companies that missed expectations like Pandora, William Hill and Morrisons, while caution prevailed ahead of the U.S. midterm congressional elections. British gambling firm William Hill slid 6.3 percent after it warned regulatory and tax changes would hit online profit this year and next. Supermarket group Morrisons fell 3.8 percent, on track for its biggest one-day fall since March, after its quarterly sales growth slightly lagged forecasts.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines William Hill places bet on online gaming group Mr Green ...
By Helen Reid LONDON (Reuters) - European shares rallied on Wednesday as a tumultuous October drew to a close and strong results from L'Oreal, Sanofi and banks Standard Chartered and Santander soothed ...
The deal would combine William Hill with MRG's Mr Green and Redbet brands and reduce the London-based company's reliance on Britain as regulations are tightened in its home market. William Hill shares rose more than 8 percent by 0930 GMT on the back of a deal that comes after European gambling companies had been looking to expand across the Atlantic as U.S. states ease curbs on betting. MRG shares soared 47 percent to 68.40 Swedish crowns, close to the offer price of 69 crowns.