William Hill Set to Return to Profit Following Online Overhaul

Submitted by Guest on

Written by :

Guest

Published on :

William Hill Set to Return to Profit Following Online Overhaul

The online bookmaker William Hill has improved some of its website features and anticipates a return back into the black as a result.

Chief executive Philip Bowcock has been trying to improve the quality of its online business to make it more ­appealing to users, according to the London Telegraph.

Forecasts now are calling for a rise in adjusted earnings to roughly £290m for 2017, up from £261m a year ago.

A number of heavily favored Premier League teams were also held to draws during the month of December, which should also contribute to the anticipated favourable results. 

On the negative side, the United Kingdom is currently reviewing advserse affects of profitable fixed-odds terminals with speculation that maximum stakes could be slashed from £100, at present, down to £2. 

- Aaron Goldstein, Gambling911.com

Related Content

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

Little Caesars Pizza parent company sets up a new gambling division.
Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino parent company VGW tells Gambing911.com they have operated lawfully in the U.S. for over a decade and plan to continue doing so following Kentucky AG lawsuit.
Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again
These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

Of the 18 banned individuals, four were accused of leaving children unattended in vehicles while they gambled inside.