William Hill announces growth amid UK recession fears
October 20, 2008 by mbates
William Hill the United Kingdoms second biggest bookmaker has reported an increase of 9% in gross win in the 15 weeks ending October 14th in a statement today. This combined with earlier news about the recent Playtech announcement has seen an increase in the share price of William Hill of 21%.
The strongest growth Hills has seen is in online bingo and games while poker has been seen to suffer to due weak player take up which has been attributed to William Hill being built mainly on sports betting and having only a limited online gaming experience.
Shares in William Hill have hit just over 200.00 today compared to a year low on Friday of 164.25 following the global slump of the past two weeks.
