Retail

William Hill has claimed wagering growth across all four of its divisions in the first half of 2017, although profit before interest and tax was 11% lower than the corresponding period in 2016. However, given that there was some revenue growth (3% to £837.0m) against last year’s figures which had been boosted from the Euro 2016 tournament, and adjusted operating …

Presenting its Q2 2017 trading update (period ending 30 June), New York-listed international lottery and gambling systems provider IGT Group Plc, has detailed that currency impacts have affected group wide metrics. Updating the market, IGT would declare period group ‘consolidated’ revenues of $1.2 billion down 5% on corresponding Q2 2016’s $1.285 billion.   The company detailed that the decline was …

FTSE-listed bookmaker William Hill is set to open its new technology and marketing dedicated office at ‘The Avenue’ on Tottenham Court Road in Central London. The bookmaker will move its technology development and online marketing operations within the new building operated by commercial real-estate developer Exemplar and property investment firm Ashby Capital. The Avenue a 30,000 sq ft office building, …

New York-listed US Casino group Boyd Gaming Plc (Boyd) is confident of hitting its 2017 full-year corporate targets and expectations, following its best ‘quarter results’ in nearly ten years. Updating investors of Q2 2017 results (period ending 30 June), Boyd reported a 10% uplift in group new revenues to $599 million (Q2 2016: $544 million). Driven by enterprise growth across …

International private equity firm Z Capital Partners has informed that it has acquired the Sports Information Group (SIG), operating company of horse racing publisher the Daily Racing Form. The terms of the transaction were not disclosed by stakeholders, but it was informed that the acquisition had been officially carried out by a Z Capital affiliate. SIG operates legacy international racing …

Following yesterday’s announcement by the British Phonographic Industry (BPI) of the twelve UK contemporary music albums making the finals of this year’s Mercury Music Prize, Ladbrokes has placed UK Grime artist Stormzy as 7/2 favourite to win the coveted award. Should the BPI Mercury jury award Stormzy’s ‘Gang Signs & Prayer’, the South London rapper will become the second UK …

UK Sports Minister Tracey Crouch has praised national sports bodies for responding positively and ‘working to become compliant’ with the new ‘Code for Sports Governance’ which will be introduced by the end of October. Part of the government’s ‘Sporting Future’ mandate/code presented in December 2015, the UK seeks to become the world leader in sports governance and transparency. The code’s …

Issuing a trading update, the governance FTSE-listed bookmaker Ladbrokes-Coral has detailed that it is ‘on target’ to hit its full-year corporate targets and expectations following a positive H1 2017 opening driven by strong digital gains. Updating investors, Ladbrokes Coral governance details that it expects Total Group net revenue to be 1% ahead of last year (cc -1%), with total group …