William Hill has announced that it is sponsoring the first ever Boxing Day meeting at Aintree racecourse. Including the notable Grade 1 Formby Novices’ Hurdle (formerly the Tolworth Novices’ Hurdle), the bookmaker will sponsor six of the seven races on the card in total. Lee Phelps, Spokesperson for William Hill and Senior Sports Writer, said: “While many are winding down …
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Worldpay predicts Boxing Day boost for online bookmakers
Worldpay has predicted that Boxing Day will provide a boost for Britain’s online bookmakers, as punters hope to cash in on the day’s biggest sporting events. Gambling data from 2015 reveals that Britain’s bookmakers saw a 10% increase in online betting activity and a 9% spike in total betting value on Boxing Day compared with an average Saturday in December. …
Read More »Ladbrokes 2014 profits hit by declining retail performance
Ladbrokes Plc disclosed its preliminary results for its 2014 performance, as forecasted by numerous business sources the operator revealed that pre-tax profits were down 13.5% to £98 million (FY 2013 : £113.3 million). 2014 group revenues had increased to £1.15 billion, up 3.8% on 2013 (£1.1 billion) as Ladbrokes saw increased wagering on its football betting markets during Q1 2014 …
Read More »Spring Carnival boosts William Hill Q4 performance
William Hill’s Australian operation was the only one that increased its operating profit in the fourth quarter, thanks to the Spring Carnival period, with a 59% jump mitigating somewhat a 13% drop in retail operating profit and a 6% dip online. It meant that the group’s Q4 operating profit as a whole dropped 7%. On a full-year basis, Group net …
Read More »Black Boxing Day as bookies take £30 million battering!
UK bookmakers had a Boxing Day to forget as they took a combined £30 million hit on Friday’s football fixtures, making it a very merry time of year for football betting punters. The football fixtures on Friday 26 December saw all betting favourites win their respective matches, as bookmakers cashed out thousands of pounds on winning bets and accumulators. Coral …
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