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United Kingdom

William Hill PLC (WMH.L)

WMH.L on London Stock Exchange

181.50GBp
16 Nov 2018
Change (% chg)

-0.50 (-0.27%)
Prev Close
182.00
Open
181.50
Day's High
185.75
Day's Low
180.15
Volume
5,897,118
Avg. Vol
4,722,511
52-wk High
345.00
52-wk Low
180.15

Latest Key Developments (Source: Significant Developments)

Fitch Says Gaming Earnings Under Pressure From UK Budget Changes
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Fitch ::FITCH SAYS GAMING EARNINGS UNDER PRESSURE FROM UK BUDGET CHANGES.FITCH SAYS REGULATION OF GAMING ACTIVITIES TIGHTENED RECENTLY, ESPECIALLY IN UK, BUT IT DOES NOT EXPECT FURTHER MAJOR CHANGES IN FORESEEABLE FUTURE.FITCH SAYS BELIEVE LARGEST GAMING COMPANIES IN UK HAVE CAPACITY TO ABSORB INCREASED DUTY.FITCH SAYS EXPECT ONLINE GAMING MARKET IN UK TO POST CONTINUOUS GROWTH, WHICH WILL MITIGATE IMPACT.FITCH SAYS RETAIL GAMING SEGMENT IN UK MAY EXPERIENCE SOME MARGINAL REGULATORY TIGHTENING.FITCH SAYS ESTIMATES THAT UK GOVERNMENT'S NEW REMOTE GAMING DUTY MEASURE COULD LEAD TO 10%-12% REDUCTION IN EBITDA FOR PADDY POWER BETFAIR AND WILLIAM HILL.  Full Article

Britain cuts top stake on gambling machines to 2 pounds
Thursday, 17 May 2018 

May 17 (Reuters) - UK's Department for Digital, Culture, Media & Sport::CONSULTATION ON PROPOSALS FOR CHANGES TO GAMING MACHINES AND SOCIAL RESPONSIBILITY MEASURES.REDUCING THE MAXIMUM STAKE ON B2 GAMING MACHINES (FOBTS) FROM £100 TO £2.MAINTAINING THE STATUS QUO ON STAKES, PRIZES AND ALLOCATIONS FOR ALL OTHER GAMING MACHINES.IMPROVING PLAYER PROTECTIONS ON CATEGORY B MACHINES, TO BE TAKEN FORWARD BY THE GAMBLING COMMISSION.RESPONSE TO CONSULTATION HAS BEEN OVERWHELMINGLY IN SUPPORT OF A SIGNIFICANT REDUCTION IN B2 STAKES."I WANT TO BE VERY CLEAR THAT STAKE REDUCTION ON B2 GAMING MACHINES SHOULD NOT BE A SIGNAL TO WIDER INDUSTRY TO TAKE FOOT OFF PEDAL ON ISSUE" - MINISTER FOR SPORT AND CIVIL SOCIETY.£2 FOUND TO BE STAKE LIMIT THAT WOULD MOST SUBSTANTIALLY IMPACT ON HARM BY REDUCING THE ABILITY TO SUFFER HIGH SESSION LOSSES.EVEN CUTTING TO £10 WOULD LEAVE PROBLEM GAMBLERS, AND THOSE MOST VULNERABLE, EXPOSED TO LOSSES THAT WOULD CAUSE THEM SIGNIFICANT HARM.LOCAL AUTHORITIES, CHARITIES, FAITH GROUPS, PARLIAMENTARIANS, INTEREST GROUPS AND ACADEMICS ALL SUBMITTED OPINIONS IN FAVOUR OF A £2 LIMIT.  Full Article

William Hill Sees 2017 Adj. Oper Profit At 290 Mln Stg
Monday, 15 Jan 2018 

Jan 15 (Reuters) - William Hill Plc ::‍GROUP'S FULL-YEAR ADJUSTED OPERATING PROFIT 1 FOR 2017 IS EXPECTED TO BE C£290M, C11% UP ON 2016​.‍THIS IS AHEAD OF EXPECTATIONS, REFLECTING GOOD MOMENTUM IN BOTH UK AND US MARKETS​.ALSO REFLECTS ‍STRONGER GROSS WIN MARGIN AND BENEFITS OF TRANSFORMATION PROGRAMME​.‍IN NINE WEEKS SINCE TRADING STATEMENT ON 20 NOVEMBER 2017, RETAIL AND ONLINE GROSS WIN MARGINS WERE AHEAD OF EXPECTATIONS​.‍WE ARE UNDERTAKING A STRATEGIC REVIEW OF OUR AUSTRALIA BUSINESS​.  Full Article

William Hill Says Appoints ‍Roger Devlin As Chairman Designate​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - William Hill Plc ::WILLIAM HILL APPOINTS CHAIRMAN DESIGNATE​.‍ROGER DEVLIN WILL JOIN BOARD AS CHAIRMAN DESIGNATE ON 1 FEBRUARY.‍ROGER DEVLIN WILL BE APPOINTED CHAIRMAN ON 2 APRIL 2018 WHEN GARETH DAVIS WILL STAND DOWN​.  Full Article

William Hill Says Will Support Scientific Games Corp's Proposed Acquisition Of Nyx
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - William Hill Plc ::WILLIAM HILL PLC SAYS REACHED AGREEMENT WITH SCIENTIFIC GAMES CORPORATION TO UNCONDITIONALLY SUPPORT SCIENTIFIC GAMES' PROPOSED ACQUISITION OF NYX.WILLIAM HILL PLC SAYS FOLLOWING AGREEMENT ALL PARTIES HAVE WITHDRAWN FROM ALL LITIGATION IN US AND UK.  Full Article

William Hill ‍confirms Ruth Prior joined board as CFO​
Monday, 2 Oct 2017 

Oct 2 (Reuters) - William Hill Plc ::Confirms Ruth Prior has formally joined board as chief financial officer.  Full Article

Photo

UK business backs May's Brexit deal but plans for the worst

LONDON/PARIS 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. | Video