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William Hill announce results – Online Casino News

2009.08.05
William Hill announce results – Online Casino News

William Hill PLC published its results this morning, which revealed a 58% increase in its online business William Hill Online. The online gaming division comprises of a number of products such as - William Hill Casino Club and William Hill Bingo. The revenue created by this side of the business was reportedly £101.8 million and this is for the last 6 months ending 30th of June. If you are a William Hill Shareholder you must be very pleased with these results.

William Hill also confirmed at the same time that they would be moving their Sports Betting and Phone Betting operations to Gibraltar. This has presumably been done to take advantage of the much more lenient taxation conditions that they get in the offshore haven and this news is not unexpected but must be an unwelcome reminder for the Government especially in light of the harsh taxation regime that they have imposed on land based bingo clubs in the United Kingdom.

Ralph Topping the Chief Executive of William Hill had the following to say “We are ambitious for William Hill Online to be a successful online betting and gaming business on the international stage, Having acquired European-focused websites, global marketing and multi-lingual customer services capabilities, this is the logical next step in our development of this business. William Hill Online has an increasingly international customer base and this move will ensure we are well positioned to compete on an international stage."

William Hill Casino Club is one of OnlineKeno.net featured partners in its new Playtech Casino section and for good cause. William Hill apart from being a High Street presence have taken over a number of Playtech Casinos with a shoddy reputation in our opinion and have rehabilitated the Casinos ensured that they are now safe places to find some entertainment at.

Written for Online Keno by Greg