William Hill Bookmaker benefits from US growth as UK stumbles
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Published date: 2025/01/23
- Location: 46010, Littleville, Washington, United States
As the US repealed a ban online sports William Hill, the bookmaker, hailed its increase in America market as it looked to counter declining online revenue at home mainly due to more rigorous regulation. The FTSE 250 group has dropped the sports betting it handles in the US since the repeal of the ban online sports betting on May 14 final year, '' it said in a trading update . Net revenue for the reason that region increased by almost a half. However, the group stated that gambling revenue was down 15 per cent due to the effects of a dip in the maximum bet to the slot machines known as fixed-odd gambling terminals in the United Kingdom.
Online net revenue in the domestic market of William Hill dropped 8%, the upgrade said. British high street bookmakers have set their sights overseas since the Gambling Commission seeks to enhance regulation of this business.
Online net revenue in the domestic market of William Hill dropped 8%, the upgrade said. British high street bookmakers have set their sights overseas since the Gambling Commission seeks to enhance regulation of this business.
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