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Predicted profit growth of 11% in 2017 by W.Hill

Predicted profit growth of 11% in 2017 by W.Hill

William Hill predicted that profit will grow 11% for 12 months of the year of 2017.

Bookmaker noted that the annual profit will be about 290 million pounds that definitely overcomes the initial expectations in numbers. Among the main reasons for this he William Hill mentioned benefits of the transformation programme.

William Hill predicted that profit will grow 11% for 12 months

Nine weeks after trading statement bookmaker also said that favourable results across football and horseracing resulted the same growth of profit in 2016. Wagering rates were slow, but the revenue was unbelievable. Moreover, gaming rates were accelerating online what can’t be stated about those at the firm.

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Concerning international numbers, William Hill said that the US continues growing, but Australia suffered from credits that were reduced on the bets.

Philip Bowcock, as a chief executive of famous bookmaker, said that the results in 2017 were excellent thanks to attractive omni-channel offer. He mentioned that they are constantly improve to give their clients a chance to gamble with a sense of responsibility.

2018 has great opportunities as a World Cup year as there is a great potential in sports betting.

Full results of the year will be published by February 23.

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