UK bookmaker William Hill has revealed a weaker than expected online performance during the first 12 weeks of 2016, with the consequent lower revenue expected to reduce the online division’s profits by as much as £25m for the full year.
The operator said that two main factors had combined to impact its online results for the trading period up to March 20th; an acceleration in the number of time-outs and automatic self-exclusions, and a fall in gross win margins.
“Whilst [...]