William Hill has reported that gambling duties of around £87m caused the business to post a 22 per cent year-on-year decline in operating profit for 2015.
Net revenue for the year declined 1 per cent to £1,590.9m, with modest Online growth cancelled out by declines in the company’s Retail and Australia businesses.
Despite the marginal fall in revenue, William Hill said it would have posted a 2 per cent increase in operating profit were it not for the increased gaming duties, [...]
