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William Hill shares slump on online profit warning

23rd March 2016 8:30 am GMT
William Hill

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 [...]

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