London-listed betting and gaming operator William Hill has reported a 3 per cent drop in net revenue for the 17-week period ended April 26th, with results from its online channel down by 11 per cent following a significant drop in sportsbook revenue.

The company said that it had been a tough start to the year in online, with result impacted primarily by losses at Cheltenham, customer-friendly European football results, and a decline in both its core (UK, Italy and Spain) and non-core markets, down 9 per cent and 23 per cent respectively.

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