William Hill has reported a 6 per cent increase in net revenue for the 17 week period ended October 25th, as its improved mobile sportsbook helped the online division return to growth.
Following a decline during the first half of the year, online net revenue in Q3 grew by 4 per cent year-on-year. This included a 2 per cent increase in net revenue from the company’s core markets of UK, Italy and Spain, and a 22 per cent improvement in other markets.
"In this period we have continued to focus on online's turnaround, identifying efficiencies and international growth,” said William Hill’s interim CEO Philip Bowcock. "Online has returned to wagering growth in the UK following significant enhancements to our mobile sportsbook in Q2 and we are making good progress on the gaming and user experience improvements in H2, further helped by the Grand Parade team we acquired in August. We will complete the heavy lifting on online's changes in Q1.”