London-listed betting and gaming operator William Hill has reported a net loss of £799.5m for the first half of 2018, despite posting a 3 per cent increase in net revenue, after incurring significant non-cash impairments in the Retail segment following the UK Triennial Review.

Boosted by a good performance during the FIFA World Cup, revenue rose to £802.6m for the 26 week period ended June 26th, with online growth of 11 per cent offsetting a 3 per cent decline in retail, alongside continued growth from its business in the United States.

Gross win from the World Cup amounted to £11.0m in H1 and £32.8m for the tournament as a whole, with the operator seeing more than 1m online active customers place a bet during the tournament.

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