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Phone betting division weighs on otherwise strong Will Hill

19th January 2012 10:20 am GMT

UK bookmaker William Hill said Thursday that it expects to report a 6 per cent rise in net revenues for 2011 as a result of continued strong growth online and a marginal uplift in retail, but a write-down of the declining telephone segment is expected to cost the company £47m.

Net revenues from William Hill Online (WHO) increased by 28 per cent during the year, delivering a second consecutive year of over [...]

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