William Hill announced 6% revenue growth for Q3 2020

23 Oct 2020

william-hill

William Hill posted a positive Q3 net revenue increase in its online operations. It announced a 4% increase in the UK and 6% internationally for the third quarter, up to September 29, 2020. Moreover, the growth in the US was 10%.

Ulrik Bengtsson, the CEO of William Hill, claimed that the company he leads has always put players’ needs into focus, by continuously improving the offered products. The financial prospects are brighter than before since all UK and international betting shops reopen, the live sporting calendar resumes and all big sporting events re-commence. This explains the limited, 9% fall of revenue growth for the whole group in Q3 2020, compared to Q3 2019.

Ulrik Bengtsson stated: “We are very pleased with the trading performance of the group, which has been borne out of the commitment, resilience and hard work of our teams across the business, and I could not be prouder of them”.

It is worth mentioning that Caesars Entertainment has recently reached terms to overtake William Hill through a £2.9bn deal.

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During the early years of online betting, being registered to William Hill’s website was considered a sign of prestige. One of the leading worldwide brands, Will Hill remains stable and secure, always reliable, by carrying the proud tradition of British bookmakers. They have also kept the traditional horse racing and greyhound betting. Football and other sports (especially minor leagues outside Britain) have been massively reworked through the years and are now considered one of their best suites. They remain a traditional choice for every punter, however we would like to see an increase in their limits on some less popular events.

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