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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%.

Buyout Interest Grows as Revenue Increase

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 reopened, 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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Established in 1934, William Hill is one of the true betting pioneers. The football, horse, and greyhound zones are packed, with hundreds of betting options and races available every day. There are so many website languages, and customer support is accessible 24/7. It keeps adding betting features, like Bet Builder and Request a Bet, and you can win up to £2,000,000 in football's top leagues. If you asked me 7 years ago, I would have told you that William Hill is the thε world’s best sportsbook. However, today is a different story. Even though the winning limits are incredibly high, you will see your account restricted very fast if you are a successful bettor. Besides, the overall payout is below par, even for football betting. Finally, if you are not looking to bet on horse racing, you will not be dazzled by what is available. Overall, William Hill offers a solid product for UK sports, but I would like to see the sportsbook improve the international offering as well.

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