William Hill Poker Revenue Down Seven Percent
Company Says Profitability Up Despite Revenue Decline
William Hill Plc, the company which owns the majority share of William Hill Online where the minority share is owned by Playtech, has announced a drop in poker revenue of seven percent in the first half of 2012.
However the company said profitability was up: “…as highlighted at the time of our first quarter results, this reflects a reshaping of this business and we have substantially improved the profitability of the poker product.” It did not give the figure for reveune or profit.
Overall the William Hill Online had a strong first half of 2012 with net revenue expanding 30 percent, operating profit up 23 percent.
Online sportsbook preformed particularly well with amounts wagered higher by 33 percent in the first six months of 2012 and now 220 percent up in the last three years.
The company came before the Nevada, USA regulator last month seeking a license to operate there. The license was subsequently granted.
|1||Portland Asks Poker Rooms To Have Players Deal|
|2||Holz Wins 2016 EPT Barcelona €50k High Roller|
|3||Phelps Playing Cards Shortly Before Race|
|4||Poker Player Accuses Preet Bharara Of Racism|
|5||Poker Strategy With Ed Miller: When Limping Is Good|
|6||Revel Owner Looking To Abandon Reopening Plans|
|7||PokerStars Rebrands Live Events Starting In 2017|
|8||PPA, PokerStars Opposing CA Web Poker Bill|
|9||Poker Hand of the Week: What's Your Play?|
|10||A Poker Life: Harrison Gimbel|
|1||Police Raid Phoenix $2-$5 No-Limit Hold'em Game|
|2||Marcel Luske Accuses PokerStars Of Fraud|
|3||Trump Picks Poker-Playing Billionaire As Adviser|
|4||Brunson Says He Was Intended Victim Of Robbery|
|5||Damon Says 'Rounders 2' Would Be About I-Poker|
|6||Mercier Appears On 'The Dan Le Batard Show'|
|7||Portland Asks Poker Rooms To Have Players Deal|
|8||Jason Koon Wins 2016 SHRPO Championship Event|
|9||Gambler Has Sweat After Putting $10,000 On Team USA|
|10||Holz Wins 2016 EPT Barcelona €50k High Roller|