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William Hill Poker Revenue Up 14 Percent

Third Quarter Revenue Rise For Online Poker Company


William Hill Poker revenue rose 14 percent in the third quarter of 2011.

William Hill Online, the joint venture with Playtech which operates the company’s poker business did not give a figure for poker revenue but the first half of 2011 saw poker revenues up 11 percent to £11.8 million from £10.6 million a year earlier.

Elsewhere at the company casino growth was 41 percent including 40 percent growth from products designed for cross-sell from Sportsbook. Bingo was up 9 percent.

William Hill CEO Ralph Topping said of the third quarter performance, “Pleasingly, Online net revenue growth accelerated in the quarter… The Q3 margin is broadly in line with our long-term average for this quarter… Accordingly, Group profits are lower year-on-year, primarily as a result of this and the planned significant increase in Online investment."