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William Hill Poker Revenue Up 14 Percent

Third Quarter Revenue Rise For Online Poker Company

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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."