A William Hill betting shop in London in 2019. Picture: BLOOMBERG/SIMON DAWSON
The London-listed company, one of the big names in the British gambling business, said overall revenue slumped by 32% as coronavirus lockdowns shuttered its high street stores. Shares rose as much as 8.3% to 126.9p by afternoon trading after the company also pointed to a good start to the second half and said it would combine its UK online and retail businesses.
US states have been legalising sports betting and William Hill’s momentum is likely to be boosted by the merger of casino operators Eldorado and Caesar’s, it said.
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