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Great 2012 For WIlliam Hill
Thursday May 9,2013 : 2012 A MILESTONE YEAR FOR WILLIAM HILL PLC
Chairman pays tribute to management...and says that Ralph Topping will remain in charge
William Hill plc chairman Gareth Davis, speaking the gambling group's agm Thursday, paid tribute to the company management, which he said had delivered another milestone year....and he had good news for investors; the popular and successful chief executive of the company, Ralph Topping, has agreed to remain in charge until at least 2015.
The Group delivered a strong performance last year, with revenues up 12 percent, operating profit up 20 percent and the full-year dividend per share up 17 percent.
The company also successfully pursued an aggressive expansion program, acquiring Sportingbet Australia and taking full control of William Hill Online after a long partnership with Playtech in the venture. Consequently, the company entered the FTSE100 on May 1 2013.
Davis said that Topping had indicated to the Board that he was prepared to continue as CEO until at least the end of 2015.
"At the time of announcing in June 2011 that we would be retaining Ralph’s services until at least the end of 2013, I indicated the critical importance of keeping him in the business given his extensive experience over 43 years with William Hill," Davis said.
"I am delighted he plans to stay longer as I believe he remains uniquely qualified to lead the Group through this on-going transformational period, particularly to maximise the opportunities in Australia and in digital.
“The Board is delighted that Ralph will remain with the Group for the coming years as we continue to manage the succession planning for the chief executive role. Our preference is always to look internally first for candidates and we are developing a cadre of talented senior management. At the same time, we are continuing to scan the external market to ensure we have the widest range of options open to us at the appropriate time."
Topping himself commented: "I am very pleased by the progress we have made at William Hill over the last five years and the value we have generated for shareholders. We now have significant opportunities to transform this business, with more of our revenues and profits than ever before coming from online, from mobile and from international territories."
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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