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Gambling: William Hill 50 percent rise in revenue
The expanded online gambling services offered by UK Internet and land gambling group William Hill plc delivered an impressive rise in revenue of 50 percent, the company revealed this week in releasing its Q1 2009 numbers.
The growth on the Internet side contrasted with telephone betting gross win, which declined by 31 percent due to cancelled race meetings and increased competition.
Company spokesmen said first-quarter trading had been resilient, and that the firm had benefited from favourable horse-racing results in April, which helped offset the impact of race meeting cancellations, down a third due to bad weather. Football betting and gaming machines continued to produce strong performances.
Revenues overall were up by 6.5 percent and retail gross win increased by 2 percent in the 17 weeks to April 28. Over-the-counter gross win fell by 5 percent however, reflecting the cancellations and customer-friendly wager results in March.
Chief executive Ralph Topping said: "Although the economic and competitive environment remains challenging, our results show continuing resilience. Integration of our online business is progressing, with an encouraging increase in the number of customer accounts."
Gambling News :
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The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
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Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
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