WILLIAM HILL H1 OPERATING PROFIT DOWN

Friday August 7,2015 :  WILLIAM HILL H1 OPERATING PROFIT DOWN
 
Increased UK machine games and online gaming taxes take their toll.
 
British online and land gambling operator William Hill plc has posted H1-2015 results to end June reporting a 12 percent fall in operating profit, which the company attributes to increased machine games duty and a new tax on bets made online by UK-based customers.
 
Operating profit was GBP 155.7 million for the half-year, down from GBP 176.9 million in the comparative period in 2014.
 
Group revenue was almost flat at GBP 808.1 million, with encouraging online growth, especially in Australia, of 7 percent.