International edition
September 18, 2020

The firm described its performance as 'solid'

William Hill “reviewing” Irish shops

(Ireland).- Bookmaker William Hill has written down the value of its betting shops in the Republic of Ireland by just over 9.2 million euros. It blamed this on weak trading conditions. It closed 14 betting shops in the Republic during 2009 and says it is 'reviewing' the remaining 35.

O

verall, the bookmaker reported pre-tax profits of us$ 184 million for last year, a drop of almost 60% from 2008. When once-off charges were stripped out, underlying pre-tax profits dropped by just 9% to us$ 300 million.

The bookmaker's net revenue rose 4 % to just under us$ 1.5 billion, boosted by a 63% jump at its online betting arm.

William Hill described its performance as 'solid' in a year of tough economic conditions and 'significant volatility' on sports results.

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