British bookmaker William Hill reports first-quarter growth
British bookmaker William Hill PLC reported interim first-quarter financial results Tuesday, saying net revenues grew 11 percent and operating profit rose 21 percent compared with a year earlier.
The London-based online and land-based bookmaker said April 13 that it would acquire American Wagering Inc., owner of 72 Leroy’s sports books in Nevada, for $18 million, and Club Cal Neva Satellite Race and Sportsbook Division for $21 million.
William Hill said net revenue from its online sports book business jumped 54 percent from a year earlier. A 62 percent rise in the amount wagered, which included a 786 percent gain in mobile betting amounts wagered, drove the increase, the company said.