William Hill shares fall after profit leak

William Hill shares fall after profit leak

William Hill was forced to release their trading statement 11 hours early due to a leak which confirmed lower than expected profits. This immediately resulted in their shares falling by 5.8% on Tuesday morning.


The figures that showed a 7% fall in profits for the fourth quarter were accidentally emailed out to an analyst on Monday evening. William Hill nor their PR company could have been reached for comment so there is no confirmation on where the leak itself originated. This is sure to shake up the office environment as such details are always closely guarded until a simultaneous release to analysts and media.


William Hill has stated that “unfavourable football results” made an impact on the last quarter being an underachiever. Overall the 2014 figures for the yearly operating profits rose by 11% to £371m, mainly due to the success of online gaming revenues which spiked by 86%.


Their chief executive James Henderson released a statement clarifying the performance and the upcoming year ahead: “In Q4, generally weaker sporting results in December impacted our revenue progression, as did a very tough November comparative, but gaming continued to grow. In particular, Boxing Day – one of the busiest days in our year – was a very good day for the customer with all but one of the top 10 football favourites winning that day”.


“Notwithstanding a difficult start to the new year with highly unfavourable football results, we remain in a strong position going into 2015.”


The massive gaming group is also in process of re branding its three Australian entities – Centrebet, Sportingbet and Tomwaterhouse.com to William Hill after the success it had of launching in US, Spain and Italy. Such a mistake is certainly not to repeat itself any time soon while the group is poised on having a good 2015.


Advantages with Unibet
  • 100% Bonus
  • One of the Biggest
  • Great Sportsbook
Advantages with Guts.com
  • 300 Euro Bonus
  • 100 Free Spins
  • 24/7 Kundeservice
Mr Green
Advantages with Mr Green
  • 300% bonus up to 350 Euro
  • 500+ Games
  • One of a kind Prizes
Guts online casino adds another game provider

Guts Casino which is operated by Gaming Innovation Group is known for their comprehensive lineup of online casino games, from slots to table games

Online Casinos focus on VIP management

Clever online casino players have long realized that a good online casino operator and their loyalty program go hand in hand.

New online slot from Play’n Go

There is a new online slot in town coming from Play’n Go, a widely popular online casino game supplier. The game comes under the title Wild North

Mr Green online casino continues to grow!

Mr Green online casino has been in the mix of top online casino operators for quite some time now. With their main area of focus being Scandinavia they compete

Is eGaming the next big thing for Gambling?

Online gambling has been a major entertainment source for people for a long time now and it is great to see it evolve as new products, online casino games

1 in 10 Adults to gamble in online casinos by 2019

A new study conducted by Juniper Research group found that 1 in 10 adults will have engaged in some form of online gambling by the year 2019.

NetEnt releases Dazzle Me online slot

The slot machine giant NetEnt has released another exciting game titled Dazzle Me that can be found in all the major online casinos like Leo Vegas, Guts, Casumo and more.

Malta based hedge fund part of $100 Million hacking scheme

The US Securities and Exchange Commission has announced this week fraud charges against numerous companies and 32 different defendants with a Maltese

Perseid Meteor Shower and Slot Machines

This week we are lucky to experience the phenomenon known as the Perseid meteor shower. The meteor shower that lasts multiple days will be reaching its peak today

Three more movie based online slots coming

Last week we did a piece on a new Fantastic Four slot machine coming out due to the release of a new film instalment.

200 Free Spins + 200% Bonus
WinnersMagazine - Ownership
WinnersMagazine - Ownership
WinnersMagazine - Ownership
WinnersMagazine - Ownership
WinnersMagazine - Ownership