Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPAP.L Share News (PAP)

  • There is currently no data for PAP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

William Hill suspends betting on Greece leaving the Eurozone

Thu, 16th Apr 2015 15:36

Bookmaker William Hill has suspended betting on Greece leaving the Eurozone in 2015 after heavy betting on the 'Grexit'.The bookie also stopped taking money on which country would be the first to leave the single currency bloc, although rivals Paddy Power and Betfair were still offering odds of 3/1 and 13/8 respectively on Greece to leave the Eurozone in 2015.In a statement released on Thursday, Hills said a potential Greek exit had been heavily backed, with odds on Athens being the first country to leave the Eurozone shortening to as much as 1/5."It is now looking increasingly likely that they [the Greek government] could begin the process of departing very shortly," said William Hill spokesman Graham Sharpe.The bookmaker said that it had also shortened the odds on Greece leaving the single currency before the end of the year from 5/1 to 3/1, adding that punters did not seem interested in backing Greece to stay in the Eurozone until the end of 2015."We decided to pull the plug on the markets until either the decision to leave is taken, or the crisis point passes and a plan is put in place enabling the country to remain in," said Sharpe.
More News
26 Aug 2009 12:09

London midday: Resource stocks a drag

Given that resource stocks are in the dog-house the Footsie is doing well to be only moderately in the red on a day of mixed results for blue chips. Pre-tax profits plunged at Tullow in the first half of the year as the firm felt the pinch of the slide in oil prices. The oil company posted a pre-t

Read more
26 Aug 2009 08:20

London open: Lower start for FTSE 100

Footsie is slightly lower in early dealings, with the advertising group WPP the leading share index's heaviest faller after reporting interim results. WPP said half-year results continue to reflect the impact of the global economic contraction, which continued to intensify in the second quarter, th

Read more
26 Aug 2009 07:27

Paddy Power H1 profit declines

Ireland's largest bookmaker Paddy Power reported a decline in half year pre-tax profit but saw 20% growth in online customers. Commenting on the results, CEO Patrick Kennedy said, "It's been... a positive start to 2009 for Paddy Power. A swing in the year-on-year run of sporting results, a normal o

Read more
19 Jun 2009 17:30

Paddy Power non-exec trims stake

Tom Grace, senior independent director of Paddy Power, has cut his stake in the Irish bookie, which has seen a rally in the share price since February. Grace, a former Irish rugby international and the treasurer of the Irish Rugby Football Union, sold €165,000 worth at €10 per share. Grace joined t

Read more
14 May 2009 15:19

Business picking up at Paddy Power

Irish bookmaker Paddy Power said the growth in the company's sportsbook has picked up after a couple of drab months at the start of the year. Trading in the first two months of 2009 was hit by a number of race meeting cancellations, but since then business has picked up, due in part to the expansio

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.