We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWMH.L Share News (WMH)

  • There is currently no data for WMH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Grand National sets record for UK online sports betting

Mon, 12th Apr 2021 17:30

(adds details in para four)

By Muvija M

April 12 (Reuters) - The Grand National was Britain's biggest ever online sports betting event as shop closures meant punters had to go online or use mobile apps to bet on one of the annual highlights of the horseracing calendar.

Entain, the owner of Ladbrokes, and rival William Hill separately told Reuters on Monday that the total takings were however lower than in previous years due to COVID-19 lockdowns.

Entain, which also owns the Coral brand, said more than 150,000 customers visited its websites every minute during the event, which took place on Saturday in front of empty stands after a pandemic-led cancellation in 2020.

Rachael Blackmore won on Minella Times at odds of 11-1, becoming the first female jockey to triumph in the race, which began in 1839.

"This year's Grand National event saw record-breaking betting volumes for our UK brands and huge customer excitement in line with the thrilling outcome," Dominic Grounsell, who heads Sports Brands at Entain, said on Monday.

Neither company can give specific figures but over 100 million pounds ($137.43 million) is estimated to have been bet on the race overall.

The event typically draws in bets from around 13 million people, roughly a third of adults in the UK, each year.

A compelling storyline should encourage some of those occasional gamblers to take a closer interest in the sport.

"The problem is that if we have a bad result we don't see the money coming back as for many it is their one bet of the year. This year was good and we did well considering we saw the first ever female winner," a William Hill spokesman said.

The expertise in online gambling and sports betting that the bookmakers have in Britain, which is amongst the first major countries to regulate the market, has attracted American suitors as the United States opens up to sports betting.

($1 = 0.7276 pounds) (Reporting by Muvija M in Bengaluru; Editing by Keith Weir and Ken Ferris)

More News
29 Sep 2020 09:37

UK BROKER RATINGS SUMMARY: Berenberg Says Buy AstraZeneca And Glaxo

UK BROKER RATINGS SUMMARY: Berenberg Says Buy AstraZeneca And Glaxo

Read more
28 Sep 2020 16:56

LONDON MARKET CLOSE: FTSE Casts Aside Virus Worries With 85 Point Leap

LONDON MARKET CLOSE: FTSE Casts Aside Virus Worries With 85 Point Leap

Read more
28 Sep 2020 15:35

UPDATE 4-Caesars shoots lower than expected with $3.7 bln William Hill bid

* Caesars eyeing 272p/share offer, far below market expectations* William Hill shares down 12% after surging on Friday* Board says minded to recommend offer at this level* But equity group Apollo also named as interested bidder (Adds details on Cae...

Read more
28 Sep 2020 14:26

LIVE MARKETS-Betting markets take a 2% tax on Trump

* European shares rebound* Banks lead sectoral gainers, up 4.6%* Eyes on William Hill after bid proposal* Wall St futures higher Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You c...

Read more
28 Sep 2020 14:17

Jefferies says William Hill could be worth as much as 460p, or 80p

(Sharecast News) - Analysts at Jefferies laid out their scenario analysis for William Hill, the most 'bullish' of which could see the shares gain more than half in value to 460.0p.

Read more
28 Sep 2020 14:04

LIVE MARKETS-Equities still choppy, but then a vaccine...

* European shares rebound* Banks lead sectoral gainers, up 4.6%* Eyes on William Hill after bid proposal* Wall St futures higher Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You c...

Read more
28 Sep 2020 13:48

Monday broker round-up

(Sharecast News) - William Hill: RBC Capital Markets downgrades to sector perform with a target price of 300.0p.

Read more
28 Sep 2020 11:42

LIVE MARKETS- Worried about a stronger dollar? Bet on drugs

* European shares rebound* Banks lead sectoral gainers, up 4%* Eyes on William Hill after bid proposal Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts wit...

Read more
28 Sep 2020 10:54

LIVE MARKETS-Gold might be ready to shine again

* European shares rebound* Banks lead sectoral gainers, up 4%* Eyes on William Hill after bid proposal Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts wit...

Read more
28 Sep 2020 10:28

LIVE MARKETS-Tactical on cyclicals

* European shares open higher* Banks lead sectoral gainers, up 4%* Eyes on William Hill after bid proposal Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts...

Read more
28 Sep 2020 09:41

UPDATE 2-HSBC, Diageo drive gains in London's FTSE 100

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* HSBC surges after largest shareholder boosts stake* Banks mark best day since May, 2010* Diageo up; CEO says outlook for HY fiscal '21 has improved* William Hill, mining giant...

Read more
28 Sep 2020 09:40

LIVE MARKETS-Banks rebound from record lows, bargain hunters buying the dip

* European shares open higher* Banks lead sectoral gainers, up 4%* Eyes on William Hill after bid proposal Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts...

Read more
28 Sep 2020 08:39

LIVE MARKETS-Opening snapshot: strong rebound, banks shine

* European shares opens higher* Banking index up 4.3% Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Joice Alves (joice.alves@thomsonreuters.com) a...

Read more
28 Sep 2020 07:48

LONDON MARKET PRE-OPEN: Caesars Confirms Making Bid For William Hill

LONDON MARKET PRE-OPEN: Caesars Confirms Making Bid For William Hill

Read more
28 Sep 2020 07:46

UPDATE 3-Caesars shoots lower than expected with $3.7 bln William Hill bid

* Caesars eyeing 272p/share offer, far below market expectations* William Hill shares down 12% after surging on Friday* Board says minded to recommend offer at this level* But equity group Apollo also named as interested bidder (Adds analyst commen...

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.