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Bookmaker William Hill beats expectations in grim first half

Wed, 05th Aug 2020 07:25

Aug 5 (Reuters) - British gambling company William Hill
reported a better-than-expected first-half profit on
Wednesday while announcing 119 of UK betting shops closed by
coronavirus lockdowns would not reopen as it combines its online
and retail businesses.

The company's mid-year results showed adjusted operating
profit fell to 11.8 million pounds ($15.43 million) in the six
months to June from 76.2 million pounds a year ago, while
revenue slumped by just under a third.

($1 = 0.7646 pounds)
(Reporting by Pushkala Aripaka in Bengaluru; editing by Patrick
Graham)


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