James Henderson

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    William Hill loses market share in Australia

    UBS has reiterated a ‘sell’ rating on sports betting group William Hill on Wednesday, as the group loses market share in Australia amidst fierce competition, local media reports. According to the brokerage, Ladbrokes has grown significantly faster than William Hill over the last three quarters, with Ladbrokes wagering growth averaging more than 50 percent, compared […]

    William Hill cites tax increases for £21m drop in profits

     William Hill CEO James Henderson has described the past six months as a period of ‘significant regulatory and taxation change for the industry’ as the bookmaker reported a 30 percent drop in profits after tax to £69.5 million ($107.4m). Despite group net revenue marginally growing, even against 2014 World Cup comparatives, operating profit dropped 12 […]