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William Hill PLC (WMH.L)

WMH.L on London Stock Exchange

306.00GBp
22 Jun 2018
Change (% chg)

1.30 (+0.43%)
Prev Close
304.70
Open
305.70
Day's High
309.00
Day's Low
305.10
Volume
3,677,647
Avg. Vol
6,077,277
52-wk High
345.00
52-wk Low
239.10

Latest Key Developments (Source: Significant Developments)

Britain cuts top stake on gambling machines to 2 pounds
Thursday, 17 May 2018 

May 17 (Reuters) - UK's Department for Digital, Culture, Media & Sport::CONSULTATION ON PROPOSALS FOR CHANGES TO GAMING MACHINES AND SOCIAL RESPONSIBILITY MEASURES.REDUCING THE MAXIMUM STAKE ON B2 GAMING MACHINES (FOBTS) FROM £100 TO £2.MAINTAINING THE STATUS QUO ON STAKES, PRIZES AND ALLOCATIONS FOR ALL OTHER GAMING MACHINES.IMPROVING PLAYER PROTECTIONS ON CATEGORY B MACHINES, TO BE TAKEN FORWARD BY THE GAMBLING COMMISSION.RESPONSE TO CONSULTATION HAS BEEN OVERWHELMINGLY IN SUPPORT OF A SIGNIFICANT REDUCTION IN B2 STAKES."I WANT TO BE VERY CLEAR THAT STAKE REDUCTION ON B2 GAMING MACHINES SHOULD NOT BE A SIGNAL TO WIDER INDUSTRY TO TAKE FOOT OFF PEDAL ON ISSUE" - MINISTER FOR SPORT AND CIVIL SOCIETY.£2 FOUND TO BE STAKE LIMIT THAT WOULD MOST SUBSTANTIALLY IMPACT ON HARM BY REDUCING THE ABILITY TO SUFFER HIGH SESSION LOSSES.EVEN CUTTING TO £10 WOULD LEAVE PROBLEM GAMBLERS, AND THOSE MOST VULNERABLE, EXPOSED TO LOSSES THAT WOULD CAUSE THEM SIGNIFICANT HARM.LOCAL AUTHORITIES, CHARITIES, FAITH GROUPS, PARLIAMENTARIANS, INTEREST GROUPS AND ACADEMICS ALL SUBMITTED OPINIONS IN FAVOUR OF A £2 LIMIT.  Full Article

William Hill Sees 2017 Adj. Oper Profit At 290 Mln Stg
Monday, 15 Jan 2018 

Jan 15 (Reuters) - William Hill Plc ::‍GROUP'S FULL-YEAR ADJUSTED OPERATING PROFIT 1 FOR 2017 IS EXPECTED TO BE C£290M, C11% UP ON 2016​.‍THIS IS AHEAD OF EXPECTATIONS, REFLECTING GOOD MOMENTUM IN BOTH UK AND US MARKETS​.ALSO REFLECTS ‍STRONGER GROSS WIN MARGIN AND BENEFITS OF TRANSFORMATION PROGRAMME​.‍IN NINE WEEKS SINCE TRADING STATEMENT ON 20 NOVEMBER 2017, RETAIL AND ONLINE GROSS WIN MARGINS WERE AHEAD OF EXPECTATIONS​.‍WE ARE UNDERTAKING A STRATEGIC REVIEW OF OUR AUSTRALIA BUSINESS​.  Full Article

William Hill Says Appoints ‍Roger Devlin As Chairman Designate​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - William Hill Plc ::WILLIAM HILL APPOINTS CHAIRMAN DESIGNATE​.‍ROGER DEVLIN WILL JOIN BOARD AS CHAIRMAN DESIGNATE ON 1 FEBRUARY.‍ROGER DEVLIN WILL BE APPOINTED CHAIRMAN ON 2 APRIL 2018 WHEN GARETH DAVIS WILL STAND DOWN​.  Full Article

William Hill Says Will Support Scientific Games Corp's Proposed Acquisition Of Nyx
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - William Hill Plc ::WILLIAM HILL PLC SAYS REACHED AGREEMENT WITH SCIENTIFIC GAMES CORPORATION TO UNCONDITIONALLY SUPPORT SCIENTIFIC GAMES' PROPOSED ACQUISITION OF NYX.WILLIAM HILL PLC SAYS FOLLOWING AGREEMENT ALL PARTIES HAVE WITHDRAWN FROM ALL LITIGATION IN US AND UK.  Full Article

William Hill ‍confirms Ruth Prior joined board as CFO​
Monday, 2 Oct 2017 

Oct 2 (Reuters) - William Hill Plc ::Confirms Ruth Prior has formally joined board as chief financial officer.  Full Article

Amaya Inc says confirms potential merger talks with William Hill
Saturday, 8 Oct 2016 

Amaya Inc : Amaya has been undertaking a review of its strategic alternatives since february 2016 . Discussions are ongoing and there can be no certainty that an agreement will be reached . Boards of William Hill PLC, Amaya Inc note recent press speculation and confirm that they are in discussions regarding potential all share merger . Board of William Hill evaluating options to accelerate William Hill's strategy of increasing diversification . Potential merger would be consistent with strategic objectives of both William Hill and Amaya . Potential merger would be classified as a reverse takeover . Citigroup global markets limited is acting as financial adviser to William Hill .Barclays Bank Plc is acting exclusively for Amaya.  Full Article

William Hill sees FY profit at top of range as 888-Rank bid falls through
Thursday, 18 Aug 2016 

William Hill Plc : Statement regarding 888 and rank group withdrawal . Consortium is bound by restrictions of takeover code . Had a good start to second half of year and board now expects operating profit 1 for 2016 to be at top end of previously guided £260-280m range .Management believe there are opportunities to benefit from increased efficiencies in certain areas of business.  Full Article

Rank delays FY results citing on-going deal talks with William Hill
Monday, 15 Aug 2016 

Rank Group Plc : Will announce FY results on Tuesday, Aug. 23 2016, rather than on Thursday, Aug. 18 2016 as previously announced .Delay is a consequence of continuing developments in interest expressed by Rank and 888 Holdings Plc in acquiring William Hill Plc.  Full Article

Rank Group,888 confirm making a revised offer for William Hill
Monday, 15 Aug 2016 

Rank Group Plc : Confirm that on 14 August 2016 they submitted an improved non-binding proposal to board of William Hill regarding a possible combination of 888, Rank and William Hill . 888 and Rank believe that there is potential to identify additional upside in both quantum and timing of cost synergies, plus substantial cost synergies, through constructive engagement . Total capitalised value of cost synergies to William Hill shareholders based on terms of improved proposal would be 52 pence per William Hill share . Value of improved proposal of 394 pence for each William Hill share does not take into consideration capitalised value of cost synergies to William Hill shareholders of 52 pence per william hill share .888 and Rank would welcome opportunity to engage with board of William Hill with goal of consummating a recommended transaction..  Full Article

Rank Group and 888 said to have submitted offer for William Hill valuing it at 364P apiece- FT
Tuesday, 9 Aug 2016 

: Rank Group and 888 consortium is said to have submitted a formal offer for William Hill that values the shares at 364P apiece- FT, citing sources Source (http://on.ft.com/2bg5cLn) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Bookmaker William Hill 'inundated' by U.S. sports teams seeking sponsorship -CEO

June 13 U.S. sports teams are clamoring for sponsorship deals with British bookmaker William Hill PLC as legal sports betting starts to take off in the United States, the chief executive of the company's American division told Reuters on Wednesday.