Edition:
India
Page 1

William Hill Operating Profit Slumps On Regulatory Cap, U.S. Expansion Cost

Friday, 9 Aug 2019

Aug 9 (Reuters) - William Hill PLC ::HY GROUP NET REVENUE UP 1% TO £811.7M.HY ADJUSTED OPERATING PROFIT DOWN 33% TO £76.2M REFLECTING £2 STAKE LIMIT AND INVESTMENT IN US EXPANSION.INTERIM DIVIDEND OF 2.66P PER SHARE.ELDORADO RESORTS ACQUISITION OF CAESARS ENTERTAINMENT WE ANTICIPATE WOULD GENERATE C$20-35M ADDITIONAL RETAIL EBITDA WITHIN THREE YEARS.FULL-YEAR PERFORMANCE EXPECTED TO BE IN LINE WITH PREVIOUS GUIDANCE.EXCEPTIONAL CHARGE AND ADJUSTMENTS OF £114.3M IN HY, INCLUDING £97.1M RELATING TO MITIGATION MEASURES FOLLOWING £2 STAKE CHANGE.HY LOSS BEFORE TAX 63.5 MILLION STG VERSUS LOSS OF 819.6 MILLION STG.CONTINUING TO PURSUE COST REDUCTION MEASURES, INCLUDING ENGAGING WITH C1,700 LANDLORDS OF OUR C2,300 LICENSED BETTING OFFICES.CONTINUE TO EXPAND RAPIDLY IN US, BOTH IN NEVADA AND IN NEW STATES.NOW EXPECT ADJUSTED OPERATING PROFIT FOR YEAR TO BE IN MIDDLE OF £50-70M RANGE PREVIOUSLY GUIDED TO.EXPECT LOSSES FROM OVERALL US BUSINESS STILL TO COME WITHIN PREVIOUSLY GUIDED RANGE FOR 2019 OF $0-20M.HY ADJUSTED PROFIT BEFORE TAX 50.8 MILLION STG VERSUS 96.3 MILLION STG.

Penn National Gaming Says To Close Resorts Casino Tunica

Wednesday, 17 Apr 2019

April 17 (Reuters) - Penn National Gaming Inc ::PENN NATIONAL GAMING TO CLOSE RESORTS CASINO TUNICA.PENN NATIONAL GAMING INC - PLANS TO CLOSE RESORTS CASINO IN TUNICA, MISSISSIPPI EFFECTIVE JUNE 30, 2019.

Sun International FY Diluted Adj. HEPS 316 Cents

Monday, 18 Mar 2019

March 18 (Reuters) - Sun International Ltd ::CONTINUE TO DEAL WITH LOSS-MAKING ENTITIES, HAVE COMMENCED WITH RESTRUCTURE OF BOARDWALK AND CAROUSEL OPERATIONS.FY DILUTED ADJUSTED HEADLINE EARNINGS PER SHARE 316 CENTS.

Markets

  • Sectors
  • Asia
  • U.S.
  • Europe

Sector Summary