Latest News
William Hill to Permanently Close 119 Betting Shops in the UK
William Hill PLC has announced that it will not re-open 119 shops due to the Covid-19 impact on the UK retail environment, as the bookmaker swung to an interim profit on a value added tax refund.
The company also said that it has made a “robust” recovery in the opening weeks of the second half because of the resumption of sporting activities and re-opening of shops. As a result, the company has decided to repay GBP24.5 million to the UK government received under the coronavirus job retention scheme.
For the 26 weeks ended July 2, the company recorded pretax profit of GBP141.1 million compared with a loss of GBP63.5 million a year ago. The profit figure includes a GBP201.6 million tax refund, which was partially offset by GBP81.9 million non-cash intangible store impairment charge.
Stripping out exceptional gains and charges, William Hill’s operating profit fell 85% year-on-year to GBP11.8 million, ahead of the company’s expectations.
The H1 2020 revenue declined 32% to GBP554.4 million from GBP811.7 million. The drop was attributed to Covid-19 disruption to sporting events and temporary closure of retail activities, partially offset by favourable sports results and resilient gaming performance.
“Our trading was strong before Covid-19, we controlled costs effectively during lockdown and we have recovered well post-lockdown with good performances in our online businesses throughout the first half,” Ulrik Bengtsson, Chief Executive Officer of William Hill, said.
Bengtsson added that William Hill remains confident in pursuing its growth agenda, taking advantage of its market-leading position in sports betting in the US.
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Ahmed Baker Chief Commercial Officer at Incentive Games
Incentive Games, bet365 Broaden International Partnership to Introduce Real-Money Gaming
Ahmed Baker, Chief Commercial Officer at Incentive Games, said, “Our partnership with bet365 continues to go from strength to strength, and this real-money agreement is a natural evolution of our collaboration. By deploying our games globally, including in key
U.S. jurisdictions, we bring together two teams focused on quality, innovation and sustainable long-term growth. We’re incredibly excited about what the future holds.”
A spokesperson at bet365 said, “Leveraging Incentive Studios’ expertise in real money gaming, we are thrilled to expand our relationship and further enhance our global Casino offering. Customers worldwide will be able to enjoy this innovative addition to our portfolio of cutting-edge content.”
The post Incentive Games, bet365 Broaden International Partnership to Introduce Real-Money Gaming appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Booth 1F50b
KingMidas Games Scales Up Plans for ICE Barcelona 2026
Visit Booth 1F50 to Play, Connect, and Win Prizes
KingMidas Games invites all ICE Barcelona attendees to visit Booth 1F50 to meet the team, experience the newest games first-hand, and take part in interactive demonstrations. Visitors can also enjoy on-site gameplay and walk away with attractive prizes, adding another reason to stop by, connect, and explore what’s next from KingMidas Games.
The post KingMidas Games Scales Up Plans for ICE Barcelona 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Latest News
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The post January 2026 Strategy Guide: 25 Free Spins and Bushveld Tips for Springbok Casino appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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