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William Hill Expects £30M Loss Due to Lockdown Closures of Betting Shops

George Miller
January 15, 2021
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William Hill Expects £30M Loss Due to Lockdown Closures of Betting Shops
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Bookmaker William Hill has said that shop closures and lockdown restrictions have led to a steep drop in its revenues.

The group said that overall revenues for 2020 would be £1.3bn, 16% below 2019, and that it expected a £30m year-on-year loss at its retail division due to the challenges of trading at its high street betting shops during the pandemic.

Online revenues rose 5% in the UK and 12% in its other markets after it launched the Swedish online gaming group Mr Green in two new regions. Like many rivals, William Hill benefited from an increase in online gambling once live sport returned, with gamblers turning to betting apps to relieve lockdown boredom, as well as a string of favourable sports results.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: William Hill Expects £30M Loss Due to Lockdown Closures of Betting Shops

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

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