William Hill Share Discussion Threads

[frazboy] 02/5/2018 08:26

it's very much like a wobble.

Q1 results for WMH on 7th May?

[113mike] 02/5/2018 08:17

wots a wabble?

[frazboy] 02/5/2018 08:05

i think this morning's wabble is a read-across from PP results, poor weather and sports results in Q1 affecting trade.

FOBT issue still to be resolved.

[2seabass] 26/4/2018 14:26

Have a look at Webis which also trades in USA, tiny m/cap compared to t/o, but at least made a tiny profit. However, if the Supreme Court rules in favour to allow live sports betting then it will open up 5 times the states that allow this type of live sports gambling. Decision any day now as I'm lead to believe - worth a look to study this share. Maybe WMH will take it over as it's the 5th largest Co. by an ever increasing turnover.

[noujay] 25/4/2018 12:34

If the US repeals PASPA in the next few weeks this large fall at WH will look very overdone indeed as of the UK firms it is clearly best placed to capitalise on US sports betting, starting in NJ and potentially within two weeks of repeal.Not to mention it's the only one of the large firms not to be participating in a merger/take over..yet.

[n73] 24/4/2018 11:04

So who uses these old technology anyways?

[volsung] 24/4/2018 10:39

Good to see FOBT limits being lowered. Hopefully a few families will be spared some misery

[neilyb675] 24/4/2018 10:32

Ex-div

8.94p

26/4/18

[srpactive] 24/4/2018 09:42

N675

It has also been stated the Chancellor is resisting such a
move, dyor.

L

Due to the consolidation in the industry over the weekend
with skybet talks, who could be interested in WMH?

tia

active

[neilyb675] 24/4/2018 09:32

Shares in bookmaker William Hill fell as much as 12 per cent in early trading on Tuesday after a report the UK Treasury would back a cut in the maximum bet for fixed odds betting terminals to £2 within weeks.

The Times newspaper reported that Philip Hammond, the British chancellor, had accepted recommendations from experts that the stake be cut to the minimum level being considered by a government review, despite a likely fall in tax revenue from the move.

The government has been consulting on proposals to reduce the maximum stake on fixed odds betting terminals (FOBTs), which allow gamblers to place bets of up to £100 every 20 seconds, to between £50 and £2.

[ashraf] 24/4/2018 09:31

treasury said to cede way on FOBT's....eyes new levies. report out this morning. all bookies down

[archibald5] 05/4/2018 10:01

I believe that Paspa will be repealed on April 30th. I say this because on this day, as Scotusblog.com says, only Orders will be passed. Of course its only a guess, but I live in hope. As William Hill has a big stake in Monmouth Park, this will be one of the first ready to go.

The pressure is building as more and more news articles are appearing in US press, in addition, so it seems, a greater amount of US states are buying into the legalisation of Sports Betting.

[frankiethecabbie] 19/3/2018 06:24

https://www.thetimes.co.uk/article/watchdog-backs-away-from-tough-betting-curbs-fpcn3fqn3

[lammylover] 06/3/2018 08:52

Australian business sold to Crown for A$300m..

[ricer93] 01/3/2018 12:25

pathetic they are selling off the Australian business; no doubt they will only get back a nominal amount!

hxxps://calvinayre.com/2018/02/27/business/four-bidders-william-hill-australia/

The irony of all this is that they're probably get back in at some point in time.

[sum493] 25/2/2018 18:49

hxxps://www.smh.com.au/business/companies/william-hill-slashes-value-of-tom-waterhouse-led-australian-business-20180225-p4z1md.html

'William Hill spent an estimated $700 million buying into the ultra-competitive Australian online gambling market in 2012 and 2013, acquiring tomwaterhouse.com, Sportingbet and Centrebet'

All that money (!!!) and what do they have to show for it!!?

[ricer93] 23/2/2018 13:44

I want to wait for the UK fixed odds betting curb announcement to see what really comes out of it - how severely are the stakes really going to be reduced? That initial warning rumour led to an immediate 'initial' 10% collapse in price and WMH told us it was just a rumour. Playtech is a much better play at these levels - it is diversified across many sectors and even such a curb won't hurt it much.

[lammylover] 23/2/2018 13:22

Already priced in, that's why share fell to about 250p not long ago. Plenty of opportunity to buy in cheaply if that was what you were after..?

[ricer93] 23/2/2018 12:04

and what happens when the maximum stake on UK fixed odds betting terminals is severely cut possibly to just £2!!? It is coming - simply a question of time now. Will William HIll again cite regulatory changes? It would turn most of those betting shops into a liability instead of an asset?

[lammylover] 23/2/2018 10:36

Sorry 330p!!

[lammylover] 23/2/2018 10:33

Not great? Huh? Underlying figures are good with Rev up 7% and Profit up 11%. Over paying for Australian business is due to tax regulation changes, but strategic review mid 2018 will see business sold to Crown? Market currently punishes poor RNS updates and current share price is at 230p - same as yesterday. If market though these results were poor, it would have been hammered...I reckon share price will gradually move upwards now as its clear performance is improving..