William Hill Share Discussion Threads

[archibald5] 01/6/2018 12:45

Delaware have beaten New Jersey to legalised Sports Betting, June 5th at 1330.
William Hill such a low price at mo, anyone would think there is a 'tree-shaker' on.
Watch for developing stories next week. New Jersey hoping for June 8th, after vote on June 7th.

[mirabeau] 31/5/2018 18:12

PA Casinos Can Start Applying For Sports Betting Licenses Today
Dustin Gouker, May 31, 2018 09:15 PDT@dustingouker
PA sports betting starts

Pennsylvania casinos can now officially start petitioning the state to offer sports betting, according to state regulators.

[loganair] 29/5/2018 09:03

I understand New Jersey legislators vote on the 7th June to bring in on line gambling.

[archibald5] 29/5/2018 08:47

in addition, Atlantic City Ocean Resort Casino has partnered with William Hill.

[archibald5] 29/5/2018 08:44

William Hill Sports book is delayed to June 7th/8th.

[wynmck] 23/5/2018 10:45

think the New Jersey op will be up and running next Monday 28th

[trentendboy] 22/5/2018 22:18

Steady as she goesThey really need to buy up some US assets and quickly to build on what they have already

[trentendboy] 17/5/2018 15:58

If 2020 is the date then the increase in share price is to be expected.

That is the crucial issue

[jarega85] 17/5/2018 15:45

Baffled as to how this is blue, but suppose you cant complain

[wynmck] 17/5/2018 11:43

lovely rise

[frazboy] 17/5/2018 10:34

fascinating price action - i wasn't too surprised by the bounce this morning, but i was expecting it to slide from the retrace. but no, it's heading north and has momentum (at the time of writing), and may even finish blue. the only reason i can think of for this, is it was originally suggested that the government may also increase betting taxes to compensate for the loss of revenue from FOBT. perhaps that may still happen, who knows, but the removal of uncertainty on the FOBT is definitely being warmly received.

[loganair] 17/5/2018 10:12

Legislation not expected until 2020.

[frazboy] 17/5/2018 10:11

i'll answer my own question... "some time next year"

[frazboy] 17/5/2018 10:07

anyone know when the FOBT new limit kicks in...?

[noujay] 17/5/2018 09:44

This is now ripe to be taken out and it's the last one not to be involved in consolidation so reasonable to expect some action on that front soon IMO

[scotches] 17/5/2018 09:00

The employment argument is complete nonsense. The financial wellbeing of wherever a bookmaker is located would be better without that shop since the wages of the staff will not in any way compensate for the losses incurred by punters in that area. Bookmakers are predominantly located in less affluent areas so the govt has taken an entirely rational decision for the greater good. Hills wanted to keep their easy, risk-free profits at the expense of addicts mental and financial health.

I use Hills shops regularly to bet on sport. At least 20 times in the last football season I have made a selection only to be told the price had changed - ie had been cut. These were all for stakes of £50 or less so I declined to bet. All bets at published coupon prices should be held to take out say £100 ie an amount that will accommodate the customer without real financial risk to the bookmaker. This would be normal business practice to encourage custom - they might have to address issues like that now the easy addict money has gone.

[frazboy] 17/5/2018 08:59

Consenus forecasts for 2019 were £287, knock off £85m as per mid point guidance, and you're left with a snip over £200m - that's a 30% reduction in OP. the shares are holding up well

[markycrispy] 17/5/2018 08:35

It's not good news which ever way they look at it !They need to find a way of regaining that revenue from the gambling addicts - suspect they will invent something else for them to do while in the shops - like bet on two flies crawling up a wall LOL !

[frazboy] 17/5/2018 08:33

bizarre prize action. i know that the markets don't like uncertainty, and that's been removed, but, it's still a bit of a hammer blow, even if it was suspected that it was coming!?

[markycrispy] 17/5/2018 08:20

was expecting a much bigger fall today - don't see it finishing blue but you never know

[chris79] 17/5/2018 08:19

Weird market reaction to say the least, I assumed there would be a big overreaction down. WMH down 3% on the FOBT news compared to MARS down 10% yesterday on an in-line trading statement. As usual bizarre, IMO

[buzzzzzzzz] 17/5/2018 08:12

It's about time this happened.

Get back to being a bookie and not a casino!

[pete160] 17/5/2018 08:00

fairenough11
It was GVC that bought Ladbroke/Coral but they have a mechanism in the price to reflect the outcome of the review. They stole a march on others to secure a good deal imo.

As for the future, the industry now has an excuse to slash the number of (relatively expensive) physical outlets and push punters online or on mobile. Employees will suffer far more than punters (who will just move to less regulated pubs, clubs, etc).

The shops that will shut will be the ones in less affluent areas where the jobs created in the shops and supporting the shops are badly needed. Still at least they might be able to volunteer at the thousands of charity shops that will now be just about the only thing left in many of these places!

[wynmck] 17/5/2018 07:58

Paddy Power statement welcoming the government intervention!!