- William Hill (bookmaker)
company_name = William Hill plc
company_type = Public (LSE|WMH)
foundation = 1934
Wood Green, London, United Kingdom
key_people = Charles Scott (Chairman of the board), Ralph Topping (CEO)
products = Bookmaking, betting shops,
revenue = £940.4 million (2007)cite web |url=http://miranda.hemscott.com/ir/wmh/ar_2007/download/pdf/ar2007.pdf |title=Annual Report 2007 |accessdate=2008-08-10 |publisher=William Hill|format=PDF]
operating_income = profit £265.8 million (2007)
net_income = profit £157.4 million (2007)
num_employees = 14,600 (2007)
homepage = [http://www.willhill.com/ www.willhill.com]
intl = yes
William Hill plc (lse|WMH) is one of the largest
bookmakers in the United Kingdom. Its headquarters are in the north Londonsuburb of Wood Greenand in Leeds, West Yorkshire. It is traded on the London Stock Exchangeand is a constituent of the FTSE 250 Index.
The company was founded in
1934. It operates in the UK, the Republic of Ireland and most recently have opened chains in Madrid, Spain under the 'Victoria' banner. It also offers betting by phone and over the internetas well as through its bookmaking shops. The internet section has grown fastest in recent years, although its telebetting call centres took 125,000 bets on the 2007 Grand Nationaland its betting shops process more than 889,000 betting slips on an average day [ [http://www.williamhillplc.co.uk/ William Hill PLC website - see "About Us"] ] .
In the financial year ending
26 December2006 it made a pre-tax profit of £292.2 million on a turnover of £894.2 million, producing a total profit of around 19 per cent at £166.8 million. [ [http://www.williamhillplc.co.uk/ William Hill PLC website - see "Financial Information"] ] It expects its profits to be lower in 2007because of the abandonment of a major upgrade to its internet betting platform. [ [http://www.guardian.co.uk/business/2008/jan/10/williamhill.gambling/ The Guardian, London, 10 January 2008] ]
The company announced in February 2008 that it was promoting Ralph Topping to be its new CEO. Mr Topping took a Saturday job at a William Hill betting shop near
Hampden Park, Glasgow, in 1973 and worked his way up through the ranks. [ [http://business.timesonline.co.uk/tol/business/movers_and_shakers/executive_movers/article3412608.ece The Times, London, 22 February 2008] ]
2005William Hill bought 624 betting offices in the UK, Republic of Ireland, Isle of Manand Jerseyfrom Stanley Leisure for £504 million. The acquisition took the company past Ladbrokesinto first position in the UK betting market.
As well as its online sportsbook operations, the company also offers
online casinogames, skill games, online bingoand online poker, and recently launched a website covering betting news and expert opinion on the 2008 US presidential election.
pokerroom sponsors the William Hill Poker Grand Prix, and the company promotes sporting literature through its annual William Hill Sports Book of the Yearaward.
* [http://www.willhill.com/ Official site]
* [http://www.williamhillplc.co.uk/ Corporate relations site]
* [http://uk.finance.yahoo.com/q/pr?s=WMH.L Yahoo Finance profile]
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