William Hill Reports Online and Retail Growth

World famous UK gambling operator William Hill has revealed the figures for 2017’s revenue and they’re positive – there is a full year-on-year increase in revenue by 7%, as both online and retail divisions grew during the 12-month period.

The total revenue through December 31, 2017 is estimated at £1.71 billion – compared to £1.60 billion in 2016. Online gambling and land-based retailers have both grown – the online division was boosted by substantial growth in sports-betting and gaming revenue.

William Hill’s Chief Executive, Philip Bowcock, stated: “William Hill begins 2018 in a stronger position after a year of significant change for the business. We continue to gain ground in the UK where customers are responding to our improved online and omni-channel offers. We are a leader in sports betting in the US and are well positioned to benefit should more states start to regulate if the pending Supreme Court decision is positive.”

He added that the company will be investing in online and omni-channel innovations as well as into US breakthrough: “Having transformed many areas of the business, momentum continues to build and the significantly strengthened leadership team is focused on delivering on the exciting growth opportunities that lie ahead of us.”

In other news, William Hill also announced significant changes within their senior management team. They’ve appointed Ilrik Bengtsson to the Chief Digital Officer role and he will be reporting to Bowcock. He will have the oversight of online and global data, brand, marketing and customer service. Likewise, Crispin Nieboer will be taking on the role of group’s corporate Development Director and he will be monitoring strategic growth opportunities on a global basis with a particular focus on the US.