Online Casino Operator William Hill Disappointed Investors

The last year 2016 will surely not be a year of success or at least a positive overall development with the British bookmaker and online casino operator Sports Betting William Hill, Sports Betting because too many problems and persisting difficulties were a common thread throughout the 12 months. Already at the end of the first quarter of 2016, the stockholders had to swallow the first bitter pill when the company came out with a profit warning.

For a long time this development was classified by William Hill as a temporary and sports betting soon to be tackled problem and the board spoke again and again about the upcoming turnaround. However, the reorganization of the Group and the increase in profitability do not appear to be as straightforward as the now published financial update disappointed investors once again, Sports Betting continuing the negative trend of the past year.