William Hill is quoted on the London Stock Exchange (symbol WMH.L). Market Cap: £2.9bn as at 16 May 2014(down from 4.07bn in 2013) William Hill employs around 17,000 people in the UK, Gibraltar, Israel, Bulgaria, Italy, Spain, the US, Australia and the Philippines. (http://www.williamhillplc.com/media/key-facts.aspx)
871,895,357 shares in issue as at 30 April 2014
Describe board of directors(pg 50) short summary and name key executives (http://www.williamhillplc.com/media/press-releases/2014/2014-05-08.aspx)
State revenue by sector and by location in percentages.
2013 Headline figures
Amounts wagered: £7.8bn(+33%)
Net revenue: £1.49bn(+16%)
Operating profit: £335.0m(+1%)
Profit before tax: £257.0m(-7%)
Basic, adjusted EPS3: 28.8p(+6%)
Revenue Breakdown: telephone 1%, retail 61%, online 30%, william hill us 2%, William hill Australia 6%,
UK operations generated 85% revenue in 2013(down from 91% in 2012 – good, means diversifying strategy is working)
Mobile gaming net revenue grew 166% in 2013
The proportion of revenues coming from outside the UK increased from 9% in 2012 to 15% in 2013 following the growth of the US business, the development of the international markets within Online and the acquisition of Sportingbet and tomwaterhouse.com in Australia. UK Retail business remains the primary driver of revenues, with Online continuing to grow as a proportion of the business. In 2013, Australian revenues were almost nine months of the Sportingbet business and almost five months of the tomwaterhouse.com business. It was the first full year of contribution from William Hill US.
William Hill plc is one of the largest bookmakers in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Founded in 1934, William Hill is one of the best-known names in the UK gambling industry. The company started out as a postal / telephone betting service where a punter would send a bet with a cheque weeks in advance of an event. In 1961, betting shops became legal and William Hill joined the market in 1966. Today we are the largest UK operator of betting shops, with over 2,390 shops representing around 26% of the market. 1998 was an important year for William Hill, when we became the first in the industry to launch an online betting facility, our Sportsbook. The Internet has changed the face of the industry, bringing in new, younger punters for a range of gambling and gaming activities, as well as providing an easy way to place a bet.
A trusted brand, taking almost £19bn in stakes in 2012,
Today we are the largest UK operator of betting shops, with over 2,390 shops representing around 26% of the market. 1998 was an important year for William Hill, when we became the first in the industry to launch an online betting facility, our Sportsbook.
Founded in 1934, William Hill is one of the best-known names in the UK gambling industry. The company started out as a postal / telephone betting service
Main operations are based in the UK, comprising a land-based business with more than 2,400 retail betting shops and an online business that offers sports betting and gaming products via the internet, mobile devices and SMS text messages. We are the market leader in both areas in the UK. We also operate in Australia, providing local customers a wide range of sports betting products through online and telephone.
Small paragraph about gambling industry
Represent around 25 per cent of the market throughout the UK and Ireland.
Betting shops in the UK 2,432, #1 in UK by shops (26% market share in terms of shops 2013)
In August 2010, William Hill launched a training programme for its 10,000+ workforce to combat underage gambling in its retail outlets (http://www.cipd.co.uk/pm/peoplemanagement/b/weblog/archive/2010/08/88/staff-at-william-hill-train-to-avert-underage-gambling-2010-08.aspx)