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WILLIAM HILL H1 OPERATING PROFIT DOWN
07th August, 2015 at 09:13:10
Increased UK machine games and online gaming taxes take their toll.
British online and land gambling operator William Hill
plc has posted H1-2015 results to end June reporting a 12% fall in operating profit, which the company attributes to increased machine games duty and a new tax on bets made online by UK-based customers.
Operating profit was £ 155.7 million for the half-year, down from £ 176.9 million in the comparative period in 2014.
Group revenue was almost flat at £ 808.1 million, with encouraging online growth, especially in Australia, of 7 percent.
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