- William Hill (bookmaker)
Infobox_Company
company_name = William Hill plc
company_
company_type = Public (LSE|WMH)
foundation = 1934
location =Wood Green ,London ,United Kingdom
key_people = Charles Scott (Chairman of the board), Ralph Topping (CEO)
industry =Gambling
products = Bookmaking, betting shops,online gambling
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 = yesWilliam Hill plc (lse|WMH) is one of the largest
bookmaker s in theUnited Kingdom . Its headquarters are in the northLondon suburb ofWood Green and inLeeds , West Yorkshire. It is traded on theLondon Stock Exchange and is a constituent of theFTSE 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 theinternet as 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 2007Grand National and 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 December 2006 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 in2007 because 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] ]In
2005 William Hill bought 624 betting offices in the UK,Republic of Ireland ,Isle of Man andJersey from Stanley Leisure for £504 million. The acquisition took the company pastLadbrokes into first position in the UK betting market.As well as its online sportsbook operations, the company also offers
online casino games, skill games,online bingo andonline poker , and recently launched a website covering betting news and expert opinion on the 2008 US presidential election.The
poker room sponsors theWilliam Hill Poker Grand Prix , and the company promotes sporting literature through its annualWilliam Hill Sports Book of the Year award.Notes
External links
* [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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