William Hill Profits Jump
4 Mar 2004
UNITED KINGDOM – As reported by the BBC News: "Britain's second-biggest betting shop chain saw its pre-tax profits after exceptional costs come in at £170.8m ($319.1 million), up from £32.4m (US$59.1 million)last year.
"William Hill said its gross win - the amount left behind by punters after betting - rose 17% in the first eight weeks of the current year.
"…William Hill, which runs about 1,600 betting shops and offers telephone and online gambling, said it was looking to boost shareholder value through share buy-backs.
"Its stock has outperformed the FTSE 100 index by more than 90% in the past year…"