{"id":3317,"date":"2011-01-19T17:16:30","date_gmt":"2011-01-19T17:16:30","guid":{"rendered":"http:\/\/www.betangel.com\/blog_wp\/?p=3317"},"modified":"2012-03-04T17:54:26","modified_gmt":"2012-03-04T17:54:26","slug":"bookmakers","status":"publish","type":"post","link":"https:\/\/www.betfairtradingblog.com\/blog_wp\/2011\/01\/19\/bookmakers\/","title":{"rendered":"Bookmakers still alive and well"},"content":{"rendered":"

William Hill came out with a year end statement today and the headline results were pretty good. Net revenue is expected to come in up 7% on the year delivering EBITDA of around \u00a3275m up from \u00a3258m in the prior year. Online revenue has grown 24% with sportsbook turnover up 57%.<\/p>\n

One other note from the statement was that 47% of scheduled UK racing meetings were cancelled in December.<\/p>\n

Full results will be out in late February. It seems traditional bookmakers are coping quite well in the modern marketplace.<\/p>\n

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William Hill came out with a year end statement today and the headline results were pretty good. Net revenue is expected to come in up 7% on the year delivering EBITDA of around \u00a3275m up from \u00a3258m in the prior year. Online revenue has grown 24% with sportsbook turnover up 57%. One other note from […]<\/p>\n

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