Join our community of smart investors

William Hill suspends dividend in coronavirus warning

The gambling operator earned over half of its revenues last year from sports bets
March 17, 2020

William Hill (WMH) has scrapped its dividend and warned of a possible £110m hit to profits in response to the abandonment of elite sporting events. The 86-year old gambling company generated 53 per cent of its 2019 revenues from sports betting.

IC TIP: Sell at 52.52p
This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in