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William Hill spends on US expansion

The bookie expects to report lower operating profit than the previous year due to spending on US expansion and new customer due diligence rules for online
January 22, 2019

William Hill (WMH) is taking a gamble on expansion into the US market. The company could win big, but it will cost them. The UK bookie announced that operating profit for 2018 would be around £234m – a 15 per cent drop compared with 2017, but in line with previous guidance of between £225m and £245m.

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