News

Thirsty punters will mull over the outlook for pubs when Greene King and Spirit Pub Company report today and tomorrow respectively.

William Hill buys US bookmakers

Britain's biggest bookmaker William Hill yesterday announced another acquisition as part of its drive to become a key player in the US betting market.

Market Report: Contrarian investors help Morrisons advance

WM Morrison managed to reach its highest level for more than six months last night after the supermarket was picked out as a great bet for "contrarian investors". The group jumped up 3.1p to 297.9p, the latest rise in a run that has seen it lifted nearly 8 per cent since the start of April, as HSBC said the food retailers – and Morrisons in particular – were the best choice for those who like to go against the crowd.

David Prosser: Keeping the bets on America small

Outlook William Hill's push into the US continues, with the bookmaker's purchase of Nevada's Brandywine Bookmaking yesterday following two acquisitions unveiled last month. The deals reflect the expectation the US is close to liberalising gambling legislation, with cash-strapped states across the country recognising the potential tax revenues on offer.

Bookies feel the chill – 50 years after coming in from the cold

Betting shops became legal in 1961, but now the industry is feeling threatened. Mark Leftly reports

A gamble that paid off: Fifty years on betting shops are glossy recession-busting businesses

Stan Hey, veteran of the early days, says the thrill is the same

Alex's Adventures in Numberland, By Alex Bellos

Suddenly it all adds up...

William Hill comes through strongly

The bookmaker William Hill has hailed "excellent" trading after its retail arm performed well in the face of consumer uncertainty.

Market Report: Sceptics widen odds on bwin.party's US chances

April has proven to be a dramatic month for bwin.party so far, and the rollercoaster continued yesterday as it slumped to the bottom of the mid-tier index. Declining 8.6p to 163.9p, the online gambling group was knocked back by sceptical comments over the chances of its being able to operate in the US.

William Hill gambles on expansion into the US

William Hill, Britain's biggest bookmaker, has put down a $39m (£24m) wager on the US market, buying two Nevada sports-betting firms in what it promises is just the start of its international adventure.

888 denies link to Ladbrokes talks as chief executive Gigi Levy steps down

Gigi Levy, the chief executive of online gaming company 888, is stepping down "to pursue other interests" after six years in the top job.

Britons enjoy weekend of sunshine

The Spring sunshine is set to drench the majority of the UK again today with more warm weather bringing a fine end to Britain's glorious "barbecue weekend".

Media Diary: Max gives Tom a brisk caning

Magazine journalism

This week's Spectator smartly commissions that opponent of press intrusion Max Mosley to review the latest work by investigative journalist Tom Bower.

Market Report: Broker's U-turn pushes Arm Holdings higher

Traders may have been left twiddling their thumbs yesterday morning after a technical glitch stopped trading on the London Stock Exchange, but once things got going Arm Holdings managed to power ahead as analysts from Bank of America Merrill Lynch ate humble pie.

The business on...Ralph Topping, Chief executive, William Hill

Another example of how the bookie always wins?

Afraid so. Mr Topping was able to present the market with a strong set of results from William Hill yesterday – profits up 7 per cent to £277m – thanks to the World Cup and money it made in the gaming machines it has installed in many shops now.

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Prices correct as of 21 November 2014
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