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William Hill posts higher revenue, boosted by U.S. push, online demand

(Reuters) – British bookmaker William Hill (WMH.L) on Thursday reported a slight rise in revenue for the 17-week period since its first-half results, benefiting from more demand for online gambling and its aggressive expansion in the United States.

The company, which plans to cut about a third of its betting shops and jobs in Britain, reiterated its full-year expectations and posted a 60% jump in net revenue from the United States, for the 17 weeks ended Oct. 29.

Source – Reuters

Image – Photo © Ian Rainey (cc-by-sa/2.0)