William Hill profits soar

Former Playtech-powered online betting casino William Hill has enjoyed a significant spike in profits since completing their £424 million buyout of online casino games giant Playtech’s previous 29% stake in the company.

Since then William Hill shares have risen from 3.5 per cent significantly to 404.1 per cent.

William Hill’s gross revenues increased by 21% to profits of £43.3 million from the beginning of the year to 2 April (when the buyout was drawing to a close) which is a full 13% higher than revenues were over the same period during 2012.

In particular, the online sportsbooking extraordinaire enjoyed a rise in sportsbook bets from mobie devices.