Day: 15 January 2018

William Hill May Dispose of Australian Assets Due to Gambling Crackdown

Mon 15 Jan 2018 13.19 Olivia Cole
William Hill May Dispose of Australian Assets Due to Gambling Crackdown

Today, the British gambling operator William Hill published a trading statement for the year ended on December 26th, 2017 sharing its expectations for its full-year profit. The company further hinted that it may be considering a possible sale of its Australian assets due to tougher regulatory regime. According to the operator’s preliminary expectations, its annual adjusted profit for the past year is to increase by 11% in comparison to the 2016 result, reaching an estimated of £290 million, with this result being larger than analysts’ expectations. William Hill shared that…

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South Carolina Unlikely to Make Sports Betting Legal in Current Legislative Session

Mon 15 Jan 2018 8.19 Daniel Williams
South Carolina Unlikely to Make Sports Betting Legal in Current Legislative Session

The South Carolina’s lawmakers from the Democratic party have shared their hopes that sports betting is to be officially legalised in the state some day. Still, they have shared that it would be too risky for the representatives of the Republican party to make the amendment over the current legislative session. According to a new report that was released last week, South Carolina was considered one of the eighteen states that have been considering whether to make sports betting legal over the current session, or not. To date, sports betting…

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