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William Hill 17-week Net Revenue Up 2% - Quick Facts

William Hill plc (WMH.L) issued a trading update for the 17 weeks to 30 April 2019. Group net revenue for the period increased 2% from prior year. The Group said its full-year outlook remains in line with its view.

For the period, online net revenue was up 8%, with gaming revenues up 28% and Sportsbook revenues down 11%. On a pro forma basis, online net revenue was down 6%, with gaming flat and Sportsbook down 12%. Retail net revenue was down 7%, for the period. For the Group's US business, total net revenue was up 48% (up 39% in local currency).

Philip Bowcock, CEO, said: "Online continues to show good momentum as we focus on growing our mass market customer base, while Retail has begun to adapt to the new machine gaming stake limit."

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