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WilliamHill
Mr. William Hill

William Hill - 1903 - 1971

William Hill Vital Statistics

Website:
www.williamhill.com
www.williamhillplc.com

Subsidiaries:
21Nova (Formerly 32Vegas), BetMostPoker, EuroGrand, Joyland, PrestigeCasino, Ruby Bingo, SkyKings.

Established:
William Hill was founded in 1903 by the man himself Mr. William Hill. William Hill has been online since 1998.

Listed:
Listed on London Stock Exchange in 2002

Platforms:
Sports, Casino, Poker, Games, Vegas, Live Casino, Skill, Bingo, Virtual, Financials, Mobile.

Software Providers:
Sports – To be confirmed
Casino - To be confirmed
Poker - To be confirmed
Games - To be confirmed
Vegas - To be confirmed
Live Casino - To be confirmed
Skill - To be confirmed
Bingo - To be confirmed
Virtual - To be confirmed
Financials - To be confirmed
Mobile - To be confirmed

Holding Company:
WHG (International) Limited and WHG Trading Limited.
William Hill Online is the UK’s most profitable online bookmaker. 71% is owned by WHG, 29% owned by Playtech and they employ 19,600 staff in the UK, Ireland, Israel and Bulgaria.

Country of Operation:
Gibraltar/UK

Licenses:
Licensed by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner .

Methods of Payment:
Visa, Mastercard, Visa Electron, Delta, Maestro, Solo, Bank Transfer, Cheque, Quick Cash, Neteller, Postal Order, PayPal, Skrill (Moneybookers), Click2Pay, ClickAndBuy, PaySafeCard, Ukash, Local Bank Transfer, WebMoney, Przelewy24, Sofortüberweisung, Giropay, Nordea, Abaqoos, iDEAL, Moneta.ru, InstaDebit, Poli, Euteller, Speedcard, Fundsend, eKonto, Boleto Bancario, eWire, Eps, Multibanco, Linea Abierta, BankLink, Teleingreso, Gluepay, CashU, Mistercash, UseMyBank.

Accepted Currencies:
Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), Danish Krone (DKK), Pounds Sterling (GBP), Hong Kong Dollar (HKD), Japanese Yen (JPY), Swedish Krona (SEK), Singapore Dollar (SGD), US Dollar (USD), EURO (EUR).

Address:
William Hill
Greenside House
50 Station Road
Wood Green
London N22 7TP
UK

Email:
customerhelp@williamhill.co.uk

Telephone:
Tel: +44 020 8918 3600

William Hill Screenshot

About William Hill

William Hill was founded in 1903 by the man himself Mr. William Hill. They were listed on the stock market in 2002. Their financial results in 2003 showed that they had benefitted from a combination of the 2002 World Cup and the scrapping of betting tax in the UK. They reached record profits for the company with a pre-tax profit of £141.4m. William Hill were promoted to FTSE100 in April 2004. In June 2004 William Hill’s Chief Executive David Harding sold his stock worth £5.2 million, almost his entire shareholding. This resulted in the market confidence in William Hill declining as cynics believed that he was getting out whilst the going was good. In the Defence of Harding, it later transpired that the funds had been raised as part of a divorce settlement. In August 2004 William Hill were named as the FTSE 100’s best performer, however after an increase in operating costs and a run of unfavourable results they were named as the worst performer in a weakening FTSE100 in November 2004.

In 2005 William Hill agreed a deal with Stanley Leisure worth £504m which included the acquisition of 624 of Stanley Leisure’s betting shops. This deal put William Hill as Britain’s biggest bookmaker overtaking Ladbrokes and left William Hill with 2237 betting shops. Later that year William Hill agreed to sell 48 of its betting shops to Tote Bookmakers for £20m. This move was to satisfy the ruling of the Office of fair Trading due to the acquisition of Stanleybet.

In 2006 William Hill took a prudent move to exclude the US market from its gambling site due to blurred regulations. It transpired to be a smart move as rival Sportingbet was hit massively in the US market which included the arrest of its director.

Both William Hill and Ladbrokes were prevented from making a bid on the government owned bookmaker, The Tote due to competition rules. Subsequently it was Betfred who sealed the deal in the acquisition of Tote in July 2011.

In November 2007 William Hill won a licence to open betting shops in Spain in a joint venture with Codere. William Hill’s rival Ladbrokes failed to secure a licence. This was not a great success for William Hill.

In 2009 William Hill closed 14 of its betting shops in the Republic of Ireland due to the pressure of the recession. During this time William Hill also refinanced its debt with a £350m rights issue which was underwritten by Citigroup. Ralph Topping, William Hills chief executive also threatened to move William Hill’s internet operations to Gibraltar if the government did not relax its tax liabilities. Following through with this threat William Hill moved their operations to Gibraltar later that year. Adding to the drama William Hill also faced court action from 32Red regarding infringement claims of its 32Vegas brand. William Hill later changed the name 32Vegas to 21Nova after the court ruled in favour of 32Red. See full details of the court case here.

The Betting Exchange Argument.

In 2002 John Brown (William Hill’s Managing Director at the time) presented an argument for the illegality of betting exchanges such as Betfair and Betdaq. He insisted that under UK's 1963 Betting, Gaming and Lotteries Act, bookmakers require a permit to lay bets. Exchange customers lay bets without a permit. This argument was not supported by all bookmakers; Paddy Power voiced their support for the existence of betting exchanges, whilst Victor Chandler reported that his only gripe was that he hadn’t thought of the concept himself. Ladbrokes however, were supportive of Brown’s argument. The argument was not initially acknowledged by the UK government who did not take any action on the existence of betting exchanges. John Brown accused the Government of a “dereliction of duty”. The argument of John Brown was later looked at by a committee of peers and MP’s in March 2004 after allegations of betting exchanges being used by sports personalities to abuse the system. Jockeys Kieren Fallon, and Sean Fox, were both indirectly accused of deliberately losing races.
In May 2005 Betfair secured a Maltese Gambling Licence enabling Betfair, not only to supply online poker but it was also a prudent move which would allow Betfair to operate its betting exchange from Malta if the UK government chose to implement stricter gambling legislation regarding betting exchanges. This never did materialise as the UK government deemed Betfair to be legal. In November 2005 William Hill gave up the ghost and moved with the times using betting exchanges to their advantage. They sidelined on-course bookies as their hedging policy and instead began to use betting exchanges themselves.

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