William Hill looks to football, horseracing to ride out crisis
Share:
(Reuters) - William Hill said on Friday it is counting on the return of Germany's Bundesliga and horseracing in the UK to turn the odds in its favour, and that it expects a lower hit to core earnings from coronavirus-led disruptions which have cancelled sports events and shut its betting shops.The British bookmaker expects each additional month of shop closures to impact core earnings by up to 15 million pounds, about half of its initial estimate, assuming the continuation of government support..