If the big guys had stopped moaning about Betfair and worried more about balancing their books by heading at better prices, the financial market would be shedding less tears...
William Hill down on its luck
Profits at the company dropped to £91.5m in the six months to 30 June, down from £111.1m a year earlier, due in part to a poor performance in horse racing. It admitted that trading has been disappointing this month, and claimed to have lost money on every major horse race in recent months, with the exception of the Grand National.
Boohoo, only £91.5m profit.
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