iGaming Business – James Henderson, chief executive officer of William Hill, has cited the ongoing development of the bookmaker’s UK and international businesses as one of the main reasons behind a successful set of results for the 13 weeks through to September 30, 2014.
The bookmaker reported that group net revenue in the third quarter increased by 23% on a year-on-year basis when compared with the corresponding period last year.
Revenue generated from online operations jumped 55% in the period while the firm’s retail and Australian businesses increased by 9% and 17% respectively.
Elsewhere, the firm also recorded a significant jump in operating profit, which grew by 89% in comparison with Q3 of 2013.
William Hill’s Australian business posted a 384% increase in operating profit, the firm’s online operation rocketed by 126% and its retail arm grew by 31%.
The firm also noted that mobile wagering was up 38% in the period while revenue generated from mobile gaming activities was up 116%.
In addition, US wagering activity was up by 21% and mobile growth jumped by 88%.