August 3, 2018 / 6:25 AM / a year ago

William Hill half-year revenue rises, plans to expand in U.S.

Aug 3 (Reuters) - British betting company William Hill Plc on Friday posted a 3 percent rise in half-year revenue, benefiting from its online sportsbook and FIFA World Cup betting.

However, the company posted a pre-tax loss of 802.3 million pounds compared to a profit of 108.6 million pounds last year, as it took a non-cash charge of 915.9 million pounds mainly for repositioning its retail business because of betting regulatory changes in Britain.

William Hill, in a separate release, announced a plan to expand in the United States.

Reporting by Sangameswaran S in Bengaluru; Editing by Bernard Orr

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