William Hill CEO Resigns in Wake of Profit Warnings

UK-based gambling operator William Hill PLC announced that James Henderson is leaving his CEO post after spending two years at the company’s helm today. The professional is stepping down with instant impact. William Hill Chief Financial Officer Philip Bowcock is called Interim CEO until a replacement that is permanent found.

Commenting in the announcement, Chairman Gareth Davis said that they’re all thankful to Mr. Henderson’s and praised his contributions to the organization’s development. Mr. Davis double down casino free slots further noted that Mr. Bowcock has vision that is clear of he would consider as Interim CEO. A certain attention will be compensated to the business free double down casino codes’s somewhat struggling business that is online. William Hill’s Chairman also pointed out that a successor that is permanent Mr. Henderson will be established into the months in the future.

Mr. Henderson was appointed as William Hill CEO in July 2014. The gambling operator faced certain hardships so it could be said that his resignation does not come as much of a surprise to the industry during his tenure.

Up to the Ladbrokes-Gala Coral mega merger was announced last summer time, William Hill had been who owns British’s biggest free casino slots double down chain of betting shops. However, using the merger deal to be closed any time now, that title goes to your newly created Ladbrokes Coral business.

What’s more, two other pairs of major gambling operators joined forces early in the day this season (GVC Holdings/bwin.party and Paddy Power/Betfair), meaning William Hill now has much more resilient opponents to contend with for the bigger share both in the UK as well as the worldwide recreations betting and gaming areas. (more…)