William Hill's betting shop business to slump to loss of around £30m

The group - which is being bought by US casino giant Caesars Group in a £2.9bn deal - said the full-year revenue fall comes despite a better end to 2020, with net revenues lifting 9 per cent in the fourth quarter to December 29.

But the impact of lockdowns and restrictions on its retail estate and live sport amid the pandemic meant 2020 full-year net revenues fell 16 per cent to £1.3bn.

Its 1,414 betting shops were hit hard, with the group saying they had been on course to break even in the third quarter before the fourth-quarter restrictions saw the estate closed across much of the UK.

William Hill employs 1,300 people in Leeds.

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