Bookies race ahead as US eases gambling regulations - News Summed Up

Bookies race ahead as US eases gambling regulations


Bookies raced ahead in afternoon trading on Monday after the US relaxed its gambling laws, providing an opening for the likes of William Hill and Paddy Power Betfair. Bookies raced ahead in afternoon trading on Monday after the US relaxed its gambling laws, providing an opening for the likes of William Hill and Paddy Power Betfair. Paddy Power Betfair jumped to the top of the FTSE 100 on the news, soaring by more than 12%. William Hill was up 30.3p to 313.1p, GVC Holdings rose 64.5p to 940p, and 888 Holdings climbed 41.6p to 312p. The energy firm is on track to achieve its full-year target, and shares closed the day 2p higher at 149.2p.


Source: Irish Independent May 14, 2018 16:41 UTC



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