down cross right results icon premium content video audio lifeNews icon-comment tick starFilled betSlip hot icon-liveCommentary refresh spinner
coral logo ladbrokes logo betway logo williamHill logo bet365 logo paddypower logo 888sport logo
TODAY'S OFFERS
TODAY'S BOOKMAKER OFFERS
Exclusive to new customers
  • View offer
    £20 Risk free first bet
    Claim here
    Open an account with Paddy Power and place your first bet on any Sportsbook market and if it loses they will refund your stake in cash, max refund for this offer is £20. Limited to one per person. If you've previously had a Paddy Power account, you will not qualify for the offer. Only deposits using Cards or Paypal will qualify. T&Cs apply
  • View offer
    Up to £100 in Bet Credits
    Claim here
    Min deposit £5 and 1x settled bet requirement to release Bet Credits. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
  • View offer
    Bet £10 get £30 in free bets
    Claim here
    Open a betting account with Coral through our site and when you place your first bet on horse racing (£10 or more) they'll give you 3 x £10 free bets. 18+. UK+IRE New Customers Only. First bet at least £10 or £10 each-way, at fractional odds totalling 1/2 or greater. Free Bets credited as 3 x £10. Free bet valid for 4 days. Free bet will not be included in any winnings. T&Cs Apply
  • View offer
    Bet £10 get £30 in free bets
    Claim here
    Open an account with William Hill using promo code C30, bet £10 and get £30 in free bets. Min £10 stake, win only, min odds 1/2, free bets paid as 3 x £10, 30 day expiry, free bet/payment method/player/country restrictions apply. T&Cs apply
  • View offer
    Bet £5 get £20 in free bets
    Claim here
    Open an account with Ladbrokes using promo code 20FREE and place a bet of £5 and you'll get £20 in free bets. 18+. UK+IRE New Customers Only. Min £5 bet within 14 days of account registration at min odds 1-2. Free Bets credited as 4 x £5. Free bet valid for 4 days on sports, stake not returned, restrictions apply. T&Cs Apply
  • View offer
    Up to £30 in free bets
    Claim here
    Join betway, opt in, deposit £10 or more and you will get a 100% matched amount, up to £30 as free bets to split however you like. T&Cs apply. 1 x wagering at odds of 1.75+ to unlock free bet. Deposit by card or paypal only.
  • View offer
    Bet £10 get £40 in free bets
    Claim here
    Join 888sport using promo code RACING and when you bet £10, you'll get £30 in free bets PLUS £10 in free bets on any horse racing market. Min deposit £10. First bet minimum odds 1-2. Free bet credited upon qualifying bet settlement and expires after 7 days. Free bet stakes not included in returns. Deposit method and withdrawal restrictions apply. T&Cs apply.
  • View offer
    Bet £10 get £40 in free bets
    Claim here
    Open a betting account with Coral through our site and when you place your first bet on horse racing (£10 or more) they'll give you 4 x £10 free bets. 18+. UK+IRE New Customers Only. First bet at least £10 or £10 each-way, at fractional odds totalling 1/2 or greater. Free Bets credited as 4 x £10. Free bet valid for 4 days. Free bet will not be included in any winnings. T&Cs Apply
  • View offer
    £50 Risk free first bet
    Claim here
    Open an account with Paddy Power and place your first bet on any Sportsbook market and if it loses they will refund your stake in cash, max refund for this offer is £50. Limited to one per person. If you've previously had a Paddy Power account, you will not qualify for the offer. Only deposits using Cards or Paypal will qualify. T&Cs apply
  • View offer
    Bet £10 get £30 in free bets
    Claim here
    Open an account with William Hill using promo code C30, bet £10 and get £30 in free bets. Min £10 stake, win only, min odds 1/2, free bets paid as 3 x £10, 30 day expiry, free bet/payment method/player/country restrictions apply. T&Cs apply
  • View offer
    Bet £10 get £40 in free bets
    Claim here
    Open an account with Ladbrokes using promo code RP40 and place a bet of £10 and you'll get £40 in free bets. 18+. UK+IRE New Customers Only. First bet at least £10 or £10 each-way, at fractional odds totalling 1-2 or greater. Free Bets credited as 4 x £10. Free bet valid for 4 days. Free bet will not be included in any winnings. T&Cs Apply

William Hill preparing for Australian sale

William Hill sponsor Australia's Cox Plate but may now exit the market
1 of 1

William Hill have appointed Citigroup as advisers on a sale of their Australian business, although reports from Australia suggesting a deal could be done by next month's results announcement are understood to be very ambitious.

The bookmaker revealed on Monday they were carrying out a strategic review of their Australian arm, saying that a ban on credit betting and the likely introduction of a point of consumption tax in a number of states there meant "it is clear that profitability will increasingly come under pressure."

Hills' Australian business could fetch from Aus$200 million to Aus$300m (approximately £115.5m-£173m/€130m-€195m), although all options are understood to be on the table, including splitting the business off into a joint-venture with another partner or a merger.  

Last year the company said they had engaged in "very preliminary" talks with local rival Crownbet about a deal, while Paddy Power Betfair's Australian arm Sportsbet would be among the frontrunners to buy the business to help meet the challenge of the newly-merged Tabcorp and Tatts Group.

Reacting to the report in the Australian Financial Review, analysts at Goodbody said: "While losing international diversification is a negative, the [William Hill] Australian business is likely to struggle to remain profitable as a standalone business given likely increased taxation and the credit betting ban. Without scale, divesting of the business makes sense."

Hills did not wish to comment.

The news of the review came alongside a trading update that revealed Hills' overall profits for 2017 would be ahead of expectations, thanks to a run of favourable sports results, with full-year adjusted operating profit for 2017 expected to be around £290m, up 11 per cent on the previous year.


Members can read the latest exclusive interviews, news analysis and comment available from 6pm daily on racingpost.com


 

 

The Australian business is likely to struggle to remain profitable as a standalone business given likely increased taxation and the credit betting ban
Bookmaker
Price
E.W. Terms
Sporting
BetVictor
Sky bet
Boylesport
RaceBets