We reported last week that William Hill enjoyed a bumper first quarter of the year, and it’s already looking to reinvest its earnings, by plugging £80m into buying Australian bookmaker CentreBet. The purchase has not yet been officially confirmed but it seems that Hills have stolen a march on Bwin and Ladbrokes, who have taken their eye off the ball during new chief executive Richard Glynn’s first week at work. Which is a shame, because £80m is exactly the amount the Magic Sign received from the taxman recently. Read more.
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