Bookmaker William Hill is fancied to extend a recent run of good results. Analysts at Investec reckon the FTSE 250 group’s low level of hedging on the recent boxing match between Floyd Mayweather and Conor McGregor will have helped it to outperform rival Ladbrokes Coral. Analysts at Barclays reckon a less draconian government crackdown on fixed odds betting terminals could mean it loses nearer £55m than £284m in revenue – and the odds on this are shortening. And all analysts are looking forward to 2018’s quadrennial festival of punter stupidity known as the football World Cup. Expect an extremely “low level of hedging” on any England victory. Or even a goalless draw against Costa Rica.
In fact, get a result in the government review, and William Hill may be off to the races.