It's a big number. But I suppose that's what William Hill takes in four days during the Cheltenham festival. And football betting, especially from Asia, is growing.
More Quotes from Nigel Parson:
These companies are attractive because they have stable, cash-generative businesses. Interest rates are low and private equity has lots of money. They can leverage debt against these cash flows.Nigel Parson
It's a volatile high-roller casino which does not sit easily in such a small quoted company. We believe that it has more value as a 'trophy asset,' or to a group with genuine high-roller international reach.
Nigel Parson
There is a lot of business and balance sheet restructuring to be done that would benefit from being away from the public eye but, once complete, the price is a compact, good quality, highly cash generative company.
Nigel Parson
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