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William Hill plans to start reopening its high street betting shops in the second half of this year. The gambling firm revealed it would start a "staged opening" in the second six months of the year, which begins in July.
We are taking care of our teams, securing as many employment opportunities as possible and we are ready to power up the business as soon as Covid restrictions permit," said chief executive Ulrik Bengtsson.
Bookies have remained closed across the UK and sports events have been postponed since the coronavirus lockdown was implemented, leading to a drop in revenue for the gambling industry.
However some have found more obscure events, such as table tennis or emerging market football, causing online sports wagers to fall by less than expected, William Hill said.
Mr Bengtsson said: "We reacted quickly to the cancellation of sports activities and the closure of our retail estate.
We took immediate measures to save costs, reduce cash outflow and minimise non-essential expenditure by negotiating with our suppliers, cancelling pay rises and executive bonuses and suspending the dividend.
He added: "Our ambition to build a digitally led, internationally diverse business of scale is proving beneficial during the disruption as our international online business has performed very strongly.
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