William Hill Blames Economy for Upcoming Shop Closures

11 February 2009

According to the Irish Times, William Hill confirmed it will shut down 14 shops affecting 53 jobs in Ireland due to the economic downturn.

The paper said that outlets in Dublin, Cork, Limerick, Clare, Wexford and Waterford would soon close.

On Tuesday, MarketWatch reported that Goldman Sachs cut the bookmaker from buy to neutral because “the business is resilient but not immune to the wider economic environment.”