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Online profits to boost William Hill

Bookmaker William Hill, which has 35 shops in the Republic of Ireland, has said it expects to report a profit of around £250m for 2009.

In a trading update, it said revenue for the final quarter of 2009 was 6% ahead of a year earlier, while net revenue for the full year was expected to be around 4% higher than in 2008.

Profits at its online operation were around 35% higher than in 2008, William Hill said.

William Hill also announced that its chairman Charles Scott would stand down by the end of this year.

Meanwhile, Irish bookmaker Boylesports has named Lee Richardson as its new chief executive officer. He joins the company from Chartwell Technology, a Canadian-based gaming software provider.