Shares in focus: Should you take a punt on William Hill?

The betting firm is a decent business that’s worth a flutter, says Phil Oakley.

Investing in such things as tobacco, alcohol or gambling is not to everyone’s taste. That’s understandable, but these types of businesses have been very generous to investors over the years.

The companies that become the industry leaders in these areas tend to be very successful at marketing their products, and when it comes to gambling, bookmaker William Hill has proved that it has got what it takes to do well.

Up until quite recently, you might have thought that being a bookmaker was a licence [...]

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