Association of British Bookmakers, the leading trade association representing high street (off course) bookmakers in Great Britain
Bookmakers Afternoon Greyhound Services Limited, a not-for-profit company set up by various bookmakers, including William Hill
William Hill PLC
An asset that will normally be turned into cash within the year
A liability that will normally be repaid within a year
Department of Culture, Media and Sport
The reduction in the book or market value of an asset, or the portion of an investment that can be deducted from taxable income
The payment by a company to its shareholders
The annual dividend per share divided by the price per share
Earnings before interest and tax.
Earnings before interest, tax, depreciation and amortisation.
Earnings per share. This is calculated by dividing the profit (or underlying earnings) by the weighted average number of shares in issue.
The in/out flow of cash on a one-off basis.
The purchase of shares in which the buyer is not entitled to the forthcoming dividend.
Legislation passed in 2005 regarding the modernisation of the laws relating to betting and gaming within the UK.
The Gambling Commission for Great Britain, the regulatory body for casinos, bingo clubs, gaming machines, betting, remote gambling and larger lotteries (including all local lotteries but excluding the National Lottery).
Gross profit tax (GPT)
Introduced in October 2001, this is a duty charged by the UK Government of 15% of a bookmaker's gross win.
Total customer stakes less customer winnings.
Horse racing levy
A levy attributable to bets taken on horse racing and payable to the Horserace Betting Levy Board, primarily for the purpose of augmenting the prize money available for winning horses and providing certain racecourse amenities.
Licensed betting office.
The number of shares in issue multiplied by the share price.
Price / earnings (P/E) ratio
The share price divided by earnings per share.
Earnings not paid out as dividends.
Remote Gambling Association: represents remote gambling companies and provides the industry with a single voice on all issues of importance to regulators, legislators and key decision makers around the world.
Bets accepted on sporting and other events.