Britain's William Hill profit dips on higher costs

Britain's William Hill profit dips on higher costs
FILE PHOTO: A branded sign is displayed outside a William Hill betting shop in London, Britain July 25, 2016. REUTERS/Neil Hall/File Photo Copyright Neil Hall(Reuters)
Copyright Neil Hall(Reuters)
By Reuters
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(Reuters) - British bookmaker William Hill Plc reported lower full-year adjusted operating profit on Friday, hurt partly by higher costs to expand in the U.S.

Adjusted operating profit fell to 233.6 million pounds for the 53 weeks ended Jan. 1 from 273.8 million pounds reported for the 52 weeks ended Dec. 26, 2017.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Bernard Orr)

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