Gambling has been a lucrative business for many years, and since the launch of online platforms, easy access has propelled margins and profits higher for a number of the long standing bookmakers. William Hill Plc (OTCPK:WIMHY or WMH - LSE) is the UK's largest retail and online bookmaker. With a growing international presence and multi-channel offering, this company offers an excellent investment opportunity for the long term. Recent market movements now undervalue the company by 20%.
WMH was founded in 1934, growing from its UK based sports betting shops, to encompass a global operation spanning shops to mobile betting. Now employing over 17,000 people in nine countries, access to betting is easier than ever.
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