William Hill

Betting firm William Hill has seen its shares fall 5% after issuing a profit warning.

William Hill said its full-year profits would be at the bottom end of its £290.9 million and £312.1m forecast range.

The warning came as the bookmaker reported a 39% fall in profits for the three months to the end of September. The same quarter last year was particularly strong due to betting on the football World Cup. William Hill also paid an extra £23m in gambling duties.