Bookmakers’ books seem to add up under the odds

There is a $55 million black hole in the financial statements of Australia’s biggest corporate bookmaker William Hill, statements described by a leading accounting academic as “false”. The British betting giant, whose Australian operations are now headed by prominent Sydney racing identity Tom Waterhouse, responded with “no comment” to a list of questions from Fairfax … Continue reading Bookmakers’ books seem to add up under the odds