Posts Tagged ‘William Hill Online’

William Hill Spends $649 Million to Reacquire Online Stake

by , Apr 29, 2013 | 10:00 am

williamhillWilliam Hill Plc said Monday that it has completed its $649 million acquisition of the 29 percent stake in William Hill Online held by gaming software firm Playtech Ltd.

Playtech also will receive its share of profits in William Hill Online that have accrued since Jan. 1, an amount to be disclosed at a later date.

“William Hill Online has consistently delivered strong net revenue growth since it was formed in December 2008,” CEO Ralph Topping said in a statement Monday. “We are pleased to be assuming full ownership of this attractive, high growth, high performing business.”

William Hill Online posted net revenues of $621.62 million last year.

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William Hill Brings Mobile Sports Betting to Nevada

by , Sep 6, 2012 | 12:00 pm

William Hill U.S. has released its rebranded and enhanced mobile betting applications that let gamblers place sports wagers via iPhones, iPads, Blackberry devices and Android smart phones and tablets anywhere in Nevada, a company executive said Thursday.

The betting apps were first designed and released by Leroy’s Horse and Sports Place Inc., whose owner, American Wagering Inc., was acquired by William Hill in 2011 for $18 million. Leroy’s was the first U.S.-based gaming company to have a free sports betting application available in the app store on iTunes.

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Wider World of Poker

by , Oct 21, 2011 | 5:58 pm

Slip off your coat and make your way into my small corner of Pokerati — a newly built alcove in Dan’s diamond-encrusted virtual mansion where I’ll bring you a weekly caché of poker and gambling news that the American-centric poker media may have overlooked. So put down your rodeos and pretend football as we give the poker globe a spin to discover piquant revelations and heart-warming tales of human endeavour from elsewhere around the world.

 

Dodgy Maths at the AGCC #

alderney mapThe Alderney Gambling Control Commission fell under the terrifying gaze of Subject Poker this week. The Commission’s report on their Full Tilt Poker hearing claimed that US Department of Justice had seized $331 million worth of FT cash. The real figure is closer to $159 million, argues the Subject reporter, with the larger number including money lost over and above Black Friday seizures. Either way, more numbers for Full Tilt and Alderney that don’t add up as they’ve been presented. [Subject Poker]

 

Mass Walkout at William Hill’s Israeli Office #

israel mapBritish bookmakers William Hill are at panic stations after a large chunk of their customer support staff enacted an impromptu strike last Sunday. The staff were upset at rumoured plans to move the office outside Israel. Will Hill Online deny they have any plans to relocate, but for a while it seemed like the civil unrest might spread, with offices in Bulgaria and the Philippines laying down their telephones in solidarity? [Telegraph.co.uk]

 

Turkey and Sportingbet Go to War #

turkey mapSportingbet have been fluttering their eyelashes at Ladbrokes for the past few weeks in vain hope of encouraging an acquisition. Any deal would’ve been conditional, however, on Sportingbet’s withdrawal from the volatile Turkish market; and although negotiations with Ladbrokes have broken down, Sportingbet were hours away from selling ‘Superbahis.com’ to GVC Holdings PLC. That was until the local government suddenly blocked the website. [The Guardian]

 

Denmark Unveils Plans to Regulate Online Gambling #

denmark mapThe European Commission are so happy with new Danish gaming regulations that they are recommending them as a model for all other EU nations to follow. But the new rules controversially require lower taxes from online gambling companies than those paid by existing land-based casinos. [Financial Times]

Apparently at Pokerati we’re supposed to take pride in any appearance of not working, so I’m off to the rainswept British coast for a week of holiday, but will be back to let my distinguished American cohorts know what they missed while I was gone and they were sleeping.