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William Hill - Amaya Merger Talks Criticised
WILL HILL-AMAYA TALKS CRITICISED BY FORMER C.E.O. (Update)
Topping urges the board to abandon Amaya talks.
Hot on the heels of serious opposition from Prevus Asset Management, a major William Hill shareholder, to the companys merger talks with the Amaya Group comes news that former Will Hill CEO Ralph Topping has added his voice to those critical of the initiative.
Topping, who ran the company successfully for eight years before retiring, told the Financial Times that he shared the concerns expressed Thursday by Prevus, and urged the William Hill directors to abandon the talks.
"When this deal was announced, I was left scratching my head," said Topping. "Both [companies] have a lot to sort out in their own business. Im very anxious on the future of William Hill."
Topping warned that there could be serious repercussions for the future of William Hill chairman Gareth Davis and interim CEO Philip Bowcock.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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