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HEADS ROLL AT WILLIAM HILL ONLINE
Tuesday, October 25, 2011 :Seven an unlucky number in Israel...
According to reports on Yahoo! Finance, William Hill plc has fired seven senior managers and several junior staff at its online betting joint-venture William Hill Online in Israel after discovering an alleged plan to set up a rival business.
Ralph Topping, the group's chief executive, has spent the past four days restoring order at the Tel Aviv office of William Hill Online (WHO), the venture 79 percent-owned by the UK bookmaker and 21 percent by Playtech plc.
Most of the 180 staff walked out last week in the wake of the resignation of chief marketing officer Eyal Sanoff, an associate of Playtech's 40 percent shareholder Teddy Sagi (see previous InfoPowa reports). Similar informal strikes took place in Bulgaria and the Philippines, according to media reports.
Yahoo claims that Topping became suspicious when the Tel Aviv office denied the bookie access to its computer systems. Topping ordered the hiring of former Israeli intelligence officers, also finding in the process that a rabbi, a fish feeder and a hairdresser were on the books as well as payments for table-tennis coaching.
Henry Birch, WHO's chief executive, and Jim Mullen, its chief operating officer, will be based in Tel Aviv for the next few months, whilst Topping, who returned to the UK for a board meeting on Tuesday, would only say: "I'm absolutely furious but cannot comment further."
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Gambling News :
Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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