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WILL HILL BOSS HAS AMBITIONS FOR ONLINE GAMBLING
5/11/10 - In an interview with London-based finance broadcaster Cantos.com, William Hill plc chief executive Ralph Topping has again underlined the importance of the company’s online operations to its overall success.
The interview marked two years in the William Hill plc hot seat for Topping, who talks about the challenges of getting the ailing online sports betting operations of the company back on track after a disastrous attempt to build its own software, successfully addressed by incorporating Orbis technology under Topping’s direction.
Also on Topping’s watch was the start of a successful online partnership with the major online gambling software specialist Playtech plc, which has started delivering significant revenues.
Topping talks about his ambitious plans for the future, in which he sees online operations continuing to play a major role within the group. These include maintaining the group’s position among the top three online operators in Europe, and its pre-eminence in Europe in the retail (land) sector.
William Hill’s online operations were recently re-located to Gibraltar to make the group’s internet activities more competitive due to lower tax rates .
Topping cautions that the consumer will still be under pressure in the coming (2011) year and that the approach to business will be cautious, especially in retail and in the bricks and mortar environment.
However, the sports betting boss expects to see online operations maintaining a strong growth rate throughout 2010.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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