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WILLIAM HILL ONLINE TALKS SCHEDULED

03/14/2012 : Playtech and William Hill to seek 'a third way' out of recent relationship difficulties
 
The recent rebellion at various William Hill Online centres  has clearly highlighted relationship problems that cannot be dismissed out of hand, with news breaking over the weekend that joint venture partners William Hill and Playtech are to hold meetings this month in an attempt to iron out difficulties.
 
According to the Financial Times, sources close to the issue have informed it that the goal will be to salvage the companies’ joint online venture, with executives from both groups trying to 'find a third way' out of the situation.
 
That third way may involve 'structural changes', as it is imperative that all options are put on the table, Playtech CEO Mor Weizer is reported to have said.
 
Online gambling is the fastest growing of the William Hill businesses, and chief executive Ralph Topping is known to favour further expansion.
 
There is speculation that he would prefer more if not all strategic control by ending Playtech’s veto over WHO acquisitions and obtaining a commitment from the Israeli company not to work with high street rivals like Ladbrokes, with whom Playtech has reportedly been talking.
 
The recent staff disruptions in WHO centres will probably have acted as an additional spur to address the current unsatisfactory (from a William Hill standpoint) position.
 
The two companies have been partners in William Hill Online since 2008, with Playtech holding 29 percent of the enterprise, for which it paid in Euro 250 million.
 
The deal allowed Playtech to provide its internet gambling software for casino and poker games and the marketing personnel to drive customers to the online operation.
 
From the William Hill perspective, an element in the original agreement may provide an opportunity for change; in 2013 the company has the option to buy out Playtech’s stake.
 
Neither company has reacted to the report yet.

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Gambling News :

Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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