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William Hill plc reports a successful resolution to walkout

Wednesday, October 26, 2011 : ISRAELI INTERNET GAMBLING WALKOUT RESOLVED (Update)
 
William Hill plc reports a successful resolution
 
In a stock market advisory late Tuesday, William Hill plc advised that the "staff disruptions" at a number of William Hill Online operational locations have been resolved following meetings in Tel Aviv, resulting in the resumption of normal business activity in both Israel and Bulgaria.
 
"The situation in Manila was resolved last week," the advisory notes. "These discussions were led by William Hill Group and William Hill Online senior management, together with assistance and input throughout from William Hill's joint venture partner, Playtech."
 
The advisory reports that following the Tel Aviv meetings, agreement was reached with seven senior William Hill Online managers who have now left the business.
 
"The Group can now confirm that normal operations have resumed and that William Hill Online remains committed to its operation in Tel Aviv," the notification concludes.
 
Joint WHO venture partner Playtech followed the notification with its own note, signed off by chief executive Mor Weizer:
 
"Following today's announcement by William Hill, Playtech is pleased to note that the disruption within William Hill Online has been resolved.
 
"Playtech's senior management worked very closely with William Hill to find a resolution to the disruption within William Hill Online, the joint venture between William Hill and Playtech.
 
"William Hill Online remains important to Playtech and its stakeholders and the company will continue to give William Hill all necessary support to ensure the business continues to go from strength to strength."
 
Weizer subsequently commented: "Having been asked by William Hill's Chief Executive, Ralph Topping, to assist, I am very pleased that this issue is now behind William Hill Online. It is very positive for both shareholders that the business can now continue to move forward."
 
The Tel Aviv and Bulgarian operations were set up by the now departed marketing chief Eyal Sanoff and Teddy Sagi, the founder of Playtech. They were then bought by Playtech and sold on to WHO as part of the joint venture deal. The Manila operation is a webchat service provided by Playtech to WHO.

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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.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

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.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

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.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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