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More online casino news for Ireland and the UK

By admin on 2013-02-03 12:42:29

Part of our remit here at onlinecasino.ie is to inform our readers of any interesting news or developments in the online casino business world, particularly if and when it concerns Irish online casino news. This month’s news does not specifically relate to Irish online casinos, but concerns one of the largest online casino operators in Europe and definitely a popular site amongst Irish online casino games players. William Hill continue to buck the current economic trends and have reported another strong quarterly trading performance in their final quarter, enabling them to raise their full year operating profit forecast to £330 million. This is £20 million ahead of market expectations and represents a 20% increase on last year. Having finally agreed the full takeover of Playtech, their online casino software supplier, in recent weeks William Hill appear to continue to steal a march on their major competitors in the online gaming market. Talking of Playtech, it appears that another online gaming company, Sportech is about to start using Playtech technology as a platform for their online gaming operations. Sportech is probably not a name that is well known on this side of the Atlantic, but they are actually the company responsible for running the football pools in the UK and various other countries worldwide. Apparently approximately 400,000 people in the UK still gamble on the pools every week in spite of the rise of the Lottery, but at least half of Sportech’s revenues now come from the States where it is licensed in 29 states for online gambling on horse racing and greyhound racing. They have also recently purchased eBet Online, an operator and online technology provider with a license to operate in Oregon. All this points to the company positioning itself to benefit from any relaxation of the online gaming laws in the US, and their share price is currently up two thirds since January 1012.