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William Hill and Playtech provide the online casino news

By admin on 2012-08-17 10:50:24

There are two items of news this month which may be of interest to our readers, both concerning major players in their respective areas of the online gambling scene. First is the online casino news relating to the joint venture between William Hill and Playtech, the well known online casino software company. You may recall that William Hill decided to address their online casino problems in 2008 by entering into a partnership with Playtech , which most analysts now agree has been a great success, but part of that agreement was an option for William Hill to buy out Playtech for an estimated £500 million. That option comes up for review in the next few weeks, at which time William Hill must decide whether to exercise that option or negotiate an extension to the partnership. The influence of the Playtech software and the casino games they offer has clearly played a big part in the success of the William Hill online casino operation, so their decision as to how to proceed with Playtech will be very interesting. Away from online casino news, the online sports betting company Sportingbet will be hoping that the start of the English Premier League season this weekend will provide a much needed boost to their online sports gambling revenues. Apparently the recent Euro 2012 tournament did not provide the expected bonus in terms of net revenues, partly explained by the economic problems in the Eurozone, but more importantly the forced closure of their Spanish operations which were their biggest European market. The Premier League has always been bread and butter element of Sportingbet’s online gambling business, so let’s hope for a good season and some great matches to tempt the online sports  gamblers.