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Two statements from William Hill and Playtech. Released a couple of days ago.
William Hill PLC
25 October 2011
William Hill (LSE: WMH) announces that, further to the recent update in regards to staff disruptions in a number of William Hill Online operational locations, discussions in Tel Aviv have resulted in a resumption of normal business activity in both Tel Aviv and Bulgaria. The situation in Manila was resolved last week. 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.
As part of these discussions, agreement has been 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.
Following today's announcement by William Hill (LSE: WMH) Playtech, (AIM:PTEC) the leading provider of software and services to the online, mobile and land-based gaming sector, 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.
Mor Weizer, Chief Executive of Playtech, 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."
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