William Hill & Playtech - A Winning Combination.

  • William Hill & Playtech - A Winning Combination.

    By Lisa West on Saturday, 24th October 2009

    Two of the UK’s largest gaming operators have released trading figures this week.  Nothing too unusual or curious about that, you might say… and, I have to agree!  However, what is curious? Is the fact that neither of them included any detailed information, with regards to their Bingo operations.  So, who are we talking about?  Namely, Playtech and William Hill. It was a year ago, in October, when the two companies first joined their online operations at the hip.  Therefore, the figures are somewhat significant. It has been a long year, no doubt, for Henry Birch.  The man who is at the head of the division.  He’s had some task, working out how to integrate, and make the most of what the two have to offer.   

    On the Playtech side, the company have been investing copious amounts of time and money, developing their own range of Bingo games.  In the report Playtech stated, that among the years ‘operational highlights’, was the “launch of a new version of Playtech's Bingo product”.  However, this was about the long and short of it!  William Hill’s online gaming assets use Virtue Fusion software. Although, one might well expect that to change in the future. Indeed, although William Hill said that their “ casino, poker, bingo and skill games” were “performing well”, and “in line with management expectations”.  According to the report, their gaming activities collectively delivered a “net revenue growth of 98% by the third quarter.”

    There were few more details than this, included in the report. Other than an air of optimism.  The companies state, they believe the current figures will “be further boosted by increased liquidity contributed by existing and new licensees”.  And yes, things do look positive for both. Unlike Ladbrokes, whose shares have plummeted recently, due to problems with huge debts.  Shares for William Hill and Playtech have stabilised.  So, looks like they’ve found themselves a winning combination.


    This was an article by LJ for Bingo Faces on Online Bingo

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