23rd of December 2012 Author: Johnny Karp
Regarding Playtech's claim that William Hill's acquisition of Sportingbet should benefit the two companies' joint interest in William Hill Online, and the statement of Playtech's CEO Mor Weizer who said that in terms of the WHO joint venture agreement William Hill would be "...bound to conduct its remote gambling business through the William Hill Online business, in which Playtech is a 29 percent shareholder," a Will Hill spokesperson issued a statement, rejecting such claims.
What he said is that "Playtech have no rights to a business that is not part of William Hill Online and therefore this has absolutely no effect on any valuation".
Whether this will impact the relations between Playtech and William Hill on the participation and future ownership of WHO, it remains to be seen.
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