Hills Serves Writ Against Own Online Casinos Partner

21st February, 2011

In a move that has shocked the online casinos industry, one of the leading UK sportsbooks and best online casinos has served notice against it's own joint venture partner, after it was linked with one of the bookies major competitors.

Leeds based online betting company William Hill has taken out a court order against joint venture partner Playtech, who owns almost 30% of the newly formed William Hill Online, after it was reported in the press about a possible merger with one of Hill's bitterest rivals - Ladbrokes.

A piece in the Daily Telegraph last week suggested that Richard Glynn's ailing Ladbrokes was in talks with the online casino software  provider, in a merger deal that would be in the region of an eye-watering £2.2bn.

Talks have reportedly taken place in Tel Aviv this week, not only to thrash out the situation between William Hill and Playtech, but also between Ladbrokes and Playtech over a possible collaboration. Both Ladbrokes and Playtech have declined to comment at this juncture.