A court has extended the injunction taken out by William Hill to prevent Playtech from selling their stake in William Hill Online (WHO). The original injunction was taken out in February after rumors were doing the rounds that Playtech wanted “possible significant amendments” to the current WHO joint venture deal.
The extension means that the injunction will run until a further court hearing in May. William Hill originally filed the injunction after rumors that Playtech were in talks with the auld enemy Ladbrokes over a possible £780m takeover of the software provider. If they hadn’t noticed already, maybe someone should tell the guys over at Playtech that Hills just aren’t that into polygamy. Not their style!
After concluding the takeover of their Australian online business, Sportsbet, last month, Paddy Power has today announced the appointment of a new chief executive for the business. Cormac Berry replaces former owner and chief executive Matt Tripp who now moves into a role as executive chairman, after the former head of Paddy Power online, Berry, moved over to Sportsbet in 2009. John Hartnett has also been appointed the CEO of the company after originally being head of risk at the Australian firm.
All we want to know is when are they going to be having a party to inaugurate the company and the new appointments. The Irish and Australians would be neck and neck in a drinking contest and quite frankly we’d love to be there to see the carnage that would take place.