William Hill Shares Up: Claims Business Back to Normal
Published on:
Oct/25/2011
William Hill claimed operations were “back to normal” on Tuesday following a highly publicized walkout of its entire online staff based out of Tel Aviv, Israel, last week.
Following a drastic drop in the company’s share price and one analyst even issuing an advisory, Will Hill saw a slight increase of 0.26 percent at GBP2.285 valuing the company at GBP1.6 billion.
Its staff in Tel Aviv and two satellite offices in Manila and Bulgaria walked out following reports they would be relocated to the company’s Gibraltar headquarters.
As part of these discussions, agreement has been reached with seven senior William Hill Online managers who have now left the business. Reports suggest they were “sacked”.
- Aaron Goldstein, Gambling911.com
