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T O P I C R E V I E W
Posted - 10/25/2011 : 02:00:08 AM Things Goings on at William Hill
William Hill sacks seven managers after Tel Aviv plot William Hill has sacked seven senior managers and several junior staff at its online betting joint-venture after discovering an alleged plan to set up a rival business.
Ralph Topping, chief executive, has spent the past four days restoring order at the Tel Aviv office of William Hill Online (WHO), the venture 79pc-owned by the UK bookmaker and 21pc by Playtech.
Most of the 180 staff walked out last week in the wake of the resignation of chief marketing officer Eyal Sanoff – an associate of Playtech's 40pc shareholder Teddy Sagi. Copycat walkouts followed at WHO's Bulgaria office and a business in Manila owned by Playtech, where WHO is a major customer. All three businesses were once owned by Mr Sagi.
Mr Topping became suspicious when the Tel Aviv office denied the bookie access to its computer systems. It hired former Israeli intelligence officers, also finding in the process that a rabbi, fish feeder and hairdresser were on the books – as well as payments for table-tennis coaching.