William Hill Acquires Gaming Software Company Grand Parade
Gambling operator William Hill announced today that it has obtained designer and supplier of online recreations betting and gaming solutions Grand Parade for the total consideration of £ casino.com roulette trick;13.6 million.
The move could never be thought as a surprising one provided William Hill’s continued efforts and investment into redeveloping and updating its whole web architecture.
Commenting in the acquisition deal, William Hill Interim CEO Philip Bowcock said that by joining forces with Grand Parade, the gambling operator will be able to quickly ramp its development scale up. The company’s latest purchase may also offer it because of the chance to fill resource gaps and boost the creative capabilities of its team.
Based on Mr. Bowcock, Grand Parade helps William Hill reap the benefits from its Trafalgar front-end platform through item development acceleration and can support the operator’s work with activities gambling supplier OpenBet to build up a brand www.black diamond casino.com name back-end platform that is new.
Grand Parade had been started in 2007. In the last nine years, the business was devoted to the creation of applications, websites, and various social tools serving the international sports wagering and gaming industry. Included in its tasks, Grand Parade has also done lots of advertising and commercial jobs for a few worldwide’s biggest gambling operators, with Ladbrokes, Coral, Bwin, Sportech, and Betfair being only number of these.
Beneath the regards to the purchase deal so that as an element of the consideration that is total William Hill is always to issue 495,048 new ordinary stocks to Grand Parade, respected at 10 pence each.