William Hill completes buying out Playtech

Online casino games giant Playtech has officially been bought out by former online casino William Hill.

William Hill announced earlier this week that the casino completed its $649 million purchase of Playtech’s 29% stake in their company on Monday.

Spokesmen from William Hill reported that the successful online casino was delighted with its new sole ownership rights.

The casino will, according to William Hill, still be powered by Playtech software, with all existing software agreements carrying on as before. In addition, William Hill will be handing over a share of its revenues accrued since the beginning of the year to now, to Playtech.