
Bookie not willing to bet on it...
By Tim Ferguson
Published: 11 January 2008 16:58 GMT
Bookmaker William Hill has scrapped a £26m in-house software project to upgrade its online betting services.
An independent review of NextGen software platform in November highlighted some serious issues that led the company to terminate the development programme.
silicon.com Retail & Leisure
Get the latest retail and leisure news straight to your inbox. Sign up for the R&L newsletter today!
In a trading statement, the bookmaker said "ongoing technology issues impacting the internet sportsbook" were the main reason for the move.
In NextGen's place, the bookmaker will implement a technology developed by a third-party company, yet to be confirmed.
Chairman Charles Scott said yesterday that going to an outside provider would be more flexible and less costly than continuing with the project in-house.
The new software is expected to be in place by the end of 2008, more than a year after it was originally planned to go live.
The move will see the bookmaker write off £22m as part of the 2007 results and a further £4m in restructuring costs during 2008.
Betfair is now the world leading legal e-Gaming company and largest betting exchange in the world by a considerable distance.Position Purpose: The ...
Role Purpose - Over all responsibility for driving commercial value, in collaboration with business, from key third party facing sourcing ...
One of their key business units, contributing approximately $3.5 billion, has recently experienced major developments in supply chain and procurement ...
Agenda Setters 2008
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Naked CIO Naked CIO: Should you monitor staff? Somebody's watching you
Elinor Mills Why 1970s hackers had 'whiz kid' status Q&A: Kevin Mitnick - blackhat hacker turned good guy