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Online poker wins for Playtech
Online casino and poker software firm Playtech yesterday posted a 36.5 per cent rise in first-half pre-tax profit and said its William Hill joint venture was back on track, despite warning in July it was not progressing as well as expected. The group made a pre-tax profit of €32.8m for the six months to end of June, up from €24m over the same period last year. Chief executive Mor Weizer said the underlying business was resilient and performing strongly despite a challenging economic backdrop. The company acquired a 29 per cent stake in William Hill’s online betting operations in October 2008.