William Hill venture helps Playtech income

The online gaming company Playtech has reported a 51 per cent rise in income, boosted by its joint venture with the bookmaker William Hill.

The gaming software specialist has a 29 per cent stake in William Hill Online, which the betting firm is planning to buy out. Playtech reported a 20 per cent jump in total sales for the three months to January, and said the gain was driven by its casino and services business.