Commenting on the move a William Hill spokesman told iGaming Business: "Our colleagues in Tel Aviv have made an excellent contribution to the success of William Hill Online and we are grateful for their hard work over the years.”
"London, Leeds, Gibraltar and Krakow are already important hubs for William Hill and by locating more of our digital operations in Europe we will work smarter and more efficiently. Importantly it will mean we can further improve Williamhill.com and be even more responsive to customers particularly in the core UK market.”
"A number of colleagues in the Tel Aviv operation will be offered relocation packages to William Hill in London, Gibraltar and Krakow. William Hill currently have offices in Wood Green and Shoreditch and will establish a new central London office hub later this year combining its current Shoreditch operation and functions formerly located in Tel Aviv. "
Although Israel is a hub for the igaming industry, the recent strengthening of the Shekel, combined with the rising cost of real estate and low unemployment, has made Israel a much more expensive business prospect than in the past.
William Hill began operating in Israel in 2008, when it
created William Hill Online as a joint venture with Playtech. William Hill
bought out Playtech from the joint venture in 2013 for £424 million.
Source: GMB / iGaming Business
