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Award of Italian Concessions

29th Dec 2006 09:48

William Hill PLC29 December 2006 29th December 2006 William Hill PLC Award Of Italian Concessions Further to its announcement of 20th December 2006, regarding clearance by theEuropean Commission of its proposed joint venture with Codere SA (Codere)relating to the Italian gambling sector, William Hill PLC (William Hill) todayannounces that the proposed joint venture has been awarded land-basedconcessions to exploit licences issued as part of the tender process launched inAugust 2006 by the Italian regulatory authority, Amministrazione AutonomaMonopoli di Stato (AAMS). Remote licences relating to horseracing and sportsbetting were also applied for and granted (on a non-competitive basis). The joint venture has been awarded 20 concessions to operate horseracing bettingshops, 7 concessions to operate sports betting shops and 28 concessions relatingto sports betting points. The latter are for betting points or corners innon-dedicated outlets such as bars, cafes or newsagents, where the bettingservice is ancillary to the primary business of the operator. Enquiries: William HillDavid Harding, Chief Executive Tel: +44 20 8918 3600 Codere S.A.Lily Artega Tel: +34 91 440 2819 This information is provided by RNS The company news service from the London Stock Exchange

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