William
Hill, the UK's number two bookmaker, has
blamed legacy-technology issues with its in-house NextGen platform
and a competitive market for missing earnings targets.
The performance of the internet business, which makes up 12% of
group earnings of £285m, has continued to be disappointing, it said
in a
trading statement.
It will scrap in NextGen at a cost of £26m and outsource the
operation. The company said it was talking to Turf TV but warned
that "the performance of the internet channel will remain
challenged until the new technology solution is implemented".
