Playtech has decided to postpone shareholder meetings in which Aristocrat’s takeover is set to be approved as a way to buy more time to discuss with JKO Play on a potential bid. Up until recently, Aristocrat was the frontrunner to acquire Playtech as the two companies agreed to a $3.7 billion deal in October 2021, […]
As far as acquisitions go, Aristocrat’s purchase of Playtech has been run of the mill. There has been back-and-forth over price and even a few unexpected bids appearing. None of that was enough to cause the deal to lose focus. However, the sudden interest in Playtech stock out of Asia has both companies raising a […]
Wynn Resorts Ltd. has announced the appointment of Julie Cameron-Doe as its new chief financial officer. Cameron-Doe will step into her new position in the second quarter of 2022 as she is currently winding down from her responsibilities as CFO at Aristocrat Leisure Ltd. She is a long-standing industry veteran whose experience spans numerous companies. […]
Australian gaming manufacturer Aristocrat Leisure Ltd. is closer to the acquisition of Playtech plc. Playtech has confirmed that the sale of its financial division, Finalto, will proceed as intended after shareholders gave their approval on Wednesday. The company is divesting the division to Gopher as it prepares to be acquired by Aristocrat. Finalto Sale Paves […]
Gopher Investments has pulled its offer to buy London-listed gaming company Playtech from Gopher Investments in the wake Eddie Jordan-led €3.56-billion ($4.01 billion) entrance into the competition. Gopher, based in Hong Kong owns 4.97% of Playtech and is already looking to buy its Finalto financial trading section. This deal should be completed in the first […]
Aristocrat Leisure Limited’s profits continue to outperform expectations as the company has wrapped up its FY21 to post a total of $628 million as its bottom line, up 81% year-over-year. The Australian slot machine company’s performance has been bolstered by strong growth in the digital space backed by its operations in the Americas and finding […]
Australian slot machine firm Aristocrat Leisure may have to bid for the acquisition of the London-listed gambling software group Playtech as Hong Kong-based Gopher Investments considers putting more money on the line. Gopher Challenges Aristocrat Playtech originally agreed to be acquired by Aristocrat in October when the Australian firm proposed a $3.64 billion deal. However, […]
Enhancing fan engagement, the NFL inked a new agreement with Aristocrat Gaming. The deal sees Aristocrat receive an exclusive global license for building land-based slot machines themed after the NFL. Aristocrat Strikes Slot Machine Licensing Agreement with NFL The gaming technology supplier Aristocrat Gaming announced a new agreement with the National Football League (NFL). Under […]
Aristocrat Leisure Ltd. has confirmed its cash offer of around $3.7 billion to acquire Playtech Plc, a developer of content for the land-based and online gaming industries. The amount is a premium of 58% on Playtech’s last closing price on Friday at the time of the offer. Confirming the news earlier today during a presentation […]
In light of the global COVID-19 pandemic, cashless solutions are making their way to more casinos. While it is unlikely to replace cash and chips completely any time soon, the new cashless solutions are gaining more popularity and offer unique features for both operators and patrons. Boyd Launches Cashless Table Game Trial with Aristocrat Aristocrat […]
