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Business
January 24, 2022
Eddie Jordan Calls Off Attempt at Playtech Purchase
Eddie Jordan, the former F1 team boss, is no longer interested in purchasing gaming software developer Playtech. Despite creating JKO Play with the hopes of making a play for the company, he has withdrawn his bid. The decision comes following apparent concern about being blocked by a group investment out of Asia. JKO Backs Down […]
Business
January 5, 2022
Playtech and Aristocrat Shareholder Meetings Delayed Over JKO Interest
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, […]
Business
November 18, 2021
Eddie Jordan-led Consortium May Spoil Aristocrat’s Playtech Party
A potential bid from a consortium led by former F1 team owner Eddie Jordan is threatening to derail Aristocrat’s acquisition of Playtech, Sky News reported. New Contestant JKO Group, a company established to seek opportunities in the international gaming arena by former F1 team owner Eddie Jordan and former Scientific Games executive Keith O’Loughlin, emerged […]