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Business
May 28, 2025
Playtech Offloads Happybet Franchise to pferdewetten.de
Leading online gambling platform, content, and service provider Playtech is handing over the reins of its German sports betting brand, Happybet, to NetX Betting, a subsidiary of German gambling operator pferdewetten.de AG. The Shift Continues The move marks a key milestone in Playtech’s shift away from consumer-facing operations as it continues to focus solely on […]
Business
May 21, 2025
Playtech Shares Decline Amid Strong US Growth and LATAM Challenges
Playtech shares were trading down 2.55% at 343.50 pence (about $4.59) per share in London as of May 21, following a trend in the decline of the company’s shares that has been observed over the past months. Playtech Shares See Prominent Shifts Despite this, in a report earlier today, the gambling software developer said it […]
Business
May 9, 2025
Playtech Stock Plunges After €1.8B Special Dividend
Playtech, a leading gambling tech company, has seen its stock price crash by over 60%, dropping from 800p to 316p, after giving out a huge special dividend. This payout came from selling its Italian consumer brand Snaitech to Flutter Entertainment for €2.3 billion ($2.6 billion), giving back almost two-thirds of Playtech’s market value to its […]
Casino
April 25, 2025
MGM Teams Up with Playtech for a New Live Dealer Studio in Vegas
MGM Resorts has added a new live dealer studio to its famous MGM Grand hotel-casino property in Las Vegas. Developed in partnership with Playtech, the new studio will offer online live dealer content to players in certain international markets where such products are allowed. The New Studio Should Open Very Soon As mentioned, the new […]
Business
April 22, 2025
Playtech and ProgressPlay Join Forces to Change Online Bingo in the UK
The partnership between Playtech and ProgressPlay will bring a lot more content for players and a customizable bingo platform for operators. Playtech and ProgressPlay Announce Deal Playtech will become the main bingo provider for ProgressPlay. This partnership represents a major milestone, as ProgressPlay becomes the first white-label network to debut Playtech’s advanced bingo platform, which […]
Business
April 4, 2025
Playtech Live Veteran Edo Haitin Leaves After 9 Years on the Job
Edo Haitin, one of the longest-serving Playtech senior executives, has announced in a LinkedIn post that he will be withdrawing from the company to pursue other opportunities. Haitin joined Playtech, as part of a portfolio company he headed at the time, in 2016 and spent nine years with the gambling major in various positions. Edo […]
Business
March 27, 2025
Playtech Sees Revenue Uptick from Continuing Operations in 2024
The fast-growing platform, content and services provider, catering to the global gambling industry, Playtech, released its latest financial update, highlighting strong growth for the year ended December 31, 2024. The company’s latest report highlighted a number of accomplishments, while uncovering details regarding its plans for 2025. Playtech Highlights a Number of Important Achievements Notably, Playtech’s […]
Industry
March 6, 2025
RMG & Playtech Sports to Offer In-Play Bets on the Cheltenham Festival
Racecourse Media Group (RMG) and Playtech Sports have teamed up to power the Cheltenham Festival with in-play markets, raising the excitement ahead of the highly-anticipated event. According to the former company, this would mark the first time betting shop punters will be able to bet in-play on full win markets on horseracing’s biggest betting event. […]
Business
January 29, 2025
Playtech Parts Ways with Chair Mattingley, Introduces Changes to Board
Gambling software powerhouse Playtech announced board changes, including the resignation of its chair and changes to the structure of its committees. Mattingley to Exit After Four Years with the Company On January 29, Playtech confirmed that Brian Mattingley has decided to step down as chair and depart from the board. He agreed to remain on […]
Business
January 29, 2025
NorthStar Gaming Secures $30M Credit Facility
NorthStar Gaming announced that it has secured significant investment, as well as additional credit support. According to the company’s leadership, this is NorthStar’s largest financing to date. The Biggest Investment in NorthStar’s History NorthStar Gaming said that it has entered into a credit agreement to secure a CAD 43.4 million ($30 million) senior secured first […]
