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 […]
Playtech has confirmed that it is divesting its financial trading division Finalto through a definitive agreement between Gopher Investments and the company. Gopher Investments should acquire the division for the sum total of $250 million in cash and the deal now enjoys the full approval of Playtech’s board, citing shareholder interest and the company’s general […]
As Playtech refocuses its efforts on its B2B and B2C gaming divisions and divests from its financial arm, Finalto, the company has managed to strike a new partnership with Kindred Group’s Unibet Interactive. The partnership covers the US market and focuses on multiple jurisdictions within the country. Unibet Set to Benefit from Extensive Playtech Expertise […]
Gambling software provider Playtech released today its report for the six months ended June 30, 2021, outlining the importance of US as the company’s main driver for growth. Summary of Financials Revenue for the first six months of 2021 was €457.4 million ($563.5 million), down 4% compared to the €476.7 million ($559.2 million) reported in […]
Playtech released an official response to Gopher Investments’ statement regarding the sale of Finalto, reaffirming its recommendation to shareholders to approve the bid of the Consortium led by the Barinboim Group. Consortium Bid Still Recommended by the Board Playtech confirmed the Board’s stated strategy to simplify the company’s business with a swift disposal of Finalto, […]
Playtech enjoys strong performance for H1 2021, according to a trading update released today. With very strong performance in the first half of the year, the company plans to keep the momentum until the end of the year and beyond. Playtech Reports Strong Results for H1, 2021 In a trading update, Playtech plc, the gambling […]
Gambling technology company Playtech announced today it became the first to be awarded the new B2B safer gambling standard award of GamCare. First Recipient of the Recognition Playtech received recognition from the UK’s leading provider of information, advice, and support for problem gamblers for its casino product and platform operations in its home market, the […]
Scientific Games and Playtech forge an international distribution agreement aiming to explore new market opportunities. Scientific Games Partners with Playtech Scientific Games (SG), the giant gaming technology provider, and European gaming company Playtech have signed a new agreement, paving their way to capitalize off each other in different regions worldwide. Under the deal, Playtech’s software […]
Gambling technology leader Playtech inked a new agreement with Kindbridge, the first virtual mental health clinic in the US. The duo launches groundbreaking research in the country, focusing on creating an evidence-based telehealth model. Furthermore, the research will aim at understanding and treating gambling better, as well as address digital dependencies. Playtech and Kindbridge Team […]
Leading gambling technology provider Playtech announced today its partnership with Parx Interactive and Gun Lake Casino in Michigan resulted in the launch of a new iGaming app, Play Gun Lake. “We are delighted to launch playgunlake.com, our new iGaming app in Michigan with Playtech and to bring the success of Parx into the Michigan iGaming […]
