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Gambling News - 'Playtech'
Casino
June 20, 2024
MGM Resorts and Playtech to Introduce Live Casino Content
MGM Resorts International, the global entertainment and gaming company, confirmed a groundbreaking deal by teaming up with the LSE-listed technology provider for the global gambling industry, Playtech. Announced today, the new activation sees the two leading companies team up to deliver engaging and unique live casino content to online gambling operators across the globe. The […]
Business
May 22, 2024
Playtech Posts Trading Update, Caliplay Fees Remain Uncollected
Playtech has published а trading update for the period from January 1 to April 30, reporting a solid trading performance and robust underlying trends. The company’s successes, however, were partly offset by the customer-friendly sporting results, the report noted. In the four-month period outlined in the update, Playtech’s B2B division recorded strong performance thanks to […]

Business
April 29, 2024
Playtech Invests Further in NorthStar Gaming to Boost Player Acquisition Push
NorthStar Gaming, a subsidiary of NorthStar Ontario, has extended its partnership with Playtech Software Limited, originally signed on June 23, 2023, which will now see the latter party strengthen its marketing agreement with the Canadian iGaming and sports betting operator. NorthStar and Playtech Software Ltd Thicken Ties Again Under the terms of the agreement, Playtech […]

Casino
April 2, 2024
Playtech Faces Financial Turmoil as Major Client Caliplay Refuses Payment
Playtech, a prominent gambling software firm, finds itself embroiled in a financial dispute with its largest client, Mexican gambling platform Caliplay. Playtech Battles €122 Million Payment Dispute with Caliplay According to Playtech, Caliplay has declined to settle its dues, amounting to a staggering €122 million ($131 million) in fees accumulated between 2023 and 2024. The […]

Business
March 27, 2024
Playtech Publishes Strong FY 2023 Results, Posts Optimistic Outlook
Playtech, a leading provider of gaming platform, content and services, has published its FY 2023 results, reporting an increase in revenue and adjusted EBITDA. The supplier reported strong performance across both its B2B and B2C segments and a resilient balance sheet. The company reported revenue of EUR 1.7 billion ($1.84 billion), representing an increase of […]

Casino
February 22, 2024
Playtech Agrees to Deliver Live Casino Games for Veikkaus
The leading supplier of content and technology, powering online gambling operators across the globe, Playtech, confirmed a strategic partnership with the Finnish state-owned and monopoly operator, Veikkaus. The company disclosed details regarding the new collaboration on Thursday. Under the terms of the new agreement, Playtech agreed to power Veikkaus’ offering by delivering an extensive range […]

Business
February 15, 2024
Playtech Live, Sony Prolong Who Wants to Be a Millionaire? Deal
The leading supplier of technology and games, powering the online gambling industry across the globe, Playtech, announced it extended its existing partnership with Sony Pictures Television for the provision of games based on the famous Who Wants To Be A Millionaire? TV quiz show. The company uncovered details regarding the latest partnership extension on Thursday. […]
Business
February 9, 2024
Playtech Adds Three-Year-Extension to BoyleSports Deal
The 1999-founded, London Stock Exchange-listed technology leader in the gambling industry, Playtech, has announced it has expanded its original agreement with BoyleSports, the Global sports betting and gaming company that operates in the UK, Ireland, South America, and Africa. Previously, at the end of October 2020, Playtech announced it would extend its long-term agreement with BoyleSports […]
Business
January 19, 2024
OnAir Entertainment Launches Investigation into Corporate Espionage Allegations
Several days ago, live casino specialist OnAir Entertainment was accused of corporate espionage. The company is now seeking to combat these allegations and prove them wrong. For reference, the allegations stem from Ivans Ivanovs, the company’s former senior product owner. Ivanovs accused OnAir’s game portfolio lead, Igors Veliks, of maintaining user access to Playtech’s internal […]
Business
January 17, 2024
OnAir Entertainment Faces Allegations of Corporate Espionage
Former employee Ivans Ivanovs has accused live casino game developer OnAir Entertainment of maintaining illegal access to Playtech’s internal systems for a staggering two years. The breach of confidentiality allegedly continued even after Igor Veliks, a key figure in the scandal, had left his employment with Playtech Live Latvia. Whistleblower Reveals Unethical Practices at OnAir […]