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Gambling News - 'Playtech'
Business
June 17, 2022
Playtech Extends Negotiations Period with TTB Partners
Playtech has decided to extend TTB Partners’ period to submit a proposal for acquiring the former company. This was announced this morning by the gaming supplier’s board of directors. Playtech and TTB Partners to Continue Negotiations TTB Partners had to submit a proposal by June 17, which it failed to do. As per Playtech’s board’s […]
Business
June 15, 2022
Playtech Clears the Final Hurdle for Its Sale of Finalto
Renowned gambling software development company Playtech announced this Wednesday that it had received the necessary regulatory approvals to complete the sale of its financial trading division Finalto to Hong-Kong-based Gopher investments. Playtech shareholders approved the $250 million cash-only sales in December 2021, and the companies hope to close the deal by the end of June […]
Sports
June 8, 2022
NorthStar Bets Officially Launches in Ontario with Playtech’s Help
Playtech and NorthStar Bets have officially launched their online casino and sportsbook in Ontario’s newly regulated online gambling market. With this partnership, Playtech will provide NorthStar with its live casino and casino services, as well as its IMS platform. Playtech and NorthStar Entered an Agreement Earlier This Year Playtech shared an official announcement that it […]
Casino
May 9, 2022
Playtech and Paysafe Announce Partnership Extension in Europe and the UK
Playtech and Paysafe have extended their partnership as both companies will collaborate in Europe and the UK. The existing deal includes the US, where Playtech offers Paysafe’s payment solutions to iGaming players and so far, the success has been praised by both sides. Both Parties Enjoyed Their Relationship Since 2021 Paysafe has powered Playtech’s Play […]
Industry
May 5, 2022
Playtech Kicks Off 2022 with a Blast, TTB Takeover Talks Continue
Playtech, a famous developer of gambling software, has kicked off 2022 with excellent financial results as demonstrated by its Q1 results. The company’s continued success has attracted the gaze of the investor firm TTB Partners. Playtech’s Business Flourishes Playtech’s results for the first three months of 2022 were strong and demonstrated a drastic EBITDA growth. […]
Casino
April 28, 2022
Playtech Launches New Live Game and Features on Ladbrokes UK
Playtech has struck a new partnership with Entain’s Ladbrokes in the United Kingdom. The company has introduced its proprietary Well Well Well Live product to the casino platform. The game was developed by Playtech’s dedicated software and live studio in Riga and will be streamed from there. Playtech Adds More Features, Games to Ladbrokes UK […]
Business
April 20, 2022
Playtech Reinforces US Team with Marcus Yoder as CCO
Playtech, a leading gambling software development company has reinforced its team in the United States with a new chief commercial officer. The one up to the task is Marcus Yoder, a seasoned gambling industry veteran. Yoder’s Experience Will Benefit Playtech Yoder has extensive experience in several gambling companies. He has worked for the industry leader […]
Business
March 24, 2022
Playtech Releases 2021 Results, Shows 12% Increase in Revenue
Playtech has released its 2021 results on Thursday, March 24 and data shows that the company’s focus on the strategy in the US and expanding in Latin America has paid off. Both B2B and B2C units have been fruitful as the company’s revenue for 2021 increased by 12%. Playtech’s Revenue Went over $1.3 Billion The […]
Industry
March 21, 2022
Playtech Supplies Betfred with Horseracing-Inspired Bingo Offering
The leading gambling software supplier Playtech has inked a new deal with Betfred, agreeing to power the British operator with a fresh digital bingo variant. The new content will be themed after horseracing and will emulate the feeling of a real derby. Giddy Up Bingo Emulates the Excitement of a Derby The new offering is […]
Business
March 7, 2022
Aristocrat’s Playtech Bid Voted Down by UK Tier One Institutions
Former chief executive officer at Playtech Tom Hall pointed the finger at Aristocrat for orchestrating the campaign around the group of Asian investors who supposedly built a blocking stake at Playtech before the shareholder vote and acted in concert to block Aristocrat’s bid, The Financial Times reported. False Conduit Claims and Share Purchase Timings The […]