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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 […]
Business
February 21, 2022
Playtech CEO Weizer Willing to Join Investors behind TTB Partners
British gambling software maker Playtech continues to be making the headlines after an official statement today revealed its chief executive officer and a former director are willing to join the group of investors behind the latest candidate to acquire the company. CEO Backs Potential Buyers Playtech stated chief executive officer Mor Weizer and former company […]
Business
February 4, 2022
Playtech Signs Partnership with The Jockey Club as It Ponders New Takeover Deal
Playtech isn’t letting something as mundane as bidding wars stand in its way of expansion. The gaming content developer’s shareholders just rejected a proposal by Aristocrat to purchase the company, only to have another deal emerge immediately after. While Playtech executives figure out what to do next, the company’s software engineers will be busy working […]
Business
February 3, 2022
Playtech Acquisition Saga Continues with TTB Partners Approach
Less than 24 hours after the bid from Aristocrat had failed to receive the required Playtech shareholder support, another candidate to acquire the London-listed tech firm crept into the picture after a report in Sky News revealed an approach from TTB Partners. New Buyer Interest from Hong Kong TTB Partners, a boutique investment and advisory […]
Business
February 2, 2022
Playtech Shareholders Leave Aristocrat Empty-Handed
Playtech announced today the £2.1 billion ($2.85 billion) bid Australian slot manufacturer Aristocrat tabled in October last year failed to gather the required shareholder approval and has been terminated while the proposed acquisition scheme will now lapse. Vote Failed to Pass Threshold The majority of Playtech shareholders voted in favor of the proposal at the […]
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 […]
Casino
January 18, 2022
Playtech Expands in US by Gaining Rights to The Million Dollar Drop
Playtech, one of the world’s most reputable gambling tech companies, has gained exclusive rights to The Million Dollar Drop in the US and retained its Deal or No Deal Bingo rights for additional five years. As a result, the company has strengthened its partnership with Banijay Records. Playtech’s Goal Is To Deliver The Best Gaming […]
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, […]