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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 […]
Business
December 20, 2024
Playtech Investors Greenlight Disputed Executive Bonus Package
Late in November, we reported that Playtech investors are expected to vote on a €100 million ($109 million) executive remuneration proposal. The proposed bonus plan for key executives and new long-term incentive proposal followed the announcement about the sale of the company’s business-to-consumer (B2C) arm, Snaitech, to Flutter Entertainment in a £2.3 billion (approx. $3 […]
Legal
December 20, 2024
Playtech’s Lawsuit Against OnAir Entertainment Picks up Speed
An ongoing lawsuit between two leading online gambling industry providers recently picked up speed after a court decision. Espionage Lawsuit Can Proceed This is the industrial espionage suit filed by Playtech against its rival, OnAir Entertainment. The latter company faced allegations of corporate espionage amid data accusing a former employee of keeping his access to […]
Business
December 17, 2024
Playtech Chief Security Officer Resigns After Seven Years
Daniel Liber has quit his job as Playtech‘s chief security officer (CSO) ending his seven-year stint with the FTSE 250-listed tech company. From CyberArk to Playtech: Daniel Liber’s Impactful Cybersecurity Career Liber started at Playtech in December 2017 as director of application security. He then moved up through different positions before taking on his latest […]
Business
December 6, 2024
Playtech Founder Buys Miami Mansion, Plans Big Changes
Teddy Sagi, the founder of the gaming software development giant Playtech, has purchased a huge waterfront home in Miami Beach. The billionaire is reportedly planning to demolish the old building and construct a state-of-the-art mansion. Sagi Envisions Erecting a High-Tech Mansion The home in question was sold to Sagi by a company related to the […]
Industry
November 28, 2024
Playtech Investors to Vote on €100M Executive Remuneration Proposal
Earlier this year, Playtech confirmed it is in talks with Flutter Entertainment for the sale of its business-to-consumer (B2C) arm, Snaitech. Then, in September, the company confirmed that the proposed sale of the asset has a price tag of £2.3 billion (approx. $3 billion). Concurrently, Playtech proposed a directors’ remuneration plan, which proved to be […]
