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Industry
December 21, 2021
Elys Inks Content Agreement with Playtech, Expands Presence in Italy
Elys Game Technology expanded its presence further in Italy. The company announced a deal with Playtech which will bring the developer’s content to its trusted brand Newgioco. Elys Game Technology Expands Italian Presence via Playtech Agreement Interactive gaming and sports betting technology company, Elys Game Technology, inked a new content distribution agreement on Monday with […]
Casino
December 9, 2021
Playtech Launches Live Studio On-site at Swiss Casinos in Zurich
Playtech is opening a new live casino studio in Zurich, Switzerland, as the company seeks to expand its European footprint and boost its holdings in key markets. The studio is hosted out of the Swiss Casinos property in the same city, and it will be a second-of-its-kind operation for Playtech in Europe. Playtech and Swiss […]
Business
December 2, 2021
Aristocrat Acquisition of Playtech Still on Course to Complete in Q2, 2022
Australian gaming manufacturer Aristocrat Leisure Ltd. is closer to the acquisition of Playtech plc. Playtech has confirmed that the sale of its financial division, Finalto, will proceed as intended after shareholders gave their approval on Wednesday. The company is divesting the division to Gopher as it prepares to be acquired by Aristocrat. Finalto Sale Paves […]
Business
November 18, 2021
Eddie Jordan-led Consortium May Spoil Aristocrat’s Playtech Party
A potential bid from a consortium led by former F1 team owner Eddie Jordan is threatening to derail Aristocrat’s acquisition of Playtech, Sky News reported. New Contestant JKO Group, a company established to seek opportunities in the international gaming arena by former F1 team owner Eddie Jordan and former Scientific Games executive Keith O’Loughlin, emerged […]
Business
November 8, 2021
Gopher to Challenge Aristocrat Over Playtech Acquisition
Australian slot machine firm Aristocrat Leisure may have to bid for the acquisition of the London-listed gambling software group Playtech as Hong Kong-based Gopher Investments considers putting more money on the line. Gopher Challenges Aristocrat Playtech originally agreed to be acquired by Aristocrat in October when the Australian firm proposed a $3.64 billion deal. However, […]
Business
October 18, 2021
Aristocrat Confirms $3.7BN Bid to Acquire Playtech
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 […]
Business
September 30, 2021
Playtech Confirms Finalto $250M Sale to Gopher
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 […]
Industry
September 30, 2021
Playtech Teams up with Unibet for New Jersey Software Delivery
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 […]
Business
September 23, 2021
Playtech Posts H1 Profit despite Retail Closures Impact
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 […]
Business
August 5, 2021
Playtech Board Unsatisfied with Gopher’s Response over Finalto Deal
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, […]