Tag Archives: Alan Jackson

Andrew Thomas ends tenure as Playtech advisor

Further to publishing its full-year 2018 results, yesterday FTSE250 gambling technology group Playtech Plc confirmed the departure of Andrew Thomas as a corporate Independent Non-Executive Director. A seasoned executive in corporate financing, taxation and UK leisure/entertainment commercial enterprise, Thomas has served as a Playtech governance advisor since 2012. During his tenure as a Playtech Non-Executive Director, Thomas chaired the FTSE …

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Tough 2018 sees Playtech place efficiency in scale as driver for 2019 growth

Publishing its full-year 2018 results, FTSE250 gambling technology group Playtech Plc states that it closes a ‘year of many challenges’, as governance places returning shareholder value and capital at the top of its agenda. Operating within a much-changed global gambling landscape, Playtech B2B and B2C divisions continue to adjust to Asian market downturns and regulatory headwinds across the UK and Italy. Despite facing …

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Ader’s SpringOwl demands a Playtech ‘clean break from Teddy’

According to The Times, US activist investor Jason Ader has called on Playtech Plc to sever all ties with Israeli enterprise founder Teddy Sagi. During the course of 2018, Ader’s New York hedge fund SpringOwl Asset Management has been building up its investment in struggling FTSE250 Playtech Plc – demanding that the governance undertake a group-wide shake-up, boosting returns for investors. …

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Playtech pushes on despite difficulties in Asia

Detailing its financial results for the six months to June 30, 2018, Playtech revealed that in spite of difficulties with its Asian operation, the firm’s overall revenue grew 4%. The gaming technology giant did however report a reduction in its EBITDA, which fell 13% to €145m, additionally, its adjusted net profit was €83.3m for the period, down 34 per cent …

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Playtech to recruit Ian Penrose as governance advisor building ‘US Vision’

The Sunday Times has this weekend reported that Playtech Plc is set to recruit former Sportech Plc Chief Executive Ian Penrose as a non-Executive Director advising the FTSE250 technology group on its US market expansion strategy. Penrose is considered one of the leading industry figureheads on US sports betting, having led racing systems provider Sportech Plc’s North American corporate transformation …

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Playtech confirms the departure of Paul Hewitt as corporate advisor

FTSE250 gambling technology group Playtech Plc has confirmed the departure of Paul Hewitt as a corporate non-executive director. A veteran in corporate financing Hewitt joined the FTSE enterprise in 2015, advising Playtech governance and leadership on capital structures, large-scale growth planning and M&A strategies. Hewitt is set to join the board of UK consumer finance and insurance group Provident Financial …

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Industry growth guru Susan Ball joins Playtech Plc governance

FTSE250 technology group Playtech Plc has confirmed that industry governance veteran Susan Ball will join its Board of Directors as a Non-Executive Advisor, from 1 August 2018. Last June, Ball departed the governance team of competitor Kambi Group Plc, where she acted as Non-Executive Director and chair of the firm’s Audit Committee (2014 – 2018). A former senior partner at Ernest & …

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Diversified Playtech posts 2017 growth despite facing end of year turbulence

Publishing its full-year 2017 results (period ending 30 December) FTSE250 gambling technology supplier Playtech Plc has delivered metric growth in-line with corporate expectations, despite facing headwinds in both its regulated and unregulated operations. The industry technology provider reports full-year 2017 group revenues of €807 million, up 14% on corresponding FY 2016’s €708 million. Closing its 2017 accounts, Playtech governance declares …

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Proven Player! Playtech delivers strong all metric growth performance for H1 2017

Presenting its H1 2017 results (period ending 30 June), FTSE-listed gambling technology group Playtech Plc has declared a strong ‘cash generating’ performance recording growth throughout its core metrics combined with KPI gains across its product divisions. Driven by growth in its ‘regulated markets’ activity, combined with the strong performance of its flagship casino division (up 28%), Playtech would achieve period …

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Alan Jackson – Successful M&A and integrations will keep Playtech ahead of the pack

Ahead of today’s Annual General Meeting of Playtech Plc shareholders, company Chairman Alan Jackson has stated that he is confident that the FTSE firm will maintain its strong momentum and meet its full-year expectations. As Chairman, Jackson notes that the company has added a significant number of acquisitions which must now be integrated within Playtech’s core business divisions in order …

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