The board of Playtech Plc has notified investors of Andrew Smith’s decision to step down as Chief Financial Officer (CFO) of the FTSE250 gambling technology group. By mutual agreement, Smith will leave the business on 28 November, ending his seven-year tenure as Playtech Group CFO. Playtech informed that Smith had chosen to leave the company due to ‘personal reasons’, with …
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Playtech Plc has carried out a comprehensive review of options to refinance €530m of senior secured notes and the terms of its revolving credit facility (RCF) – both due to mature in Q4 2023. The review of debt financing options was outlined to investors in Playtech’s H1 Interim Results announced on 22 September. The FTSE250 technology group has entered an …
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The Oxford Stadium greyhound track is due to reopen in December, following the acquisition of a 10 year lease from owners Galliard Homes by Kevin Boothby. The stadium, located in the Cowley district of the city, last hosted greyhound racing in 2012, and Boothby – who manages Towcester and Henlow greyhound tracks – has also expressed an interest in reopening …
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Playtech has received a further green light in its €846 million (£741 million) purchase of Snaitech SpA, after the Italian financial market’s supervisory authority Consob, cleared the path for the mandatory takeover of the remaining shares not already owned by the group. The gambling software development firm had previously announced an initial acquisition of 70.6 per cent of the Italian …
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FTSE-listed gambling technology provider Playtech Plc has this morning confirmed that group CFO Ron Hoffman will be transferred to the position of Chief Executive for its financial services division. The transfer will see Hoffman further step down from the board with immediate effect. Hoffman’s group leadership position will be replaced by current Head of Investor Relations Andrew Smith. Playtech governance …
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Following on from the launch of the eGames and the associated International eGames Committee (IEGC) at the London Games Festival in April, the IEGC has now announced its first advisory board members. These are Dr Jo Twist Ukie CEO, Andy Payne OBE Chair of the European Gaming League, Jude Ower MBE Founder and CEO of Playmob, Daniel Cossi President of Brazilian National …
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