Playtech Plc has shed further light on yesterday’s general meeting of investors that failed to approve Aristocrat Leisure’s £2.7 billion offer to acquire the FTSE250 technology group outright – a deal recommended by the board of directors. Further to yesterday’s GM, Playtech’s board was contacted by Hong Kong investment fund TTB Partners Limited ‘on behalf of an investor group’. The …
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888 confident of hitting corporate expectations
Gearing up for its end of 2014 financial update, 888 senior management announced yesterday that the operator was confident of meeting yearly corporate performance expectations. The operator published a brief trading update stating that it had continued its strong performance from Q3 2014. The operator was on target to meet management expectations as company EBITDA remains on target to record …
Read More »888 posts record quarter performance
888 Holdings senior management stated it was confident of beating 2014 market expectations, after posting a record revenue quarter – Q3 2014 – $114 million (£72 million) up 22% on Q3 2013: $94 million. 888’s positive performance had been driven by improved revenues generated from its B2C online gambling division. The operator posted increased revenues throughout its B2C portfolio with …
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