Tag Archives: mor weizer

Playtech plans €315 million convertible bond for acquisitions

Igaming technology provider Playtech announced plans to raise €315 million (£250 million) in convertible bonds in order to fund potential corporate acquisitions. The Israeli gambling technology provider stated that the convertible bonds would be used to increase funds and ease mechanisms for future acquisitions. Playtech added that it had identified a set of potential opportunities that would create ‘significant value …

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Playtech plans UK POC supplier strategy

Playtech senior management have stated that it will renegotiate supplier terms with its operators, in order to prepare its igaming technology and provisions network for the changes in market conditions that will be applied by the imminent Point of Consumption (POC) tax. Speaking after Playtech’s Q3 corporate performance presentation, Chief Financial Officer Ron Hoffman said that the company had begun …

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Mor Weizer – Playtech targets next level acquisition

Having recorded its strongest ever revenue quarter (€116.5 million), Playtech CEO Mor Weizer stated that the igaming technology provider would look to make an acquisition which would “take Playtech to the next level”. Ahead of regulatory changes being brought into the UK and European igaming markets, Weizer detailed that Playtech would look to make a major gaming acquisition by H1 …

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Playtech to beat expectations after bumper Q3 2014 performance

iGaming technology and services provider Playtech continued its strong 2014 corporate performance, as it the company announced its 2014 Q3 interim results. Playtech reported total company revenues of €116.5 million (£93 million) during the period, representing a 28.6% increase Q3 2013 – €90.6 million total revenues. The technology provider saw increased revenues in all its product verticals (see table below). Playtech …

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Mor Weizer – ‘Playtech have the Firepower and Appetite to do Buyouts.”

UK Newspaper the Daily Telegraph reported that Israeli based igaming software supplier Playtech may be looking to acquire business ventures in the coming months. Playtech may undertake a series of acquisitions in order to strengthen its existing portfolio of igaming products and services. Speaking to the British newspaper CEO Mor Weizer commented that the management of Playtech were on the …

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