Tag Archives: playtech

Mansion orders Playtech sports betting upgrade for casino properties

Mansion Group has expanded its lead technology supplier agreement with Playtech Plc, adding a further sportsbook platform for its Casino.com property. The product and services extension follows Mansion renewing contract terms with Playtech as its lead technology and platform supplier for a further five-years. Updating stakeholders, Mansion confirmed that it seeks to expand Casino.com’s capacity by adding new sportsbook components, alongside …

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Playtech eyes US acceleration following NJ approval

Playtech has been granted regulatory approval by New Jersey’s DGE, allowing the technology group to provide casino product services to state licensed incumbents.  The FTSE250 technology group will launch its casino products in the Garden State, servicing long-term partner bet365’s transactional waiver with the Hard Rock Atlantic City property. Securing its DGE approval, Playtech detailed that it is actively seeking …

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Winning Post: Pre-COVID fragility doesn’t bode well for UK gambling

Regulus Partners begins the week by looking at the gambling industry’s perceived fragility pre-COVID and the Swedish ministerial ‘climb down’ on deposit and bonus limits. UK: Regulation – Daily Mail relieves Gambling Commission of duty It seems that one of the effects of Covid-19 has been an abacus shortage in officialdom, so little do matters add up anymore. This week, …

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Playtech calls for internal review following PTES failures 

Playtech will implement a review of the ‘group’s position’ led by Interim chair Claire Milne, in response to the UK Gambling Commission (UKGC) publishing its investigation into ‘systemic failings’ of defunct subsidiary PT Entertainment Services (PTES).  The Board of FTSE technology group confirmed that it ‘takes full responsibility and apologises for the regulatory breaches’, emphasising that the AML and social …

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UKGC publishes customer neglect findings of PTES

The UK Gambling Commission (UKGC) has published its investigation findings on defunct online betting group PT Entertainment Services (PTES), the operating company for winner.co.uk and Titanbet (titanbet.co.uk) A Playtech B2C subsidiary, PTES voluntarily surrendered the licences for its entire brand portfolio from the UK market during an investigation by the Commission on suspicion of systemic operating failures.  The UKGC began …

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Playtech trades with confidence to mitigate first stage COVID-19 impacts

Playtech Plc corporate performance remains in-line with expectations despite its business units trading in unprecedented circumstances. Playtech explained that its performance is currently tracking better than the company had anticipated in publishing its mid-March COVID-19 update.  Publishing a snapshot of key metrics, Playtech detailed a ‘strong Q1 2020 period’, in which the FTSE technology group delivered an adjusted EBITDA of …

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Fortuna completes Playtech IMS upgrade for Polish profile

Leading CIS markets bookmaker Fortuna Entertainment has completed the full migration of its Polish sportsbook property onto the Playtech ‘IMS platform’. Optimising its group omni-channel capacities, Fortuna has sanctioned Playtech to deploy new systems integrations across its active market portfolio, which sees Poland join Fortuna’s home markets Slovakia and the Czech Republic in upgrading to IMS.  Completing its Polish deployment, …

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James Frendo / Simo Dragicevic: Playtech leads product disciplines in the age of sustainability

Playtech executives James Frendo (Director of Casino) and Simo Dragicevic (CEO of BetBuddy) talk to SBC about how a ‘sustainability-first approach’ to product development has changed the FTSE tech group’s thinking and culture with regards to tackling the industry’s current demands and complexities.  ______________ SBC: Hi Team, can you detail to SBC audiences Playtech’s commitment towards sustainable development. When was this programme …

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Playtech suspends Chairman search after appointing Milne as interim board lead 

Playtech Plc has confirmed the appointment of Claire Milne as Interim Company Chair, succeeding Alan Jackson who chose to end his seven-year tenure as Chairman of the FTSE250 technology group at the start of the year. Assessing market dynamics interrupted by the global COVID-19 pandemic, Playtech detailed that it has chosen to delay its executive search for a new permanent …

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GambleAware donations top £10m for 2019/20

GambleAware has revealed that donations to the charity have surpassed its £10 million minimum target for the first time. Publishing the full list of donations received between 1 April 2019 and 31 March 2020, it revealed that gambling operators and suppliers had made £10.05 million in voluntary donations to the charity, which is not inclusive of money received through regulatory …

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