Tag Archives: playtech

Playtech confident of 2019 prospects as governance seeks new Chairman

FTSE250 gambling technology group Playtech Plc has reaffirmed its 2019 corporate earnings guidance ahead of its annual-general-meeting (AGM). Updating investors, Playtech governance maintains its position that ‘adjusted EBITDA’ for 2019 is expected to be in the €390- €415 million range. In its update, Playtech details that it has made significant progress on its growth strategy and strengthening its corporate governance …

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SpringOwl targets restructuring Playtech’s executive pay policy

The Financial Times reports further boardroom drama brewing at FTSE250 gambling technology group Playtech Plc, as US hedge fund SpringOwl, pushes governance to restructure the firm’s executive remuneration policies Led by renowned activist investor Jason Ader, SpringOwl is reported to want Playtech governance to install a more incentivised executive pay package, structured on share options over cash rewards. SpringOwl’s reported …

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US thinking Playtech appoints Massion & Krumins as corporate advisers

The governance of FTSE gambling technology group Playtech Plc has moved to expand its corporate advisory, confirming the appointments of Anna Massion and John Krumins as new Independent Non-Executive Directors – with immediate effect. Updating investors, Playtech details that the Massion and Krumins appointments will diversify the FTSE firm’s corporate governance capacities and make-up. A seasoned executive in corporate finance …

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Intralot appoints Nicklas Zajdel as digital lead

Athens listed gambling technology and lottery systems supplier Intralot SPA has confirmed the appointment of Nicklas Zajdel as new Chief Digital Officer (CDO). An industry veteran in delivering omni-channel projects and products,  Zajdel joins Intralot’s executive team from Ladbrokes Coral (GVC Holdings) where he formerly served as Managing Director of Digital Solutions and Director of Commercial Operations. A seasoned industry executive, …

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Fabio Schiavolin: SNAITECH – Industry leadership must fight for its public rationale

Speaking to SBC, Fabio Schiavolin, Chief Executive of SNAITECH, has detailed that betting leadership across all markets must prioritise self-regulation, whilst retaining a deeper sense of public and political perception if the sector is to avoid another year mirroring 2018 events. Politics has been an unavoidable dynamic for Italian betting stakeholders since the Lega-5Star coalition formed its government on June …

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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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Playtech BGT moves beyond the bonus with ‘Level-Up’ gamification programme

Playtech BGT Sports has announced the launch of its ‘Level-Up’ gamification program, seeking to enhance its partner customer engagements, loyalty and retention dynamics through real-time rewards. Updating the market, Playtech BGT details that it has delivered the best-in-class gamification program for its clients, who moving forward will be able to enhance their market offerings with ‘Level-Up engagements’ including – time-sensitive incentives, …

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Commercial restructure sees Playtech BGT promote John Pettit to CCO

Playtech BGT Sports, the sportsbook software and technology development division of FTSE100 Playtech Plc, has moved to restructure its commercial leadership, confirming the promotion of John Pettit to the position of Chief Commercial Officer (CCO). Pettit has formerly served as Managing Director of Playtech BGT for UK, Ireland and Australia since 2015, securing the division a number of new client wins …

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Disrupt & Discover… Playtech ups POP content dynamics

FTSE250 gambling technology group Playtech Plc has enhanced its ‘Playtech Open Platform – POP’ gaming content aggregation system. Updating the market, Playtech development details that product enhancements have been designed to ‘transform the way content is created, discovered and distributed by operators’. POP has been integrated with Playtech’s lead IMS platform, in which its customers will benefit from access to …

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