Tag Archives: playtech

Playtech secures live upgrade of Betsson igaming services contract

Playtech Plc has continued its strong tier-1 commercial momentum by announcing that Betsson AB has upgraded its lead igaming services contract.   Securing a four-year extension, Playtech will deploy its customised live studio gaming suite across Betsson’s European portfolio for the flagship brands of Betsson, Betsafe, NordicBet and EuropeBet. The partnership will see Betsson’s live casino games inventory significantly enhanced with …

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Playtech nets five-year Flutter full service igaming contract extension

Playtech Plc has secured a further tier-1 operator contract extension, as Flutter Entertainment renews its lead igaming supplier services contract with the FTSE250 technology group.  Securing a new five-year contract, Playtech Plc will continue to serve as lead online gambling software and games supplier for Flutter’s Paddy Power, Betfair and Sky Casino brands. Flutter branded Playtech as a key strategic …

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Playtech reports €73m loss in year of COVID shocks  

Playtech Plc has made significant progress with its group-wide strategic objectives during 2020 – a year in which all core business units were challenged by COVID-19.  The FTSE250 technology group recorded full-year group revenues of €1.07 billion, down 25% on corresponding FY 2019 results of €1.4 billion, with the company noting that severe H1 headwinds impacted the performance of its …

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Jason Ader: Mattingley must awaken Playtech’s US future 

Brian Mattingley’s appointment as the new company chairman of Playtech Plc has been welcomed by company investor Jason Ader and his asset management company SpringOwl. Though the appointment was branded as conservative in some quarters with Mattingley due to finish his 15-year CEO and Chairmanship tenure at 888 Holdings, Ader believes that Mattingley will play a critical role in Playtech’s …

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Playtech appoints Brian Mattingley as inbound chairman

Playtech Plc has announced Brian Mattingley as its new company chairman, bringing its near two year search for a successor to Alan Jackson to a close.  Mattingley, who is in the final days of his 15 year tenure as Executive Chairman of 888 Holdings, has agreed to join FTSE250 Playtech. Mattingley is due to leave 888 this May, having announced …

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All-in Diversity Project initiates latest social media campaign

All-in Diversity Project has launched its #OpenDoors 2021 social media campaign, spanning Black History Month and International Women’s Day. Contributors to the campaign will be asked to ‘thank someone who opened a door for them,’ and pledge to do the same for someone else in the future. The initiative aims to raise awareness of how professional development can be affected …

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SBC Leaders: Lessons learned from 2020 and the road to recovery

SBC Leaders

Drawing upon lessons learned can help build the foundation for strong future performance, explained Elen Barber, Chief Marketing Officer at Kindred Group. An exclusive interview with Barber kicks off the first 2021 edition of SBC Leaders, delving into all things marketing, sponsorship, regulation and responsible gambling. Yet as the magazine title would suggest, Barber is far from the only leader …

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Playtech shareholders revolt on succession duties

Playtech Plc faces a shareholder revolt with regards to how the company handled succession duties following the departure of Alan Jackson as Non-Executive Chairman last year. The Times reported that shareholders of the FTSE250 technology group are unhappy that Playtech’s board suspended its executive search for Jackson’s replacement last May – a move that saw Claire Milne extend her role …

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Playtech confirms Finalto takeover approach 

Playtech Plc has entered discussions with an ‘Israel based consortium’ with regards to the sale of its Finalto financial trading unit.  The FTSE250 technology group issued a short statement confirming media speculation that it had entered talks to offload Finalto to a consortium formed by Barinboim Group, Leumi Partners Limited, The Phoenix Insurance Company Limited and Menora Mivtachim Insurance. Playtech …

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Playtech outrides hazardous 2020 ahead of consensus 

Playtech Plc has published a trading update informing investors that its full-year 2020 corporate performance is expected to be ‘ahead of market consensus’. The FTSE250 technology group anticipates reporting a ‘solid financial performance for 2020’ through delivering an adjusted EBITDA expected to be ‘at least €300 million’. Providing a review of its  2020 activities, Playtech underlined that the company had …

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