Tag Archives: playtech

Ian Chuter joins Playtech as sports betting & M&A advisor

Ian Chuter, former group operations director at both William Hill and Betfair, has joined Playtech as a strategic advisor with a specific remit focusing on gaming, sports betting and M&A. Chuter, who has more than 25 years’ experience in the gaming industry, will join Playtech on November 2 following a four and a half year period at Betfair where he was …

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Playtech reveals Central Bank of Ireland (CBI) opposition to Ava Trade acquisition

Playtech governance has revealed that the Central Bank of Ireland (CBI) has opposed its acquisition of currency trading platform and Ava Trade. The CIB’s opposition comes having been granted approval of its $105 million (£65 million) from the Financial Services Commission in the British Virgin Islands. Playtech governance issued the following short statement regarding the matter “Late on October 2, …

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Playtech’s Plus500 acquisition delayed by further regulatory assessments

Playtech governance has issued an update regarding its acquisitions of financial trading operators Ava Trade and Plus500. Alerting its investors and the media, Playtech governance stated that it expects to complete its $105 million takeover of Ava Trade by the end of September or early October. However, the gambling technology provider has met regulatory delays concerning its £460 million acquisition …

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Playtech agrees to power Talarius retail brands

Playtech has confirmed that it has entered a retail provisions and software agreement with UK high street gaming hall operator Talarius. Talarius operator of high street gaming halls Quicksilver and Adult Gaming Centres’ will migrate its existing retail platform to Playtechs retail enterprise management system. Playtech will be charged with integrating its system across 92 retail outlets operated by Talarius. …

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Playtech records 33% H1 revenue growth as regulated market activity pay dividends

Following a period of concentrated acquisition activity in the financial services sector, igaming technology and provisions provider Playtech Plc has announced its unaudited Interim H1 2015 results (period ending 30 June), recording growth on all key performance metrics . Playtech H1 2015 performance overview The FTSE 250 listed company, saw a revenue rise of 33% to €286 million (H1 2014 …

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Coral launches Instant Poker with iPoker Playtech

Coral Poker has revamped its online poker offering by announcing the launch of ‘Instant Poker’ through its partnership with iPoker (Playtech) An iPoker network first, Coral customers will now be able to access poker rooms without the need to download any software. Coral Poker will be accessible to all active customers via the click of a play-tab. Craig Perry, Head …

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Playtech selects GBG as ID network verification partner

Security and ID provisions software provider GBG has confirmed that it has secured global ID verification partnership with igaming technology supplier Playtech. GBG will service Playtech’s licensee network with customer ID verification and security technology through its IMS platform. The provisions will be offered throughout Playtech’s diverse product range, including its recently incorporated financial trading services division. The ID software …

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Playtech merges poker rake values following introduction of its SBR system

iGaming technology and platform supplier Playtech has announced that it has merged its two-tier poker rake system into one unit. Playtech’s iPoker network hopes to gain stronger player liquidity for its clients in the competitive online poker space. Playtech poker management state that the merged tiers were approved following the successful introduction of its Source Based Rake (SBR) system this …

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Scott Longley – The dangers to innovation from consolidation and how to avoid it

Editorial consultant Scott Longley investigates how innovation is in danger of being left behind in the latest corporate reorganisation. In the fog of war generated by the current spate of sectoral M&A manoeuvrings, the debate about whether online gambling is genuinely engaging its customers is in danger of getting lost in the tumult. Like worrying about the design of the …

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Clarion Events announces Playtech as founding partner of WrB’s Responsible Gambling

Playtech has been announced as founding partner for WrB’s Responsible Gambling event, taking place in London on 10 September and organised by Clarion Events. Playtech is a leading industry supplier and a long-time advocate of the responsible gambling movement. “Playtech has been so pivotal in this area,I am delighted to have them on board as our founding member. We’re encouraged by the …

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