Tag Archives: playtech

Risky business – why investors should beware grey market operators

Scott Longley, editorial director at Regulus Insights, analyses the concept of risk for dotcom operators and their investors. The 9% share price fall that prompted Playtech to issue a stock exchange statement late last week was only the most recent example of how listed gambling companies suffer more than most from the financial market phenomenon of risk on/risk off. This …

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Bwin admits to talks amid rumours of £1.2bn takeover

Bwin.party has admitted to the stock markets that it has been looking at a variety of different partnerships as it looks to create value for shareholders, as rumours persist that the Amaya Group has been making moves to snap up the operator with a £1.2bn takeover offer. In a statement, it revealed: “Further to recent media speculation regarding a possible …

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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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Joelson Wilson teams up with GamCrowd

GamCrowd.com has partnered igaming-specialist law firm Joelson Wilson with the aim of helping to provide investors and entrepreneurs with the ultimate guide to crowdfunding at this year’s EiG. Having served the remote gambling sector since the 1990s, Joelson Wilson has acted for a host of start-ups seeking seed capital funding. It has also assisted major corporates, operators and suppliers on …

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Playtech joins the Gambling Business Group

Gambling and igaming technology supplier Playtech has partnered with industry  focused trade organisation  the Gambling Business Group (GBG),  Playtech will support and advise Gambling Business Group issues and industry causes. The Gambling Business Group was established in order to improve the business environment for its members, to engage with government thinking, to help shape the political agenda and protect the long-term …

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Titanbet.co.uk agrees multi-content marketing deal with The Sun

Titanbet the sports betting subsidiary brand of igaming software services provider Playtech has signed a multi-content marketing deal with UK newspaper The Sun, to promote Titanbet’s UK sports betting brand Titanbet.co.uk The Titanbet.co.uk brand will feature on The Sun Sports Saturday football betting preview written by journalist Andy Tothams.  The sports betting brand will also feature throughout TheSun.co.uk website and …

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William Hill renews Playtech bingo platform

William Hill has signed a new, long-term, multi-year extension to its existing bingo contract with Playtech. The award-winning Playtech Bingo Network offers the largest liquidity pool of any regulated bingo product on the market with more than 70,000 players and up to 20,000 concurrent users across William Hill Bingo and Playtech’s other network bingo licensees. It also offers millions in …

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Playtech & RCS Media Group launch Gazzabet.it

Playtech and RCS Media Group subsidiary ‘La Gazzetta Dello Sport’ have announced the upcoming launch of Italian sports betting and igaming brand – Gazzabet.it. Gazzabet.it will launch La Gazzetta Dello Sport into the Italian igaming market, and will see Playtech supply the brand with software, igaming provisions, marketing and player acquisition services. The brand is set to open its services …

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