Tag Archives: playtech

Strong casino performance helps Playtech post strong opening to 2014

Igaming software provider Playtech posted a strong start to 2014 (period up to 31st of March 2014), reporting increased revenues of 17%. Casino proved to be the software providers main performance driver, posting a 25.5% year on year uplift of €55.4 million / £ 45.6 million (2013 – €44.1 million). Playtech management stated that its strong casino performance had been …

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RightCasino.com’s infographic on the Growth of Online Casinos

A new infographic from affiliate website RightCasino.com reveals how, in 20 years, online gambling evolved into a $35bn (£20.8bn) annual market. The infographic charts the history of online betting from humble origins to its current level of sophistication, where social gambling, mobile accessibility and multi-million pound jackpots have become the industry standard.

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Coral Connect demonstrates Playtech’s multi-channel solution

Playtech, the international designer, developer and licensor of software for the online, mobile, TV and land-based gaming industry, has announced the successful launch of its ground-breaking “multi-channel” solution – which was heavily previewed at this year’s ICE Totally Gaming show. Multi-channel is already fully operational across the entire Coral betting shop estate in the UK, 1,800 shops. The “Coral Connect” …

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Ladbrokes on course for full Playtech migration

Richard Glynn Chief Executive of Ladbrokes briefed staff that the operator was on  course to deliver its full migration to Israeli igaming software developer’s product portfolio and player management solution. Ladbrokes will integrate Playtech’s systems before the upcoming 2014 FIFA World Cup. The operator aims to drop its current software and player management solutions, in favour of Playtech’s Information Management …

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Ladbrokes goes LIVE with Playtech

The strategic partnership between Ladbrokes and Playtech technologies will see the operator distribute all Playtech’s Live gaming product inventory throughout Ladbrokes mobile and desktop verticals. Ladbrokes is set to distribute Playtech Live games via HTML5 and native versions for IOS and Android devices. As part of the strategic partnership, Playtech has enhanced the Ladbrokes online and mobile casino inventory by …

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Playtech founder selling large stake

Playtech founder Teddy Sagi is selling 10% of the company for £212m($353 million), the supplier has told the stock market. 29.3m ordinary shares are being sold for 725p, despite them reaching a record high of 818p last week. The shares are owned by Brickington, a company in which Sagi is beneficially interested, and Playtech was at pains to highlight that …

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Mor Weizer – ‘Playtech have the Firepower and Appetite to do Buyouts.”

UK Newspaper the Daily Telegraph reported that Israeli based igaming software supplier Playtech may be looking to acquire business ventures in the coming months. Playtech may undertake a series of acquisitions in order to strengthen its existing portfolio of igaming products and services. Speaking to the British newspaper CEO Mor Weizer commented that the management of Playtech were on the …

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Playtech Payout as 2013 Profits Surge

Igaming software and services provider Playtech PLC announced publically the issuing of a public dividends to investors and shareholders, as the company saw revenues rise in the fianancial year of 2013. Playtech’s performance was boosted by strong sales revenues in 2013, and further aided by the successful sale of its share in igaming operator William Hill PLC and William Hill …

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