Tag Archives: playtech

Updating the market, leading industry platform and technology provider Playtech Plc has confirmed that it has completed its acquisition of Consolidated Financial Holdings A/S (CFH Group). Playtech governance had first announced its approach for CFH Group this November, with the company prepared to pay $120 million (£95 million) for the financial trading systems developer. Confirming its deal through a regulatory …

Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …

The governance of FTSE-listed gambling technology provider Playtech Plc has confirmed that Dr Armin Sageder has been appointed CEO of its sports betting ‘Playtech BGT’ division. Dr Sageder takes leadership of Playtech’s sports betting arm, having joined the industry technology provider in July, following Playtech’s €140 million ‘all-cash’ acquisition of BGT a Vienna based sports betting provisions supplier founded by …

Playtech has given the classic game of Baccarat a modern-day makeover by launching Prestige Baccarat, a live casino title which includes five gameplay angles and action replays of winning hands. The launch comes almost a year to the day that Playtech launched its inaugural Prestige title, Prestige Roulette, which has been a great success with many of the industry’s leading …

Playtech has announced that it has partnered with Warner Bros’ ‘Consumer Products’ division, gaining the gaming rights for its DC Entertainment catalogue. The content partnership will see Playtech develop six slot games featuring DC titles. Playtech marketing announced that it will initially launch two slots themed on DC’s 1960’s Batman Classic TV Series; ‘Batman & Catwoman Cash’ and ‘Batman vs The …

Seeking to boost its mobile casino app’s speed and user engagement capabilities, bet365 has become the first betting operator to integrate Playtech new native application. Detailing upgrades, Playtech specified that bet365 customers would see new improvements including faster load times, quicker access to favourite games and heightened ‘immersive’ gameplay, which the technology provider stated would be better than HTML5 equivalents. Further …

Totally Gaming delivered the World Regulatory Briefing (#WrBriefing) in London’s iconic OXO tower yesterday with a packed out agenda of speakers both endemic and non. An impressive line up included Sarah Harrison, CEO of the UK Gambling Commission, as Keynote Speaker. Harrison delivered a pinpoint 45 minute talk which was refreshingly frank. Discussing the new National Responsible Gambling Strategy developed …

Playtech has moved to strengthen its sports betting senior management team, announcing a trio of leadership appointments, ahead of a set of large-scale ‘Playtech ONE’ projects and following its acquisitions sports software provider BGT. The FTSE-listed gambling technology provider has confirmed the appointments of Richard Andrew as new Playtech Sports Chief Operating Officer (COO), joining from The Hong Kong Jockey Club, …

Coral has today announced the launch of its ‘in-house’ developed sportsbook platform, centralising its mobile, tablet and desktop devices. The bookmaker informed the market, that its new platform had been developed by a new product development team with the aim of delivering a ‘smoother customer experience’. Utilising the latest digital and cloud infrastructure technologies, the bookmaker stated that Coral sports …

Significant sterling fluctuations have impacted Playtech Plc’s H1 2016 profit results, despite the FTSE-listed gambling technology provider recording continued top-line metric growth across its divisions. Presenting its H1 trading update (period ending 30 June) Playtech would declare a group EBITDA increase of 27% to €143 million (H1 2015: €112 million) on group revenues of €337 million (up 18% on H1 …