Tag Archives: playtech

Wiggin, a media and technology UK based law firm, has announced the appointment of Stephen Ketteley and David McLeish as Partners in its Betting & Gaming practice. Ketteley, an expert in remote gambling law, has worked in the field of betting and gaming for close to a decade and joins from DLA Piper a company at which he was Head …

A NetBet Casino player won just over $4m (£2.6m) on the Gold Rally slot game on December 13th. The win on Gold Rally, a game created by Playtech, was NetBet’s biggest pay-out of in its history and the largest since 2013. NetBet Marketing Manager Alexandre Mangaud said of the news: “We are extremely proud to have paid out this bumper jackpot to one …

FTSE listed online gambling technology provider Playtech has confirmed the appointment of John Jackson as its new Non-Executive Director. Jackson will advise Playtech from 1 January, replacing Deputy Chairman & Non- Executive Director Hilary Stewart Jones (2014-2015), who has officially resigned from the board. As Non-Executive Director, Jackson will sit on Playtech’s Board of Remuneration and Audit Committee. Jackson will additionally …

FTSE listed gambling technology provider Playtech has confirmed that it has withdrawn its application to buy forex financial trading platform Ava Trade. As expected, the technology provider terminates its acquisition deal which had met regulatory opposition from the Central Bank of Ireland (CBI). Playtech confirmed that its CBI appeal had been allowed by the Irish Financial Services Appeals Tribunal on …

UK newspaper The Evening Standard reports that FTSE 250 gambling software provider Playtech’s cash pile could  see more consolidation in the gambling industry’s services provision, even suggesting that it could make a £500 million acquisition bid for competitors OpenBet and Inspired Gaming. The newspaper cites UBS Equity Research Director Tal Grant, who states that Playtech governance will be eager to …

Playtech online bingo software subsidiary Virtue Fusion has announced that it has won the supplier contract to operate News UK brands’ ‘Sun Bingo’ and ‘Fabulous Bingo’. Virtue Fusion will replace long time supplier Gamesys (since 2008) as the bingo network for News UK bingo brands. The partnerships sees the Virtue Fusion network gain one of the UK’s largest bingo rooms, …

GVC Holdings has announced the appointment of Shay Segev as its new Chief Operating Officer. Segev will be in charge of leading the operators merger integration with bwin.party Entertainment, which it acquired in August for £1.1 billion. The appointment of Segev the former Chief Operations Officer of Playtech Plc, represents a major coup for GVC. Segev who had worked for …

Despite Dermot Desmond’s last ditch attempt to derail its £2.2 billion merger with Gala Coral, Ladbrokes shareholders are reported to have voted in favour of the deal this morning. London business news sources report that 90% of Ladbrokes Plc investors backed the merger, despite hearing Desmond’s arguments against its progression. Furthermore Ladbrokes governance rejected Desmond’s appeal for a second merger …

Playtech governance has given up its planned £460 million acquisition of online contracts broker Plus500. Agreed in June, the acquisition of London listed Plus500 has met several regulatory delays. Last Wednesday the UK Financial Conduct Authority (FCA) detailed to Playtech that due to “certain concerns raised” it would have push back its assessment of Plus500 to December. The further FCA …

Gambling technology provider Playtech extends its games supplier partnership with Coral by launching a dedicated live dealer casino games area for the operator. Designed to boost Coral’s omni-channel offering the live dealer area will be available in online and mobile devices. Casino games will include Roulette, Blackjack, Hi-Lo and Baccarat. Playtech stated that the addition of a live deal area to …