Tag Archives: playtech

Caliplay contests Playtech’s expiry date on JV entitlements

SBC News Caliplay contests Playtech’s expiry date on JV entitlements

Caliplay, the Mexican and LatAm joint venture formed by Grupo Caliente and Playtech Plc, has issued a statement related to the ongoing ‘services fee’ dispute between its venture partners.  Last week, FTSE250 Playtech informed its investors that it would seek a determination by British Courts on whether Caliplay was entitled to redeem an additional services fee related to its working …

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Playtech to meet Paddy Power betting shops’ digital demand

Playtech Paddy Power

Playtech has strengthened its presence in the UK and Irish retail betting sectors, extending an agreement with Paddy Power. The firm will continue to provide its sports betting software for Paddy Power, as the Flutter Entertainment brand recognises a heightened demand for a ‘digital betting experience’ in its retail outlets.  This will include the ongoing delivery of Playtech’s Self Service …

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Playtech to deliver €400m EBITDA for 2022  

SBC News Playtech to deliver €400m EBITDA for 2022  

Playtech Plc has notified investors that it expects its full-year 2022 EBITDA to reach at least €400m, based on the expected growth of its B2B online gambling unit and Snaitech Italia B2C operations.  The FTSE250 gambling technology group issued an FY-2022, pre-close trading statement in which it announced strong growth and KPIs since its 2022 interim results were announced on …

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ComplianceOne hires Jeremie Kanter to head up new Diligence Division

SBC News ComplianceOne hires Jeremie Kanter to head up new Diligence Division

ComplianceOne Group has expanded its board and Diligence in Gaming division with the appointment of industry veteran and senior compliance professional Jeremie Kanter to the new role of VP, Regulatory and Internal Audit. Kanter joins ComplianceOne Group following more than a decade in senior compliance roles at the likes of William Hill as Group Compliance Director, SBTECH as Chief Compliance …

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Playtech confirms NED appointment of Samy Reeb

SBC News Playtech confirms NED appointment of Samy Reeb

The board of Playtech Plc has confirmed the appointment of Samy Reeb as a new Independent Non-Executive Director of the FTSE250 gambling technology group.  An expert in tax management and auditing of mass market corporations, Reeb is a former director of EY and Credit Suisse, leading the management of tax affairs for key clients in the US and Asia. Further …

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Year in Review: British farce offers no help to gambling in dire times 

SBC News Year in Review: British farce offers no help to gambling in dire times 

The whirlwind period of July to September of 2022 saw gambling caught up in a farce of political affairs, providing leadership no help to navigate the headwinds of a changing economic climate. Interim results saw all gambling PLCs outline deep concerns on averse macroeconomic trends driven by high inflation and the costs of living crisis. Challenging factors to test the …

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Year in Review: Breakneck 2022 sees global gambling face the unknown 

SBC News Year in Review: Breakneck 2022 sees global gambling face the unknown 

The narrative that gambling would see a ‘return to normalised trading’ was short-lived by 2022’s rude awakening, as once more, business was forced to adjust to the realities and concerns of a globalised world.  2021 ended on the unsatisfactory note that the UK government had failed to deliver its White Paper of gambling reforms, which would be delayed to the …

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Playtech launches research to understand effectiveness of RG Tools

SBC News Playtech launches research to understand effectiveness of RG Tools

Playtech Plc is funding an academic research collaboration to “enhance the effectiveness of personalised responsible gambling solutions” for the igaming sector.  The project sees the Dutch institutions of Erasmus Rotterdam and the University of Amsterdam collaborate and share expertise in how gambling can improve its all-round player protections and safeguards. The four-year project, titled ‘A Safe Bet: design and evaluation …

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Mansion secures Ontario launch with Playtech support

SBC News Mansion secures Ontario launch with Playtech support

As part of its long-term partnership with casino operator Mansion, Playtech is supporting the company’s launch in Ontario. With Playtech’s backing, Mansion’s Casino.com and Mansioncasino.com igaming brands have gone live in Canada’s most populous province. Playtech’s part in the deal, the latest development in the duo’s seven-year partnership, includes delivery of a complete online backend solution via its IIMS platform. …

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Playtech promotes Chris McGinnis to CFO as Andrew Smith exits leadership 

SBC News Playtech promotes Chris McGinnis to CFO as Andrew Smith exits leadership 

The board of Playtech Plc has notified investors of Andrew Smith’s decision to step down as Chief Financial Officer (CFO) of the FTSE250 gambling technology group.  By mutual agreement, Smith will leave the business on 28 November, ending his seven-year tenure as Playtech Group CFO. Playtech informed that Smith had chosen to leave the company due to ‘personal reasons’, with …

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