Tag Archives: playtech

Consob clears path further for Playtech’s Italian takeover

Playtech has received a further green light in its €846 million (£741 million) purchase of Snaitech SpA, after the Italian financial market’s supervisory authority Consob, cleared the path for the mandatory takeover of the remaining shares not already owned by the group. The gambling software development firm had previously announced an initial acquisition of 70.6 per cent of the Italian …

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Buzzed Up! Playtech secures Gala Leisure omni-channel lead systems agreement

FTSE industry technology group Playtech Plc has confirmed that it will act as lead omni-channel systems provider for Gala Leisure, as the UK bingo operator transitions to its new identity as Buzz Bingo. Updating the market, Playtech will become the lead bingo and casino platform provider for Gala Leisure, servicing the retail and land-based provisions of Buzz Bingo future enterprise. …

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Six events make up ‘must attend’ Betting on Sports Week in September

Betting on Sports

SBC Events will invite more than 2,500 delegates to “feel the pulse of the sports betting industry” through six events at this year’s Betting on Sports Week in London. Taking place from 18-21 September at Olympia London, #boscon2018 will feature five conferences – Betting on Sports, ESI London, Casino Beats Summit, AffiliateFEST and Sponsorship Forum, as well as a lavish …

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Playtech BGT launches ‘bet-request’ for retail environments with new MatchAcca product

Playtech BGT has unveiled its new MatchAcca product, which will be available for clients across its self-service betting terminals (SSBTs) during World Cup Russia 2018. The MatchAcca product, gives bookmakers the option to back related markets by combining several bet-selections into a single match betslip. Playtech BGT details that MatchAcca is ‘the first-of-a-kind product’ for the retail sector. ‘An example …

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Rapid growth sees Square in the Air bolster team

Multi-award-winning PR agency Square in the Air has recruited four key hires, significantly strengthening the business across major departments and accounts including B2B, B2C and digital media. James Bennett, former senior business journalist, editor of eGaming Review and Head of Communications at Playtech, where he spent the last four years, re-joins the agency within the senior management team as Director …

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Playtech given green light for Snaitech acquisition

Gambling software development company Playtech has confirmed that it has received approval to buy a majority stake in Italian betting and gaming firm Snaitech SpA from the gaming regulator in Italy. The major industry supplier had agreed to buy a 70.6% stake in Snaitech back in April, for €846 million (£741 million). The deal is expected to close next month, and …

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Playtech seeks to advance its M&A agenda

The governance of Playtech Plc has stated that it will continue to ‘explore further M&A opportunities’ to advance the FTSE firm’s regulated market growth strategy. Ahead of today’s corporate Annual General Meeting (AGM), Playtech governance details to its investors that it is making progress on both its ‘organic and M&A’ disciplines. During Q1 2018, Playtech Plc completed the acquisition of …

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Playtech moves into Italy with €846m Snaitech acquisition

Major industry supplier Playtech has pulled off an audacious move with an agreement to purchase Italian bookmaker Snaitech. The initial deal will see Playtech acquire 70.6% of the operator after which it will be compelled to make a mandatory takeover offer for all the remaining shares. Commenting on the transaction, Mor Weizer, Chief Executive Officer of Playtech said: “The acquisition …

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Ladbrokes estate receives Playtech single account functionality

Ladbrokes

Ladbrokes players throughout the UK are now able to use one account and one wallet across all online, mobile and retail products, following an integration of the Playtech single account omni-channel functionality across its entire retail estate. In line with the Playtech One strategy the newly unified sportsbook platform, encompassing Self Service Betting Terminals (SSBTs), is fully integrated with the …

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Olympic Entertainment books major Neon upgrade with Playtech IGS

FTSE-listed gambling technology supplier Playtech Plc has confirmed that it has expanded its lead systems supplier partnership with Olympic Entertainment Group (OEG), Eastern Europe’s largest gambling operator. Securing a long-term partnership, OEG governance has selected Playtech’s Neon casino management system to deliver on ‘connecting more than 100 casinos in five countries, covering approximately 3,500 electronic gaming machines combined with 150 …

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