Tag Archives: playtech

The board of Playtech Plc has this morning responded to media speculation of a ‘contingency plan’ to break-up its business units, should the sale of the company be thwarted by a ‘collective of Asian shareholders’. As reported by Sky News, boardroom concerns loom at Playtech that the recommended £2.7 billion takeover offer made by Aristocrat Leisure will be voted down …

JKO Play has confirmed that it will not meet the deadline to make a firm bid for Playtech, leaving Aristocrat as the sole bidder for the majority shares in the gaming firm. Issuing an update this morning, the Eddie Jordan family and Keith O’Loughlin owned company – which controls a 0.51% stake in Playtech – revealed that it would be …

The All-in Diversity Project has strengthened its network and signed its first strategic partner of the new year in the Hensel Grad Law Firm.  By linking with Hensel Grad, All-in aims to further strengthen its foothold in the rapidly expanding sports betting and gaming industry, with the equality and diversity non-profit hoping to leverage its new partner. Hensel Grad is …

Playtech Plc has announced that the make or break deadline by which JKO should confirm its intentions with regards to a takeover of the gaming content and technology developer. Under the initial terms, JKO would have until 5:00pm on 5 January 2022 to make a firm offer to buy Playtech, but the revised conditions will see the company have until …

The Betting and Gaming Council (BGC) has provided an overview of the gambling industry’s 2021 CSR initiatives, focusing on community outreach, economic and social contribution, promotion of equality and diversity, employee support and environmental initiatives.  A number of prominent companies were highlighted in the report, including bet365 Group, Flutter Entertainment, William Hill, Gamesys and Entain, whilst BGC members in general …

The board of Playtech Plc has demanded that JKO Play, the consortium led by former F-1 team owner Eddie Jordan and business partner Keith O’Loughlin, submit its acquisition offer by no later than Wednesday 5 January 5:00 PM.  The deadline sees Playtech put forward a ‘put-up or shut-up’ notice to JKO, which had made its initial approach on 17 November, …

Aristocrat Leisure has made progress in its prospective acquisition of Playtech, after stakeholders of the latter company voted in favour of selling its Finalto financial trading division to Gopher Investments. The disposal of Finalto to Gopher was cited as a ‘key condition of aristocrat’s offer’ for the whole of the Playtech business, and has been welcomed by the gaming content …

Gopher Investments has withdrawn from its pursuit to acquire Playtech Plc, confirming that it will propose no counteroffer to investors of the FTSE250 gambling technology group. The Hong Kong investment vehicle that maintains a 5% shareholding in Playtech, had previously stated its intent to table a counteroffer against the £2.7 billion deal put forward by ASX games manufacturer Aristocrat Leisure. …

The board of Playtech Plc has moved to confirm media speculation that it has been approached by a third suitor seeking to acquire the FTSE250 gambling technology group. This morning, Playtech governance confirmed that on 5 November, a ‘preliminary approach’ was made by JKO Play Limited, a consortium led by former F-1 team owner Eddie Jordan and Scientific Games executive …