Tag Archives: Finalto

Playtech Plc has delivered 2021 results above its expected guidance, as the FTSE250 technology group continues to consider its long-term strategic options.  Updating stakeholders in its full year results for 2021, Playtech reported a 12% increase in revenue from €1,078.5 million to €1,205.4 million – driven by growth of its B2B and B2C units.  Revenue growth was coupled with a …

Aristocrat CEO and Managing Director, Trevor Croker, has detailed that the company’s ‘commitment to participate in the RNG sector’ as part of its wider strategy will not be altered, following news of the collapse of its acquisition of Playtech. Issuing a statement this morning, Playtech anticipated that the minimum threshold of 75% of shareholders would not vote in favour of …

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 …

Playtech Plc has responded to media speculation regarding a counterbid that existing shareholder Gopher Investments will table to take control of the FTSE250 gambling technology group. This Sunday, Sky News reported that Gopher – a Hong Kong-based investment vehicle that maintains a 5% shareholding in Playtech – will launch an expected £3 billion counteroffer, triggering a bidding war against ASX …

Playtech Plc has maintained confidence in delivering on its full-year financial targets and corporate objectives, as the FTSE250 technology group secures a series of positive outcomes during the first-half of 2021 trading.  Updating investors, Playtech outlined that group performance was in-line with expectations since the last trading update published on 26 May 2021, as the group cites ‘very strong online …