Flutter Entertainment has revealed that its #ClubsinCrisis fund has generated £24 million in social/community benefits according to independent research conducted by Newton for a charity partner Made by Sport. The FTSE100 betting group launched its #ClubsinCrisis fund in March 2021, forming its Cash4Clubs partnership with Made by Sport – a UK charity that champions local sports development as a vital …
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In what may well be his last conference call as Group CEO of Playtech Plc, Mor Weizer highlighted to investors the firm’s dominance across nascent Latin American markets as the group’s joint-venture partnerships continue to dictate the state of play. Weizer, who has chosen to freeze his leadership of the FTSE250 technology group to support the takeover by Hong Kong …
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Gopher Investments has withdrawn from its pursuit to acquire Playtech Plc, confirming that it will propose no counteroffer to investors of the FTSE250 gambling technology group.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. …
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The All-in Diversity Project (AiDP) has welcomed Playtech Plc as its latest member, as the FTSE250 technology group commits to participating in the non-profit’s workforce diversity and employment equality and inclusion directives. The membership follows Playtech launching its ‘Sustainable Success’ – corporate responsibility programme, establishing the tech firm’s CSR l goals in a new decade of complex socio and environmental …
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Entain Plc has published its Environmental Social and Governance (ESG) 2020/2021 report, tracking the FTSE100 gambling group’s progress on its corporate charter and sustainability objectives. Establishing its new identity as Entain, in November 2020 the group launched its ‘Sustainability Charter outlining its ambitious plans to lead the ‘global gambling sector in an era of sustainability and corporate conduct’. The charter is …
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The board of 888 Holdings has formed a new ‘Environment, Social and Governance’ (ESG) committee to help structure and guide the FTSE250 online gambling group’s corporate social responsibility (CSR) duties and objectives. The ESG Committee will be led by Lord Jon Mendelsohn, 888’s forthcoming non-executive Chairman who will take leadership of the firm’s corporate governance duties from May onwards. A …
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Entain Plc has partnered with financial security technology services provider Synalogik to deepen its verification and risk reporting accuracy protecting its group-wide customers. The FTSE100 group becomes the first major igaming operator to deploy Synalogik credit check and financial assessment systems, used by companies such as NatWest, O2, Telefonica, and Innovate UK. A developer of customised credit verification systems for …
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Playtech Plc has secured a further tier-1 operator contract extension, as Flutter Entertainment renews its lead igaming supplier services contract with the FTSE250 technology group. Securing a new five-year contract, Playtech Plc will continue to serve as lead online gambling software and games supplier for Flutter’s Paddy Power, Betfair and Sky Casino brands. Flutter branded Playtech as a key strategic …
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William Hill Plc has issued an update on the ‘timetable and conditions’ regarding its $3.6 billion takeover by US strategic partner Caesars Entertainment. Caesars takeover bid was first disclosed and recommended by William Hill’s board to shareholders on 30 September 2020. Subject to shareholder and regulatory approval, Caesars $3.6 billion bid was put forward by the US operator’s special unit …
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Entain Plc faces a shareholder clash in its £250 million pursuit to acquire leading Baltics online gambling group Enlabs AB. Texas hedge fund Alta Fox Capital Management, the owner of 3.3% of Enlabs shareholding, has said that it will refuse to sell any shares to Entain at the recommended offer of SEK 40 (£3.50) per share. Led by US investor …
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