Tag Archives: Keith O’Loughlin

Playtech’s hopes for a new owner may have been raised, as Irish businessman Eddie Jordan has reportedly renewed his interest in the company, according to The Times. The newspaper stated today that Jordan is ‘understood to be considering returning to the table’ after a bid for Playtech from Hong Kong investment fund TTB Partners fell through last week.  TTB’s deadline …

Eddie Jordan, who leads JKO Play’s takeover pursuit of Playtech Plc, is reported to have secured the financial backing of former Party Gaming enterprise co-founder Vikrant Bhargava.  The Sunday Times reported that the British Indian tycoon will serve as a co-financier of JKO’s bid that requires its submission to Playtech governance by 2 February. As stands, Playtech governance has backed …

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 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, …

Gopher Investments has withdrawn from its pursuit to acquire Playtech Plc, confirming that it will propose no counteroffer to investors of the FTSE250 gambling technology group.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 …

Scientific Games has acquired sports betting innovation studio SportCast to strengthen SG Digital’s sportsbook technology unit. Operating since 2013, SportCast is recognised as a leading developer of customised betting components and market solutions for sportsbook operators.  The London-based studio is credited as the original developer of the BetBuilder product – a transformative innovation that allowed online sportsbook players to build …

Scientific Games has broken its records again in 2021, this time at the Grand National at Aintree Racecourse on Saturday, building on the success of its OpenSports platform at the Cheltenham Festival. The Nasdaq registered firm reported over 50 million bets placed through OpenSports, utilised by a range of online and retail operators, with over 19 million bets placed on …

Scientific Games processed a ‘record volume of bets’ throughout last week’s Cheltenham Festival, reporting a ‘huge uplift’ of 53% on its OpenSports platform. The OpenSports solution is used by a number of leading sports betting operators including William Hill, Entain’s Ladbrokes and Coral brands and Flutter Entertainment’s Paddy Power and Betfair companies. In addition to the 53% increase in betting …