Playtech Plc has entered discussions with an ‘Israel based consortium’ with regards to the sale of its Finalto financial trading unit. The FTSE250 technology group issued a short statement confirming media speculation that it had entered talks to offload Finalto to a consortium formed by Barinboim Group, Leumi Partners Limited, The Phoenix Insurance Company Limited and Menora Mivtachim Insurance. Playtech …
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Playtech’s new financial division ‘TradeTech Group’ acquires Alpha UK
FTSE-listed industry platform and technology provider Playtech Plc continues its expansion within the financial services sector, moving to acquire all assets of Alpha UK, a B2B risk-management and trading systems’ supplier. Issuing a market update, Playtech informs that it has acquired Alpha’s international client portfolio, the firm’s proprietary technologies, its B2B platform, development and trading teams plus all intellectual properties. …
Read More »Playtech transfers Ron Hoffman to lead new financial services division
FTSE-listed gambling technology provider Playtech Plc has this morning confirmed that group CFO Ron Hoffman will be transferred to the position of Chief Executive for its financial services division. The transfer will see Hoffman further step down from the board with immediate effect. Hoffman’s group leadership position will be replaced by current Head of Investor Relations Andrew Smith. Playtech governance …
Read More »Arsenal selects DJI Holdings as Asian Lottery Partner
Chinese lottery operator DJI Holdings PLC on Wednesday said it has signed an agreement with North London football club Arsenal Football Club to be the club’s official Asian Lottery Partner. Under the three-year deal, DJI will be able to offer its customer base Arsenal-related content, with exclusive information about the team. No financial details on the agreement were disclosed. Commenting …
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