Tag Archives: mor weizer

Gambling technology provider Playtech Plc continues its expansion into the financial trading markets, with the announcement that it has acquired currency trading platform Ava Trade for a sum of $105 million (£67 million). The technology provider will utilise the acquisition to expand the development of its financial trading platform and further its client services. In April Playtech began its initial …

Igaming technology provider Playtech has announced that it plans to raise £250 million to fund its planned £450 million acquisition of financial trading platform Plus500. Playtech is prepared to sell +29 million new shares, an equivalent of a 9.9% stake in the company. Playtech founder Teddy Sagi will retain 33% holding in Playtech via Brickington Holdings Company, Sagi is prepared …

Igaming technology supplier Playtech has confirmed the agreed acquisition of  financial trading and spread betting operator Plus500 for a deal value of £460 million. The acquisition of Plus500, sees Playtech increase its profile and services within the financial trading sector, having acquired forex and binary trading specialist Trade FX for £140 million in April of this year. At present Plus500.com has frozen its …

Gaming In Holland – announced two major initiatives are taking place at this year’s conference. The first is the iGaming Expert Panel sessions discussing ‘The Future of the Dutch Regulated iGaming and Lottery market’.  In which an international line-up of keynote speakers that include:- Walter Bugno, CEO of GTECH Lottomatica, Mor Weizer, CEO of Playtech, Joe Saumarez Smith, Chairman Bedegaming and NED Horseracing Authority. The top …

FTSE 250 listed igaming technology supplier Playtech posted its 2015 opening quarter performance, reporting top line metric growth on all key verticals as the operator extended its technology provisions and signed new customers in the period. In what has so far been a tough first quarter for online gambling operators who have faced increasing tax costs and unfavourable sports result …

Industry leading software and services provider Playtech, has announced today that it is looking to add a further 300 employees to its 4000 global workforce in the next eight months, as the company looks to roll-out several large scale omni-channel projects in the UK and emerging markets. Playtech has outlined that it will look to significantly grow its investment and …

Gaming in Holland today confirmed that this year’s conference topics shall spotlight separate sessions dedicated to secondary iGaming legislation and lottery modernization. Confirmed keynote speakers include: Mr. Walter Bugno President and CEO of GTECH International; Mr. Mor Weizer, CEO of Playtech Plc; Mr. Mark Davies, Managing Director of Camberton PR, member of Betfair founding management team and several key Dutch government officials …

Igaming technology provider Playtech announced plans to raise €315 million (£250 million) in convertible bonds in order to fund potential corporate acquisitions. The Israeli gambling technology provider stated that the convertible bonds would be used to increase funds and ease mechanisms for future acquisitions. Playtech added that it had identified a set of potential opportunities that would create ‘significant value …

Playtech senior management have stated that it will renegotiate supplier terms with its operators, in order to prepare its igaming technology and provisions network for the changes in market conditions that will be applied by the imminent Point of Consumption (POC) tax. Speaking after Playtech’s Q3 corporate performance presentation, Chief Financial Officer Ron Hoffman said that the company had begun …

Having recorded its strongest ever revenue quarter (€116.5 million), Playtech CEO Mor Weizer stated that the igaming technology provider would look to make an acquisition which would “take Playtech to the next level”. Ahead of regulatory changes being brought into the UK and European igaming markets, Weizer detailed that Playtech would look to make a major gaming acquisition by H1 …