Tag Archives: playtech plc

Playtech H1 2016 profits hit by significant sterling impacts

Significant sterling fluctuations have impacted Playtech Plc’s H1 2016 profit results, despite the FTSE-listed gambling technology provider recording continued top-line metric growth across its divisions. Presenting its H1 trading update (period ending 30 June) Playtech would declare a group EBITDA increase of 27% to €143 million (H1 2015: €112 million) on group revenues of €337 million (up 18% on H1 …

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Strong ‘Commercial Pipeline’ sees Playtech post 38% revenue surge in 2015

New client acquisitions, combined with the continued growth of Tier 1 UK digital accounts (Sky B&G, Gala Coral, Ladbrokes and Betfair) have helped Playtech Plc post full-year 2015 revenues of €630 million up 38% on 2014’s corresponding €457 million. Declaring 2015 corporate results (period ending 31 December), Playtech governance was pleased to announce top-line metric growth on all its core division. …

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Playtech appoints John Jackson as Board Remuneration Chairman

FTSE listed gambling technology provider Playtech has confirmed the appointment of John Jackson as new Chairman of the Board’s Remuneration Committee. Jackson who joined the company this January as a Non-Executive Director will take over the governance responsibilities from Paul Hewitt, who retains his position as Playtech’s Committee Chairman of Risk & Compliance. Releasing a short statement, Playtech governance further …

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Playtech revenues up 24% in record breaking 2014

iGaming technology supplier Playtech Plc reported a record breaking 2014, as the firm achieved record annual revenues and earnings, seeing growth throughout all of its product channels. 2014 full year results saw Playtech record a revenue increase of 24% €457 (FY 2013 – €367 million), the strong revenue performance translated to EBITDA profits of €207 million up 30% on 2013 …

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Playtech acquires Yoyo Games for $16.4 million

igaming software supplier Playtech has confirmed the acquisition of Scottish social/casual games provider Yoyo Games for a deal estimated to be worth $16.4 million (£10.6 million). The acquisition of Yoyo games sees the leading igaming software supplier enter the burgeoning social games market. Under the deal acquisition terms Playtech is set to offer 30% of the deal value under an …

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Playtech confident of hitting yearly targets as revenues rise 21%

Igaming software supplier Playtech reported a strong opening  half to 2014, with revenues up 21% to €214.4 million (£171 million). The software supplier reported further good news, with adjusted EBITDA up 28% year on year to €98 million (£77.9 million) The strong financial performance by the software and igaming services supplier, will see them pay a special dividend of £100m. …

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Playtech Payout as 2013 Profits Surge

Igaming software and services provider Playtech PLC announced publically the issuing of a public dividends to investors and shareholders, as the company saw revenues rise in the fianancial year of 2013. Playtech’s performance was boosted by strong sales revenues in 2013, and further aided by the successful sale of its share in igaming operator William Hill PLC and William Hill …

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