Tag Archives: playtech plc

Updating the market, leading industry platform and technology provider Playtech Plc has confirmed that it has completed its acquisition of Consolidated Financial Holdings A/S (CFH Group). Playtech governance had first announced its approach for CFH Group this November, with the company prepared to pay $120 million (£95 million) for the financial trading systems developer. Confirming its deal through a regulatory …

Financial news sources have reported this morning, that Teddy Sagi, founder of Playtech Plc has sold 10% of his equity in the FTSE-listed gambling technology supplier. The news sees Sagi one of the UK’s richest businessmen reduce his stake in Playtech from 33.6 to 23.6%. The sale transaction of 32.2 million shares will be carried out by Sagi’s investment firm …

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 …

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. …

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 …

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 …

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 …

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. …