Tag Archives: playtech

UKGC forms three groups to address safer gambling standards

The UK Gambling Commission (UKGC) has confirmed that it will create three new focus groups to help facilitate the implementation of safer gambling standards. Led by senior leaders in the gambling industry, the three collaboration groups will focus on game and product design, advertising technology and high value customer incentives to gamble. The initiative, which is said to be the …

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Playtech selects TruNarrative as network compliance lead

FTSE gambling group Playtech Plc has strengthened its compliance and transactional monitoring capacities by integrating TruNarrative ‘single platform’ KYC solutions. The partnership will see Playtech B2C customers benefit from a single platform managing compliance provisions for age and ID verification, document validity, PEP, sanction screening, KYC referencing and further customer protections. In its update, Playtech management details that it has …

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Smooth VLT upgrade sees OPAP confident of delivering on all 2019 targets

Athens-listed gambling group OPAP SA is confident it will deliver on its full-year corporate expectations after recording a strong Q3 2019 performance including growth across all core metrics. Continuing to reap the benefits of its VLT and systems upgrade, OPAP maintains year-to-date revenues of €1.173 billion – up 6% on year-to-date (YTD) 2018 comparatives of €1.106 billion. Publishing its latest …

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Playtech leads ‘omni upgrade’ of Wplay Colombia

Playtech Plc has detailed further information on its ‘long-term’ technology agreement with Aquila Global, operator of ‘Wplay Colombia’, which was confirmed this morning in the FTSE250 firm’s latest trading update. Servicing Aquila Global, Playtech will act as ‘strategic technology lead’ integrating its omni-channel systems and further marketing services for the flagship Wplay property. Wplay operates Colombia’s biggest retail betting network …

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Playtech points to ‘strong core’ as TradeTech struggles

Publishing its latest year-to-date trading update, the governance of Playtech Plc has disclosed that full-year adjusted EBITDA will be below market consensus, despite the firm’s ‘core business’ segments continuing to perform strongly. The FTSE250 technology group attributes its earnings slowdown to financial unit ‘TradeTech’, which expects 2019 results to be ‘well below management expectations’. Updating investors, Playtech governance informs that …

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David Clifton: Licensing Expert – A restless November is just getting started

There are times when writing a monthly column for SBC News presents a challenge. This is one of those months. It’s not because of the paucity of potential content. It’s because of the sheer volume of potential content. As it happens, there is a common thread running through all that I write about below, particularly with a General Election looming …

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UK betting commits to new ‘five core’ safer gambling measures

Chief Executives from a number of UK betting companies have signed up to a new package of safer gambling commitments, which will place a focus on mitigating the associated risks of gambling.  The CEOs from Aspers, bet365, Caesars, Flutter Entertainment, Genting, GVC Holdings, Playtech, Rank Group, Sky Betting & Gaming and William Hill have all committed to the new set …

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GVC expected to confirm Barry Gibson as new Chairman

This weekend, UK business news sources have reported that GVC Holdings will confirm the appointment of Barry Gibson as new Group Chairman of the FTSE gambling firm. Sky News, The Times and The Daily Telegraph report that Gibson is regarded by GVC’s board as the man to soothe investor relations, following the firm’s governance dispute in relation to outgoing Chairman …

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Fortuna migrates Slovakian sportsbook onto Playtech’s IMS platform

Betting and gaming operator Fortuna Entertainment Group has confirmed that it has successfully completed the migration of its Slovakian sportsbook onto Playtech’s IMS platform. The migration marks the next stage in Fortuna and Playtech’s omni-channel partnership in Central and Eastern Europe following the extension of their initial agreement in 2018.  The operator has since outlined plans to migrate its sportsbooks …

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Swiss Casinos to continue success story through Playtech partnership

Playtech Plc has launched its regulated market services for Switzerland, acting as the lead digital systems supplier for Swiss Casinos Group. The FTSE firm is one-of-four technology incumbents allowed to service online casino provisions for approved land-based  operators under the remit of the new ‘Money Gaming Act’’- established by Switzerland’s Federal Council Playtech has secured its systems permit in partnership with …

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