Tag Archives: playtech

Jelena Kuzmanov, product owner at Danish affiliate Better Collective, attended the recent Slot Summit in Bucharest on behalf of SBC News. Find out what she thought about Clarion‘s latest gaming event. SBC: This was the first Slot Summit – how do you feel it went? Great! As you pointed out – this was our first time there and it was …

Plus500 the financial trading platform, at the centre of a takeover bid by igaming technology provider Playtech has announced that it has upgraded its sponsorship of Spanish La Liga football club Atlético Madrid, Spain’s third biggest football club. From season 2015/2016 Plus500 is set to be the official shirt sponsor of “Los Colchoneros” (Atlético Madrid’s nickname). The Israeli trading platform …

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 …

Financial trading operator Plus500, the company which is currently a £460 million takeover target of leading igaming technology provider Playtech has proceeded to reactivate customer accounts. Plus500 sees itself at the centre of an anti-money laundering investigation by the UK Financial Conduct Authority (FCA). The regulator has halted Plus500’s abilities to trade and service transactions, which has seen the company’s share …

Hedge fund Odey Asset Management (Odey AM), the largest shareholder in Playtech takeover target Plus500 is set to oppose the £460 million takeover bid put forward by the igaming technology provider last week. Odey AM has slammed the offer made by Playtech, labelling the bid as “opportunistic”, since it exploits Plus500’s current UK trading difficulties. Odey  further noted that Playtech …

The Slot Summit has released an updated agenda, packed full of stellar speakers, for next week’s event in Bucharest, Romania, and has unveiled Playtech as a Platinum Sponsor. Romanian Gaming Commission President Odeta Nestor, Gaming Standards Association Protocol Director Ethan Tower, Steelman Partners Europe General Manager Aleksey Belinskiy and Paul Mettam, Casino Marketing Director at London’s Hippodrome Casino, have all …

Igaming and gambling technology supplier Playtech has confirmed the hire of BDO Capital Markets Neil Offord as its new Chief Analyst. Offord who led BDO’s transactions services division, has extensive knowledge of igaming and sports betting corporate reporting and analysis having worked on numerous industry projects. Offord has further gained crucial analyst experience and insight having worked on international mergers, …

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 …

UK business news sources have reported that 888 Holdings are preparing a £1 billion takeover of igaming and sports betting operator bwin.party. The news, follows last Friday’s media conformation by rival operator GVC Holdings of its acquisition interest in purchasing bwin.party entertainment in its entirety. The 888 bid would likely be treated as a reverse takeover as bwin.party has a …

Event organiser Gaming In Holland has announced  that representatives of the major operators of the State lottery De Lotto and the National Postcode Lottery, shall be debating pending regulatory changes in the lucrative Dutch lottery market at its June conference. Until recently, the Netherlands lotteries market was regulated by the Netherlands Gaming Control Board, but from April 2012 this responsibility …