Tag Archives: playtech

Playtech founder selling large stake

SBC News Playtech founder selling large stake

Playtech founder Teddy Sagi is selling 10% of the company for £212m($353 million), the supplier has told the stock market. 29.3m ordinary shares are being sold for 725p, despite them reaching a record high of 818p last week. The shares are owned by Brickington, a company in which Sagi is beneficially interested, and Playtech was at pains to highlight that …

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Mor Weizer – ‘Playtech have the Firepower and Appetite to do Buyouts.”

SBC News Mor Weizer - 'Playtech have the Firepower and Appetite to do Buyouts.”

UK Newspaper the Daily Telegraph reported that Israeli based igaming software supplier Playtech may be looking to acquire business ventures in the coming months. Playtech may undertake a series of acquisitions in order to strengthen its existing portfolio of igaming products and services. Speaking to the British newspaper CEO Mor Weizer commented that the management of Playtech were on the …

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Playtech Payout as 2013 Profits Surge

SBC News 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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