Playtech Plc has delivered on its strategy to simplify the company and focus on ‘core B2B’ growth by divesting its final non-core business asset ahead of a critical second half of 2021. This morning, Playtech confirmed that it had reached definitive terms to sell financial trading division Finalto to Barinboim Group – a private consortium led by Leumi Partners and Menora …
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All-in Diversity Project announces survey into pandemic DEI impacts
The All-in Diversity Project (AiDP) has launched an industry-first survey examining the impact of the COVID-19 pandemic on diversity, equality and inclusion (DEI) in the betting and gaming industry. Initiated globally, the survey is free for all participants and will allow employees and employers to share their thoughts and experiences on how the pandemic has affected their attitudes and approach …
Read More »75% increase in sports betting turnover drives NSoft Q1 growth
Software provider NSoft has countered coronavirus headwinds to meet its commercial targets for Q1 2021, reporting strong growth for its sports betting products in particular. Identifying its Live Sports Betting solution as ‘the best performing product’, NSoft reported a total turnover increase of 75% when compared to the same time period in 2020. The operator said it ‘raised the sportsbook …
Read More »Sportium takes ownership of Marca Apuestas
Sportium, the sports betting unit of Grupo Cirsa, has reached an agreement with Spanish news publisher Unidad Editorial SA to take control of the Marca Apuestas (MarcaApuestas.es) sportsbook brand. Marca Apuestas serves as the sports betting subsidiary of Marca (Marca.com), Spain’s highest-selling daily sports newspaper and highest coverage online news portal. Spanish business news source Merca2.es reports that Sportium has …
Read More »Playtech secures live upgrade of Betsson igaming services contract
Playtech Plc has continued its strong tier-1 commercial momentum by announcing that Betsson AB has upgraded its lead igaming services contract. Securing a four-year extension, Playtech will deploy its customised live studio gaming suite across Betsson’s European portfolio for the flagship brands of Betsson, Betsafe, NordicBet and EuropeBet. The partnership will see Betsson’s live casino games inventory significantly enhanced with …
Read More »Playtech nets five-year Flutter full service igaming contract extension
Playtech Plc has secured a further tier-1 operator contract extension, as Flutter Entertainment renews its lead igaming supplier services contract with the FTSE250 technology group. Securing a new five-year contract, Playtech Plc will continue to serve as lead online gambling software and games supplier for Flutter’s Paddy Power, Betfair and Sky Casino brands. Flutter branded Playtech as a key strategic …
Read More »Playtech reports €73m loss in year of COVID shocks
Playtech Plc has made significant progress with its group-wide strategic objectives during 2020 – a year in which all core business units were challenged by COVID-19. The FTSE250 technology group recorded full-year group revenues of €1.07 billion, down 25% on corresponding FY 2019 results of €1.4 billion, with the company noting that severe H1 headwinds impacted the performance of its …
Read More »Jason Ader: Mattingley must awaken Playtech’s US future
Brian Mattingley’s appointment as the new company chairman of Playtech Plc has been welcomed by company investor Jason Ader and his asset management company SpringOwl. Though the appointment was branded as conservative in some quarters with Mattingley due to finish his 15-year CEO and Chairmanship tenure at 888 Holdings, Ader believes that Mattingley will play a critical role in Playtech’s …
Read More »Playtech appoints Brian Mattingley as inbound chairman
Playtech Plc has announced Brian Mattingley as its new company chairman, bringing its near two year search for a successor to Alan Jackson to a close. Mattingley, who is in the final days of his 15 year tenure as Executive Chairman of 888 Holdings, has agreed to join FTSE250 Playtech. Mattingley is due to leave 888 this May, having announced …
Read More »All-in Diversity Project initiates latest social media campaign
All-in Diversity Project has launched its #OpenDoors 2021 social media campaign, spanning Black History Month and International Women’s Day. Contributors to the campaign will be asked to ‘thank someone who opened a door for them,’ and pledge to do the same for someone else in the future. The initiative aims to raise awareness of how professional development can be affected …
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