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. …
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Online payment service provider SafeCharge, a majority owned company by Israeli igaming magnet Teddy Sagi, has announced its intentions to raise about $100 million by listing its shares on London’s junior Alternative Investment Market (AIM) stock exchange. A Company statement read that the payment provider was eyeing an April date for its flotation and further funding on the AIM. The …
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Playtech Founder Teddy Sagi is set to IPO another of his business ventures – online payment provider SafeCharge. Sagi is the main shareholder of the payment provider with 90% of the company’s shareholding. SafeCharge is set to offer its initial IPO on the London Alternative Investment Market (AIM), with a view of raising $100m in new equity for future acquisitions, …
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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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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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