Tag Archives: Trade FX

Playtech continues FX expansion with Ava Trade $105 million acquisition

SBC News Playtech continues FX expansion with Ava Trade $105 million acquisition

Gambling technology provider Playtech Plc continues its expansion into the financial trading markets, with the announcement that it has acquired currency trading platform Ava Trade for a sum of $105 million (£67 million). The technology provider will utilise the acquisition to expand the development of its financial trading platform and further its client services. In April Playtech began its initial …

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Playtech hires Neil Offord as Chief Analyst

SBC News Playtech hires Neil Offord as Chief Analyst

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, …

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Playtech agrees to acquire Plus500 trading platform for £460 million

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 …

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