Tag Archives: TradeFX

Playtech records 33% H1 revenue growth as regulated market activity pay dividends

SBC News Playtech records 33% H1 revenue growth as regulated market activity pay dividends

Following a period of concentrated acquisition activity in the financial services sector, igaming technology and provisions provider Playtech Plc has announced its unaudited Interim H1 2015 results (period ending 30 June), recording growth on all key performance metrics . Playtech H1 2015 performance overview The FTSE 250 listed company, saw a revenue rise of 33% to €286 million (H1 2014 …

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Playtech acquires 91% stake in TradeFX with €208 million cash offer

SBC News Playtech acquires 91% stake in TradeFX with €208 million cash offer

iGaming technology and software provider Playtech Plc has conditionally agreed to acquire a 91% stake in currency trading and binary options operator TradeFX Limited. The acquisition deal for TradeFX is potentially worth €458 million, as Playtech are prepared to make an initial cash payment of €208 million, combined with corporate performance related caveats valued at an additional €250 million. TradeFX …

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