At this year’s SBC Summit Latinoamérica, Julio Cesar Tamayo, the CEO of Wplay, will present a distinctive viewpoint on the Latin American gaming and betting sector by engaging in a keynote fireside chat alongside industry expert Dr. Evert Montero Cárdenas, President of Fecoljuegos. Recognizing that this industry plays a vital role in the prosperity of nations and communities, while also …
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Mor Weizer: Playtech reaps big rewards of Latin American JV gambles
In what may well be his last conference call as Group CEO of Playtech Plc, Mor Weizer highlighted to investors the firm’s dominance across nascent Latin American markets as the group’s joint-venture partnerships continue to dictate the state of play. Weizer, who has chosen to freeze his leadership of the FTSE250 technology group to support the takeover by Hong Kong …
Read More »Playtech lauds global proficiency as board weighs up future outcomes
Playtech Plc has delivered 2021 results above its expected guidance, as the FTSE250 technology group continues to consider its long-term strategic options. Updating stakeholders in its full year results for 2021, Playtech reported a 12% increase in revenue from €1,078.5 million to €1,205.4 million – driven by growth of its B2B and B2C units. Revenue growth was coupled with a …
Read More »Winning Post: LatAm… Get local or die tryin
Whilst operators are highly motivated by the commercial opportunity offered by LatAm jurisdictions as the sector’s next boom markets. Regulus Partners warns of the perils of not executing a native approach to service ‘new world’ customers… Peru and Chile are likely to be joining Mexico, Colombia, and Argentina (province by province) as major LatAm countries which are offering domestically regulated …
Read More »Playtech sees 4% revenue fall but maintains confidence in B2B success
Playtech Plc has highlighted a ‘very strong performance’ for its B2B verticals throughout the first half of 2021, achieving objectives across three continents, despite experiencing a 4% decline in revenue. Informing stakeholders in its interim trading report and following on from its July update, the FTSE 250 gaming technology group detailed that total revenue had fallen to €457.4 million (H1 …
Read More »SBC Leaders: Lessons learned from 2020 and the road to recovery
Drawing upon lessons learned can help build the foundation for strong future performance, explained Elen Barber, Chief Marketing Officer at Kindred Group. An exclusive interview with Barber kicks off the first 2021 edition of SBC Leaders, delving into all things marketing, sponsorship, regulation and responsible gambling. Yet as the magazine title would suggest, Barber is far from the only leader …
Read More »Playtech outrides hazardous 2020 ahead of consensus
Playtech Plc has published a trading update informing investors that its full-year 2020 corporate performance is expected to be ‘ahead of market consensus’. The FTSE250 technology group anticipates reporting a ‘solid financial performance for 2020’ through delivering an adjusted EBITDA expected to be ‘at least €300 million’. Providing a review of its 2020 activities, Playtech underlined that the company had …
Read More »Playtech points to ‘strong core’ as TradeTech struggles
Publishing its latest year-to-date trading update, the governance of Playtech Plc has disclosed that full-year adjusted EBITDA will be below market consensus, despite the firm’s ‘core business’ segments continuing to perform strongly. The FTSE250 technology group attributes its earnings slowdown to financial unit ‘TradeTech’, which expects 2019 results to be ‘well below management expectations’. Updating investors, Playtech governance informs that …
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