LONDON: Playtech PLC (LSE: PTEC), the global leader in gambling technology, has announced the appointment of John Gleasure as an independent Non-executive Director and Chairman Elect. Gleasure is set to succeed Brian Mattingley as Non-executive Chairman following Playtech’s Annual General Meeting (AGM) in May 2025. Mattingley, who will step down from the Board at that…
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Playtech sells Snaitech to Flutter Entertainment at enterprise value of €2.3 billion
LONDON: Playtech plc has entered into a definitive agreement for the sale of Snaitech S.p.A. and certain of its subsidiaries to Flutter Entertainment Holdings Ireland Limited for a total enterprise value of €2.3 billion in cash. Snaitech is one of the leading Italian B2C sports betting and gaming companies in online and retail, and employs…
Gopher agrees with Playtech to acquire Finalto for $250mn
LONDON, UK: Gopher Investments has entered into an agreement with Playtech to acquire its financial trading division, Finalto, for $250 million. Gopher is a 4.97% shareholder in Playtech, and welcomes the unanimous support of the Playtech Board and expects to complete the transaction in H1 2022. The transaction is subject to Playtech shareholder approval and…
Playtech signs strategic partnership with Wplay
LONDON, UK: Playtech plc has signed a long-term structured agreement with Aquila Global Group SAS (Wplay), the operator of Wplay, Colombia’s leading gaming and betting brand. Under the agreement Playtech will become Wplay’s strategic technology partner delivering its omni-channel products together with operational and marketing services across the leading brand’s retail and online operations. The…