Prominent online casino games developer Playtech has reportedly announced that its net profit for the twelve months to the end of December increased by slightly over 25% year-on-year to top €317.1 million ($349.2 million). According to a report from FinanceFeeds Limited, the London-listed innovator revealed that this success came as its aggregated revenues for the twelve-month period rose by 12% year-on-year to approximately €1.2 billion ($1.3 billion) with a 25% swell in associated adjusted earnings before interest, tax, depreciation and […]

The post Playtech chalks up a profitable 2021 due to significant North American growth appeared first on World Casino News.

Online casino games developer Playtech is reportedly considering what to do after its shareholders spurned a $2.8 billion takeover offer that had been lodged by Australian gaming machines giant Aristocrat Leisure Limited. According to a report from the Reuters news service published by US News and World Report, less than 55% of investors in the London-listed innovator voted in favor of the around $9.17-a-share proposition earlier today when a consensus of at least 75% had been required. This blow purportedly […]

The post Playtech shareholders rebuff Aristocrat Leisure Limited takeover approach appeared first on World Casino News.

Online casino games developer Playtech is reportedly drawing up contingency plans that could see it break up and sell off its operations should shareholders fail to approve a proposed $2.8 billion takeover offer from Aristocrat Leisure Limited. According to a report from Sky News, investors in the Isle of Man-based innovator are due to vote on the around $9.17-a-share proposition from Aristocrat Leisure Limited via a February 2 ballot with any such deal requiring a 75% consensus. This vote had […]

The post Playtech pondering break-up possibilities should its coming merger vote fail appeared first on World Casino News.

British online casino games developer Playtech has announced that its popular Quantum Roulette live-dealer roulette game is being made available to players in Italy courtesy of an exclusive agreement with local iGaming operator Snaitech SpA. The Isle of Man-based innovator used an official Wednesday press release to declare that the game utilizes ‘single zero’ roulette rules and will be offered to Italian aficionados complete with native-speaking dealers via the locally-licensed domain at SNAI.it. Multiplying magnificence: London-listed Playtech stated that the […]

The post Playtech bringing Quantum Roulette live-dealer advance to Italy appeared first on World Casino News.

In Italy, omni-channel gaming software and services innovator Playtech has reportedly received official approval from the nation’s Amministrazione Autonoma dei Monopoli di Stato (AAMS) regulator to purchase a majority stake in prominent local online and retail operator Snaitech SpA. According to a Monday report from the Reuters news service, Playtech agreed a deal early last month that will see it hand over approximately $359.2 million in cash in exchange for a 70.6% stake in Milan-based Snaitech SpA, which was formed […]

The post Playtech receives official consent for Snaitech SpA purchase appeared first on World Casino News.