The Latest in playtech
Industry
August 24, 2022
Playtech Powers Buzz Bingo with a Single Wallet Solution
Global gaming tech developer Playtech has expanded its existing agreement with the British bingo and slots operator Buzz Bingo. The provider has now armed Buzz Bingo with a single wallet solution. The Solution Allows Players to Play Retail and Online Playtech’s single wallet tech will create a universal way for customers to add money to […]
Business
August 1, 2022
Playtech Relinquishes Its SPAC Plans for Caliplay
The board of directors of gambling software developer Playtech announced that they are suspending their plans to publicly list Caliplay, the company’s joint venture with Mexico-based operator Caliente Interactive. An Alternative Solution for Caliplay Is Still Possible Earlier this year, Playtech revealed that it intended to merge Caliplay with a special-purpose acquisition company (SPAC) to […]
Casino
July 28, 2022
Playtech and 888 Team up for RNG and Live Games in the US
Playtech and 888 Holdings are deepening their content ties in the United States with the former announcing that it will be providing 888casino with its dedicated iGaming portfolio. 888 Holdings is an established player in the North American and European markets and maintains a healthy global reach. New Live and RNG Games Coming to 888casino […]
Industry
July 20, 2022
Resorts Digital Expands NJ Presence with Playtech
Leading casino technology company Playtech has signed a new content distribution deal with the pioneer gaming company that introduced Atlantic City to gambling four decades ago, Resorts Digital Gaming. Playtech’s innovative community gameshow “Live Slots” will reach Resorts’ players, along with some of the freshest releases that incorporate revolving studio designs and mesmerizing augmented reality […]
Sports
July 14, 2022
TTB Partners Will Not Purchase Playtech; Supplier’s Shares Drop Massively
Playtech’s shares have dropped by more than 18% after its third-largest stakeholder, TTB Partners, abandoned its plans to acquire the online gambling and sports betting supplier. The news of the failed purchase scared investors and the share drop resulted in a $355 million loss for Playtech. TTB Partners Cited Market Challenging Conditions as the Main […]
Business
June 17, 2022
Playtech Extends Negotiations Period with TTB Partners
Playtech has decided to extend TTB Partners’ period to submit a proposal for acquiring the former company. This was announced this morning by the gaming supplier’s board of directors. Playtech and TTB Partners to Continue Negotiations TTB Partners had to submit a proposal by June 17, which it failed to do. As per Playtech’s board’s […]
Business
June 15, 2022
Playtech Clears the Final Hurdle for Its Sale of Finalto
Renowned gambling software development company Playtech announced this Wednesday that it had received the necessary regulatory approvals to complete the sale of its financial trading division Finalto to Hong-Kong-based Gopher investments. Playtech shareholders approved the $250 million cash-only sales in December 2021, and the companies hope to close the deal by the end of June […]
Sports
June 8, 2022
NorthStar Bets Officially Launches in Ontario with Playtech’s Help
Playtech and NorthStar Bets have officially launched their online casino and sportsbook in Ontario’s newly regulated online gambling market. With this partnership, Playtech will provide NorthStar with its live casino and casino services, as well as its IMS platform. Playtech and NorthStar Entered an Agreement Earlier This Year Playtech shared an official announcement that it […]
Casino
May 9, 2022
Playtech and Paysafe Announce Partnership Extension in Europe and the UK
Playtech and Paysafe have extended their partnership as both companies will collaborate in Europe and the UK. The existing deal includes the US, where Playtech offers Paysafe’s payment solutions to iGaming players and so far, the success has been praised by both sides. Both Parties Enjoyed Their Relationship Since 2021 Paysafe has powered Playtech’s Play […]
Industry
May 5, 2022
Playtech Kicks Off 2022 with a Blast, TTB Takeover Talks Continue
Playtech, a famous developer of gambling software, has kicked off 2022 with excellent financial results as demonstrated by its Q1 results. The company’s continued success has attracted the gaze of the investor firm TTB Partners. Playtech’s Business Flourishes Playtech’s results for the first three months of 2022 were strong and demonstrated a drastic EBITDA growth. […]