Playtech agrees deal to exit Happybet German betting operating
28th May 2025 10:22
(Alliance News) - Playtech PLC on Wednesday said it has struck an agreement to exit its Happybet online gambling and retail betting unit in Germany. Read More
(Alliance News) - Playtech PLC on Wednesday said it has struck an agreement to exit its Happybet online gambling and retail betting unit in Germany. Read More
(Alliance News) - Playtech PLC on Wednesday said it continued to see strong revenue growth in the US but noted initial headwinds amid new regulations in Latin American markets. Read More
Playtech PLC - Isle of Man-based gambling software developer - Chief Executive Officer Mor Weizer buys 78,820 shares at 340.02 pence, worth GBP268,003, on Monday. Chief Financial Officer Chris McGinnis buys 31,355 shares at 341.21p, worth GBP106,987, also on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - London's FTSE 100 is called to open higher on Friday, on optimism that a UK-US trade agreement could pave the way for a similar pact with China, to ease the hit from tariffs. Read More
Playtech PLC - Isle of Man-based gambling software developer - Says it will redeem the remaining EUR150 million of its EUR350 million bond on June 2, following the completion of its sale of Italy-facing omnichannel operator Snaitech. The firm will repay the balance of its senior secured notes ahead of the bond's original March 2026 maturity. The redemption will be funded using proceeds from the Snaitech disposal, which completed on April 30. Read More
(Alliance News) - Playtech PLC on Wednesday said it has completed the sale of Snaitech Spa to Flutter Entertainment PLC for EUR2.30 billion. Read More
Playtech PLC - Isle of Man-based gambling software developer - Appoints John Gleasure as a non-executive director and chair-designate, succeeding Brian Mattingley as chair following the company's annual general meeting in May. Read More
Playtech PLC - Isle of Man-based gambling software developer - Says sale of Italian consumer betting operation Snaitech Spa to Flutter Entertainment PLC is expected to complete at the end of April, having now received all regulatory approvals. Playtech previously had said it planned to return EUR1.7 billion to EUR1.8 billion from the EUR2.3 billion disposal to shareholders by way of a special dividend. Late Wednesday, it said this will mean EUR5.73 per share, about GBP4.90, which it expects to pay in June. Playtech says the completion of the sale of Snaitech allows it to focus on its business-to-business technology offering. Read More
Flutter Entertainment PLC - Dublin based bookmaker which owns Betfair and Paddy Power - Receives all necessary regulatory approvals for its acquisition of Italian channel operator Snaitech Spa, from a subsidiary of Playtech PLC for a total enterprise value of EUR2.3 billion. The sale is expected to complete by the end of April, and Flutter will provide a further update in its first-quarter results on May 7. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Playtech PLC on Thursday said the sale of Snaitech was on track for the second quarter of 2025, as it reported a modest increase in annual sales. Read More
(Alliance News) - London is called to open lower on Thursday, as the market digests the latest US tariff targeting the automobile industry, and ahead of UK Prime Minister Keir Starmer's appearance at a summit in Paris on Ukraine ceasefire talks. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Playtech PLC on Wednesday said that Chair Brian Mattingley will step down from his role and leave the board after having overseen a period of significant transformation at the company. Read More
(Alliance News) - Playtech PLC on Friday said it will now redeem a chunk of outstanding bonds earlier than planned "given the current strength of its balance sheet". Read More