(Alliance News) - Playtech PLC on Thursday reported a rise in annual revenue but suffered a fall in profit, but it gave a confident outlook for 2023. Read More
(Alliance News) - Playtech PLC on Tuesday said it has agreed a partnership with Hard Rock Digital, with the online venture of Hard Rock Cafes to license Playtech's technology and iGaming content and Playtech to take a small equity stake in Hard Rock Digital. Read More
Playtech PLC - Isle of Man-based gambling software development company - Invests in NorthStar Gaming Inc, an Ontario-based online casino and sportsbook operator. Says the investment of CAD12.3 million, or about EUR8.4 million, has been made by way of a convertible debenture, which will convert into equity and warrants in connection with NorthStar's planned takeover of Baden Resources Inc. Read More
(Alliance News) - Playtech PLC on Monday said it is seeking a declaration from the English Courts for clarification on a point of disagreement with its strategic partner Caliplay. Read More
(Alliance News) - Stock prices in London opened the week lower on Monday, as renewed tensions between the US and China and revived interest rate fears dented risk appetite. Read More
(Alliance News) - Stocks in London were called lower on Monday, after a stronger-than-expected US jobs print on Friday that investors fear may provoke the hawks at the Federal Reserve. Read More
Playtech PLC - Isle of Man-based gambling software development company - Says it has continued to perform strongly since interim results were released in September. Now expects adjusted earnings before interest, tax, depreciation and amortisation for 2022 of at least EUR400 million, up 26% versus EUR317.1 million in 2021. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
Playtech PLC - Isle of Man-based gambling software - Says Chief Financial Officer Andrew Smith plans to step down on November 28. Says Chris McGinnis will succeed Andrew as CFO on the same date. Read More
(Alliance News) - Stock prices in Europe regained some poise going into Thursday afternoon, clawing back some recent losses ahead of September's US inflation reading. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
Playtech PLC - Isle of Man-based gambling software - Enters amended EUR277 million revolving credit facility until October 2025, with a further on-year extension option. The company has been reviewing its EUR530 million senior secured notes and its revolving credit facility, both of which mature in the fourth quarter of 2023. Also plans to redeem EUR330 million of the EUR350 million senior secured notes on November 16. Says this will be funded using current cash balance, with the amended revolving credit facility to remain undrawn. Expects this will result in cash interest savings of around EUR12 million in 2023. Adds that the remaining balance will be repaid at maturity, or sooner, taking annualised savings to EUR20 million. Read More
(Alliance News) - European markets suffered steep losses on Thursday, in a day dominated by central bank activity as monetary policymakers across the globe look to get a handle on inflation. Read More
(Alliance News) - Stocks in London were trading in the red at midday on Thursday after the Bank of England raised UK interest rates by half a percentage point to 2.25%. Read More
(Alliance News) - Playtech PLC on Thursday reported a significant decrease in profit, but said results were "ahead of expectations" due to large revenue growth. Read More
(Alliance News) - Stocks in London were trading in the red on Thursday morning as investors digested the latest interest rate hike from the US Federal Reserve and looked ahead to the Bank of England's own decision. Read More
(Alliance News) - Stocks in London are set to open lower on Thursday, ahead of a major interest rate decision by the Bank of England and a day after the US Federal Reserve settled for another three-quarter-point rate hike. Read More