Playtech CEO exercises options
28th Dec 2012 16:00
Mor Weizer, the Chief Executive Officer of AIM-listed online gaming software firm Playtech exercised options over 400,000 ordinary shares in the company on Thursday. The options were granted to him under the terms of the company's 2005 'Global Share Plan'. Playtech, which provides turnkey solution
Read morePlaytech selects new Finance Director from board - again
6th Dec 2012 08:11
Online gaming software company Playtech said it has accepted the resignation of David Mathewson as a director of the company and appointed Ron Hoffman, currently Vice-President of Finance, in his role as Group Finance Director. Both changes will be effective from December 31st. Mathewson's appoi
Read moreWilliam Hill closer to buying out Playtech
29th Nov 2012 08:05
William Hill came a step closer to buying out its online joint venture partner Playtech after formally triggering a valuation process for William Hill Online. The move is part of its right to exercise a call option over Playtech's 29% stake in the business. Playtech said it had received formal not
Read moreLondon close: 'Obama-rally' squashed by euro concerns
7th Nov 2012 16:46
- Footsie retreats from eight-month high after EC forecast - Fiscal cliff, Germany and Greece weigh on sentiment - Randgold loses 6.4 per cent after Q3 statement The 'Obama-rally' proved only temporary on Wednesday as concerns about the Eurozone crisis offset any optimism regarding the re-election
Read moreFTSE 250 movers: Spirax Sarco rises on sales increase
7th Nov 2012 14:55
Engineering group Spirax Sarco jumped after saying that organic sales increased six per cent in the four months to the end of October, ahead of the rate of growth reported in the first half. Online gaming software company Playtech was in demand after delivering impressive revenue growth in the thi
Read moreLondon midday: Footsie at eight-month high after Obama re-election
7th Nov 2012 11:22
- Footsie rises to eight-month high in intraday trade - Obama re-election sparks rise in metals prices - Randgold bucks the trend after disappointing Q3 Investors were in a bullish mood on Wednesday morning, celebrating the news that Barack Obama has been re-elected for another four years as Presid
Read moreWednesday broker round-up
7th Nov 2012 08:59
3Leg Resources: Jefferies keeps buy rating and 100p target AB Foods: Barclays Capital ups target from 1,375p to 1,475p, overweigh rating kept; Nomura ups target from 1,380p to 1,500p, buy rating kept. Aberdeen: UBS ups target from 340p to 370p, buy rating kept. Babcock: Jefferies ups target from
Read moreLondon open: Mining stocks gain after Obama re-election
7th Nov 2012 08:27
- Miners track metals higher as Obama re-elected - Randgold bucks trends after Q3 results - Pearson makes gains on FT sale rumours Mining stocks on Wednesday celebrated the news that Barack Obama has been re-elected as President of the United States, with hopes for further stimulus Stateside boosti
Read morePlaytech positive on prospects for business
7th Nov 2012 07:50
Online gaming software company Playtech has unveiled a positive third quarter update, delivering impressive revenue growth while saying that this trend has continued into the fourth quarter. For the three months ending September 30th, gross income was up 32% to €92.7m with total revenues up 30% to
Read moreBetclic Everest migrates French punters to Playtech platform
6th Nov 2012 09:05
Betclic Everest Group, the European sports betting and online gaming group, has joined the iPoker network powered by online gaming software specialist Playtech. Betclic Everest Group's Betclic and Everest poker products in France and international markets are now available on ipoker.fr and ipoker.c
Read moreFriday broker round-up
2nd Nov 2012 08:18
Associated British Foods: Panmure Gordon keeps hold rating and 1,300p target. Balfour Beatty: Goldman Sachs downgrades to neutral, target cut from 330p to 322p. BG Group: Deutsche Bank downgrades to hold, target cut from 1,700p to 1,350p; Liberum Capital downgrades to hold. British Sky Broadcasti
Read moreWilliam Hill unseats boss of online division
19th Oct 2012 08:23
William Hill has got the bean counters in as it ponders whether to exercise its right to buy up gaming software firm Playtech's minority stake in the William Hill Online (WHO) business. The group, which is already running the rule over online sports bookie Sportingbet, expects to make a decision by
Read moreMonday broker round-up
10th Sep 2012 09:13
Barclays: UBS raises target from 205p to 235p, buy rating unchanged. Chariot Oil & Gas: Peel Hunt downgrades to sell, target cut from 150p to 40p; Merchant Securities downgrades to sell, target cut from 232p to 29p. Debenhams: Seymour Pierce raises target from 80p to 100p, hold rating kept. Euras
Read morePlaytech cashes in during first half
30th Aug 2012 11:22
Gambling software specialist Playtech reported higher earnings than expected on strong demand for online bingo products and casino games. The company, which creates online software platforms for the like of Paddy Power and Gala, posted adjusted earnings before interest, tax, depreciation and amort
Read moreThursday preview; Jackson Hole, lending data, Hays
29th Aug 2012 17:11
The Economic Symposium at Jackson Hole held by the Federal Reserve Bank of Kansas City kicks off on Thursday, although it won't be until Friday that the star turn, Ben Bernanke, makes his speech. The Bank of England publishes money and credit data for July. Barclays Capital expects net mortgage le
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