Playtech shores up borrowings with EUR 350m notes issue
1st Mar 2019 11:01
(Sharecast News) - Playtech has successfully priced €350m (£300.57m) in 4.25% senior secured notes due 2026, it announced on Friday, with the new notes being assigned an issue rating of 'BB' by S&P and 'Ba2' by Moody's.
Read moreGVC signs long-term content deal with Playtech
27th Feb 2019 07:43
(Sharecast News) - Sports betting and gaming group GVC Holdings announced on Wednesday that it has signed an agreement with Playtech covering a new long-term commercial relationship between the two groups.
Read moreSnaitech acquisition drives revenue growth at Playtech
21st Feb 2019 08:37
(Sharecast News) - Playtech announced its results for the year ended 31 December on Thursday, reporting a 54% improvement revenue to €1.24bn, or 55% when measured at constant currency.
Read moreFTSE 250 movers: Galliford Try builds, Just Eat cools off
13th Feb 2019 14:44
(Sharecast News) - London's FTSE 250 climbed 0.85% to 18,984.09 on Wednesday, with Galliford Try surging as it reported a 4% increase in first-half pre-exceptional pre-tax profit and said full-year turnout is expected at the upper end of analysts' current range.
Read moreFTSE 250 movers: Contour charged up, TalkTalk dips lower
11th Feb 2019 14:35
(Sharecast News) - London's FTSE 250 was up 0.81% at 18,804.87 in afternoon trading on Monday, as power generation business Contour Global arced higher on a subdued day of trading for the index.
Read morePlaytech sees €20m-€25m hit bfrom Italy gambling tax
24th Dec 2018 07:24
(Sharecast News) - Online gaming company Playtech said new Italian gambling taxes would hit adjusted earnings before interest, tax, depreciation and amortisation by about €20m-€25m.
Read moreTuesday broker round-up
18th Dec 2018 13:51
(Sharecast News) - Intu Properties: Credit Suisse downgrades to underperform with a target price of 100p.
Read moreTuesday broker round-up
30th Oct 2018 13:15
(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.
Read moreMonday broker round-up
10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read morePlaytech offloads entire stake in Plus500
7th Sep 2018 07:32
(Sharecast News) - Playtech has sold around 11.4m shares in Plus500 - its entire stake - at 1,550p per share, realising gross proceeds of approximately £176m that will be used for general corporate purposes and debt reduction.
Read morePlaytech profits drop as Asian markets disappoint
23rd Aug 2018 07:38
(Sharecast News) - Playtech - which issued a profit warning back in July - posted a drop in interim earnings on Thursday but a rise in revenue as the gaming and casino software maker said Asian markets were increasingly competitive.
Read morePlaytech buys UK-focused gambling software specialist
7th Feb 2017 07:38
(ShareCast News) - Gambling software company Playtech has bought Australian supplier of online gaming slots software Eyecon for £50m, as part of its acquisition strategy to extend its reach in the gaming market. The £50m comprises of an initial payment of £25m on a cash and debt free basis, which re
Read morePlaytech sees FY in line; Ron Hoffman made CEO of financials division
10th Jan 2017 07:09
(ShareCast News) - Gaming software development company Playtech said it expects results for the full year 2016 to be in line with market views as it announced that chief financial officer Ron Hoffman will become chief executive officer of the group's financials division. Andrew Smith, the current he
Read morePlaytech announces share buyback programme
6th Dec 2016 10:40
(ShareCast News) - Gaming software development company Playtech has announced a share buyback programme of up to €50m. The group said the launch of the buyback programme reflects its "continued confidence in the growth and prospects of the business and its high cash generation". The purpose of the
Read moreFCA proposes stricter rules for CFDs and binary bets, IG and CMC plunge
6th Dec 2016 07:49
(ShareCast News) - The UK financial regulator is planning to clamp down on the sale by spread betting companies of contracts for difference (CFD) and binary bet products to less experienced traders, including limiting leverage and preventing companies from attracting customers with special bonus int
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