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Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos , online poker rooms, online bingo games, online sports betting , scratch games, [ 2 ] mobile gaming, live dealer games and fixed-odds arcade games online.
Playtech, a European gambling software provider, is one of several firms using AI to try to suss out when a gambler is demonstrating signs of addiction or problematic play and intervene. Part of ...
Britain's Playtech said it has received a takeover approach from a group led by former Formula One boss Eddie Jordan, the third such interest in the gambling software maker, setting up a potential ...
Teddy Sagi (Hebrew: טדי שגיא; born November 14, 1971) is an Israeli billionaire businessman based in London and Dubai.Sagi is the founder of the gambling software company Playtech, cybersecurity company Kape Technologies and owner of London's Camden Market.
Under the terms of the deal, William Hill paid Playtech's founder Teddy Sagi £144.5 million for various assets and affiliate companies. [21] [22] These included several online casino sites which William Hill continues to run under the name WHG. Playtech took a 29% stake in the new William Hill Online entity. [14]
iPoker is an online poker network owned by Playtech. In 2014, it was ranked as the 10th largest online poker network in the world. [1] References
[17] [18] During this crisis, Plus500's management agreed to sell the company to Playtech, an online gambling company that was expanding into trading, for $703 million, roughly half its pre-freeze valuation. However, in November 2015, Playtech withdrew after failing to secure regulatory approval.
The online gambling industry has seen an increase of mergers and acquisitions in recent years. [1] This has been caused by a number of factors including saturation of the market, consolidation in fragmented markets, the repeal of PASPA in the U.S. [2] and a greater desire for economies of scale. [3] [4] Below is a list of notable deals.
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