Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Playtech    PTEC   IM00B7S9G985

PLAYTECH

(PTEC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Playtech : partners with win2day to launch Austria's new digital Bingo offering

11/16/2020 | 05:07am EST

London, 16 November 2020 - Playtech, the world's leading gambling technology company, today announces an agreement with Austrian Lotteries to offer a new online Bingo proposition via the win2day website.

Under the new agreement, the win2day site will feature a number of standard Bingo rooms, as well as standalone versions of popular Playtech Bingo Network brands. win2day will offer players in Austria variants including Age of the Gods Bingo, Housey Bingo and Lucky Numbers Bingo, and will also have the ability to schedule and use popular key features such as XTG.

In addition to its bespoke Bingo offering, win2day has carefully selected Playtech Bingo side game titles that have proven popular in the .COM Network. These will now be available as standalone games for Austrian players, including well-known titles such as Dynamite Digger, Fruity Burst and George and the Dragon.

Angus Nisbet, Director of Digital Bingo at Playtech, comments: 'Partnering with Austrian Lotteries to bring online Bingo to win2day players is a fantastic opportunity. We're very excited about the potential of the new Bingo offering in the Austrian market, and look forward to building a long, successful relationship with the win2day brand.'

Juergen Smutek, Head of Bingo at win2day adds; 'Bringing Bingo to the Austrian market has involved unique challenges, but Playtech has ensured we have the right set-up to offer the best standalone Bingo offering to our players - one that is both profitable and satisfies the requirements of our regulator. Working with a supplier as experienced as Playtech, which has built up a leading network in key markets such as the UK, has been a major boost. We look forward to bringing our players a fantastic range of new Bingo content and establishing it as an exciting vertical for our players.'

About win2day
win2day is the online gaming offer of Austrian Lotteries, holding the exclusive license to run electronic lotteries in Austria. win2day offers a complete range of games and sports betting on a single website. The offer ranges from classic lottery games to casino games including table, card and slot games plus a separate poker room and bingo room. In addition, a diverse sports betting program completes the offer.
User trust plays a decisive role for win2day. Security is the focus in the development and expansion of the offer, both in the processing of games and the pay-out of winnings, as well as in the area of data protection and privacy. Furthermore, numerous responsible gaming features prove that the issue of player and youth protection is taken very seriously.

About Playtech
Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries.

Playtech is the gambling industry's leading technology company, delivering business intelligence-driven gambling software, services, content and platform technology across the industry's most popular product verticals, including casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data-driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.

Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data-driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry's leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. As of June 2018, through the acquisition of Snaitech, Playtech directly owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai. Snaitech operates a B2B2C model as a service provider, allowing franchisees to utilise the Playtech technology stack in the retail environment while operating the leading brand, Snai, directly online as a B2C business.

Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2B and B2C basis.

Playtech has in total c.5,900 employees across 19 countries and is headquartered in the Isle of Man.

www.playtech.com

For further information please contact:

Playtech plc
James Newman, Director of Corporate Affairs

Headland Consultancy
Tom James, Jack Gault c/o Headland Consultancy

+44 (0)20 3805 4822

Disclaimer

Playtech plc published this content on 16 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2020 10:06:01 UTC


© Publicnow 2020
All news about PLAYTECH
01/25PLAYTECH : In Talks To Sell Financial Arm To Private Equity Consortium For Up To..
MT
01/25PLAYTECH : in talks to sell financial unit for $200 million
RE
01/12LONDON STOCK EXCHANGE : London's FTSE 100 drops on coronavirus cases, stronger p..
RE
01/12PLAYTECH : sees 2020 ahead of expectations as lockdowns boost gaming
RE
01/12PLAYTECH : Expects 2020 Adjusted EBITDA to Fall
MT
01/11Ladbrokes owner Entain CEO quits days after snubbing MGM approach
RE
2020PLAYTECH : Wplay launches Playtech technology platform in Colombia
PU
2020PLAYTECH : signs key IGT cross-licensing deal
PU
2020PLAYTECH : Results of General Meeting
PU
2020PLAYTECH : agrees Online Casino and VLT...
PU
More news
Financials
Sales 2020 1 242 M 1 505 M 1 505 M
Net income 2020 27,4 M 33,2 M 33,2 M
Net Debt 2020 638 M 774 M 774 M
P/E ratio 2020 62,4x
Yield 2020 -
Capitalization 1 620 M 1 964 M 1 964 M
EV / Sales 2020 1,82x
EV / Sales 2021 1,57x
Nbr of Employees 6 400
Free-Float 96,3%
Chart PLAYTECH
Duration : Period :
Playtech Technical Analysis Chart | PTEC | IM00B7S9G985 | MarketScreener
Technical analysis trends PLAYTECH
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 5,26 €
Last Close Price 5,45 €
Spread / Highest target 18,9%
Spread / Average Target -3,42%
Spread / Lowest Target -18,8%
EPS Revisions
Managers and Directors
NameTitle
Moran Weizer Chief Executive Officer & Executive Director
Shimon Akad Chief Operating Officer
Andrew James Smith Chief Financial Officer & Executive Director
John E. Jackson Senior Independent Non-Executive Director
Claire Milne Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PLAYTECH20.51%1 964
MICROSOFT CORPORATION1.59%1 735 361
SEA LIMITED14.89%116 895
ZOOM VIDEO COMMUNICATIONS, INC.16.16%114 371
ATLASSIAN CORPORATION PLC-1.19%57 586
DASSAULT SYSTÈMES SE0.90%53 149