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    PTEC   IM00B7S9G985

PLAYTECH PLC

(PTEC)
  Report
Delayed Quote. Delayed London Stock Exchange - 09/21 11:35:21 am
433.6 GBX   +2.75%
09/17Playtech plc Announces Board & Committee Changes
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08/18PLAYTECH : investors reject Finalto sale to consortium led by Barinboim
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08/18Playtech Announces Updates on General Meeting and Finalto
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Playtech : Soft2Bet expands its gaming portfolio with industry leader Playtech

02/27/2020 | 12:27pm EDT

Soft2Bet expands its gaming portfolio with industry leader Playtech

Online gambling operator and platform provider Soft2Bet recently signed a deal with Playtech - the gambling industry's leading technology company.

The multi-brand portfolio of Soft2Bet consists of 14 unique online casinos and sportsbooks, each of which has its own atmosphere and features making them stand out from the rest of the websites in the entertainment sector. Players on Soft2Bet brands enjoy thousands top-quality casino games from more than 30 well-known industry providers and newly emerging studios, and will now have access to Playtech Casino games as well.

Soft2Bet will integrate the extensive Playtech portfolio across all of its brands including - various slots, and table and jackpot games. This will enrich and strengthen Soft2Bet brand offerings in the existing main markets and widen their reach to even more regions and clients!

Teodora Breskovska, Head of Casino at Soft2Bet, says: 'I am super excited to start this particular partnership. The deal with Playtech will give us access to over 100 premium quality slot games, which are top performers in our key markets. The offering will contain some of the most popular jackpot titles in the industry - the Age of Gods series, the DC Jackpot series and many others worth hundreds of thousands in prize money pots! Needless to say, our customers will have access to these huge prizes, which is without any doubt an amazing added value to our already well-polished offering!'

James Frendo, Director of Casino at Playtech, adds: 'We're very pleased to be working with Soft2Bet to bring some of most popular Casino games to a brand-new audience. Creating an unrivalled range of diverse, innovative content is a core part of Playtech's business vision - and with a carefully selected mix of branded titles original content and games backed by major jackpots, we're confident we can help Soft2Bet deliver an even richer, more varied experience for their players.'

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 safer 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 18 countries and is headquartered in the Isle of Man.

www.playtech.com

About Jackpot.com

Since its launch in 2016, Jackpot.com has become a world leader in the online lottery sector, with the goal of fundamentally changing the lottery experience through innovation and variety. Jackpot.com offers players an opportunity to bet on the outcomes of the biggest lotteries from around the world, including US Powerball, US MegaMillions, EuroJackpot, German Lotto, and more. In addition, Jackpot.com offers an enriched gaming experience through casino games, scratchcards, and instant win games.

In 2018, Jackpot.com enhanced its offering to include customer lotteries and new games based on its proprietary insured Random Number Generator (iRNG). The new technology enables customers to win huge jackpots, with the prizes backed by Jackpot.com's trusted insurance infrastructure, led by the top London Market (Lloyds) underwriters.

For further information please contact:

Playtech plc

James Newman, Director of Corporate Affairs

Headland Consultancy

Tom James c/o Headland Consultancy

+44 (0)20 3805 4822

Disclaimer

Playtech plc published this content on 27 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 February 2020 14:46:00 UTC


ę Publicnow 2020
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09/17Playtech plc Announces Board & Committee Changes
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Analyst Recommendations on PLAYTECH PLC
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Financials
Sales 2021 1 195 M 1 401 M 1 401 M
Net income 2021 9,37 M 11,0 M 11,0 M
Net Debt 2021 558 M 654 M 654 M
P/E ratio 2021 89,5x
Yield 2021 0,85%
Capitalization 1 290 M 1 761 M 1 513 M
EV / Sales 2021 1,55x
EV / Sales 2022 1,29x
Nbr of Employees 6 400
Free-Float 91,4%
Chart PLAYTECH PLC
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Playtech plc Technical Analysis Chart | PTEC | IM00B7S9G985 | MarketScreener
Technical analysis trends PLAYTECH PLC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 4,34 €
Average target price 6,01 €
Spread / Average Target 38,7%
EPS Revisions
Managers and Directors
Moran Weizer Chief Executive Officer & Executive Director
Andrew James Smith Chief Financial Officer & Executive Director
Brian Roger Mattingley Non-Executive Chairman
Shimon Akad Chief Operating Officer
Ian Ince Global Head-Regulatory Affairs & Compliance
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