Log in
E-mail
Password
Show 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
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Playtech plc
  6. News
  7. Summary
    PTEC   IM00B7S9G985

PLAYTECH PLC

(PTEC)
  Report
Delayed Quote. Delayed London Stock Exchange - 09/24 11:35:18 am
448 GBX   +0.22%
09/23PLAYTECH : 2021 Half year results presentation
PU
09/23PLAYTECH : 2021 Half year results report
PU
09/23PLAYTECH : H1 Profit Soars Amid Gains on Derivative Financial Assets
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Playtech : Update on COVID-19 impact on Snaitech business

03/09/2020 | 11:48am EDT
Regulatory Story
Go to market news section
Playtech PLC - PTEC
Update on COVID-19 impact on Snaitech business
Released 16:45 09-Mar-2020



RNS Number : 4881F
Playtech PLC
09 March 2020

Playtech plc

('Playtech' or the 'Company')

Update on COVID-19 impact on Snaitech business

At the Company's Full Year Results on 27 February Playtech plc ('Playtech') outlined that its Italian business, Snaitech, had experienced a strong start to 2020 but had seen a recent impact due to the outbreak of COVID-19.

Following the decree from the Italian Government issued on 8 March 2020, Playtech is providing the following update on its Snaitech operations in Italy. As part of the decree all betting shops, arcades and bingo halls across Italy will be closed until 3 April 2020 and accordingly all Snaitech retail shops are now closed. Snaitech's online activity will continue and may prove to mitigate some of the impact.

In addition, an increase in market volatility has led to a very strong performance within TradeTech year-to-date.

Playtech continues to monitor the situation closely and will provide updates as appropriate.

- Ends -

For further information please contact:

Playtech plc

Chris McGinnis, Director of Investor Relations & Strategic Analysis

James Newman, Director of Corporate Affairs

+44 (0) 16 2464 5954


Headland (PR adviser to Playtech)

Lucy Legh, Stephen Malthouse

+44 (0) 20 3805 4822


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 a leading sports betting and gaming brand in online and retail in Italy, Snai.

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

Playtech has in total c.6,000 employees across 21 countries and is headquartered in the Isle of Man.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDUPUMAWUPUGAB
Close
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
©2014London Stock Exchange plc. All rights reserved



Update on COVID-19 impact on Snaitech business - RNS

Disclaimer

Playtech plc published this content on 09 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2020 16:47:00 UTC


ę Publicnow 2020
All news about PLAYTECH PLC
09/23PLAYTECH : 2021 Half year results presentation
PU
09/23PLAYTECH : 2021 Half year results report
PU
09/23PLAYTECH : H1 Profit Soars Amid Gains on Derivative Financial Assets
MT
09/23PLAYTECH : Earnings Flash (PTEC.L) PLAYTECH Reports H1 EPS EUR132.2
MT
09/23PLAYTECH : Earnings Flash (PTEC.L) PLAYTECH Reports H1 Revenue EUR457.4M
MT
09/23Playtech plc Reports Earnings Results for the Half Year Ended June 30, 2021
CI
09/22MARKETMIND : Some relief - but how long will it last?
RE
09/17Playtech plc Announces Board & Committee Changes
CI
08/18PLAYTECH : investors reject Finalto sale to consortium led by Barinboim
RE
08/18Playtech Announces Updates on General Meeting and Finalto
CI
More news
Analyst Recommendations on PLAYTECH PLC
More recommendations
Financials
Sales 2021 1 166 M 1 366 M 1 366 M
Net income 2021 9,90 M 11,6 M 11,6 M
Net Debt 2021 606 M 711 M 711 M
P/E ratio 2021 74,4x
Yield 2021 -
Capitalization 1 558 M 1 826 M 1 825 M
EV / Sales 2021 1,86x
EV / Sales 2022 1,47x
Nbr of Employees 7 000
Free-Float 91,1%
Chart PLAYTECH PLC
Duration : Period :
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 5,22 €
Average target price 6,06 €
Spread / Average Target 16,0%
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
Sector and Competitors
1st jan.Capi. (M$)
PLAYTECH PLC11.64%1 826
FLUTTER ENTERTAINMENT PLC7.97%36 948
EVOLUTION AB77.48%36 788
CAESARS ENTERTAINMENT, INC.51.27%23 979
GALAXY ENTERTAINMENT GROUP LIMITED-33.20%22 492
ARISTOCRAT LEISURE LIMITED49.65%21 467