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    PTEC   IM00B7S9G985

PLAYTECH PLC

(PTEC)
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Delayed Quote. Delayed London Stock Exchange - 11/30 11:35:24 am
746 GBX   +0.13%
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Playtech : signs multi-state agreement in U.S. with Unibet Interactive

09/30/2021 | 04:32am EST

London, 30 September 2021 - Playtech, the world's leading gambling technology company, today announces the signing of a multi-state agreement with Unibet Interactive, a part of Kindred Group. Under the agreement, Playtech will provide its award-winning RNG Casino software to Unibet in New Jersey, with further states to follow in the coming months.

The partnership with Unibet Interactive is the next step in Playtech's strategic expansion in the U.S. market. Unibet has established a market-leading product offering to its customers in New Jersey, which will be further bolstered by a range of Playtech's best-performing RNG Casino software.

Shimon Akad, Playtech Chief Operating Officer, said: "We are delighted to announce this exciting step in Playtech's U.S. growth. Unibet deliver a fantastic entertainment experience to their U.S. customers, and we are proud to partner with them to deliver Playtech's Casino software as part of their market leading offering - starting in New Jersey. Playtech continues to partner with the leading operators in New Jersey to bring its industry leading Casino software to the U.S. market and we look forward to continuing to expand into new States'.

Manuel Stan, SVP Kindred Group US, commented: "To add Playtech Casino software to our portfolio in New Jersey is very exciting. Partnering with Playtech enables us to offer our online casino customers a selection of some of the best quality content, and we look forward to further collaboration with Playtech across more U.S. states in the future."

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a market leader in the gambling and financial trading industries with c.6,400 employees across 24 countries.

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. Playtech directly owns and operates Snaitech, the leading sports betting and gaming company in online and retail in Italy.

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

www.playtech.com

For further information please contact:

Playtech plc

Virginia Knox-Walker, Senior PR and Communications Manager

c/o Headland Consultancy

Headland Consultancy

Tom James, Jack Gault

+44 (0)20 3805 4822

Disclaimer

Playtech plc published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 08:31:08 UTC.


© Publicnow 2021
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Financials
Sales 2021 1 158 M 1 312 M 1 312 M
Net income 2021 8,27 M 9,37 M 9,37 M
Net Debt 2021 572 M 648 M 648 M
P/E ratio 2021 198x
Yield 2021 0,29%
Capitalization 2 609 M 2 945 M 2 958 M
EV / Sales 2021 2,75x
EV / Sales 2022 2,26x
Nbr of Employees 7 000
Free-Float 66,0%
Chart PLAYTECH PLC
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Playtech plc Technical Analysis Chart | PTEC | IM00B7S9G985 | MarketScreener
Technical analysis trends PLAYTECH PLC
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 8,75 €
Average target price 7,24 €
Spread / Average Target -17,3%
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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