CASINO WORLD NEWS Aristocrat Leisure makes $2.9 billion bid for online gambling provider Playtech 2 months ago Iwo Bulski Post Views: 160 Australia’s Aristocrat Leisure Ltd said on Monday it will buy gaming software supplier Playtech Plc for 2.1 billion pounds (US$2.89 billion), offering new growth areas for the gambling machine maker including real money gaming. Shareholders of London-listed Playtech are being offered 680 pence per share, a 58.4% premium to the company’s closing price on Friday. Aristocrat said Playtech’s board and its largest shareholder with an about 21% stake have backed its offer. Playtech, however, was not immediately available for comment outside regular business hours. “The business will be ideally positioned to unlock sustainable shareholder value by seizing opportunities in the fast-growing global online RMG segment as they continue to open up, particularly in North America,” – Aristocrat Chief Executive Officer CEO Trevor Croker said. The Australian company said it will fund the deal with a A$1.3 billion ($964.21 million) equity raising, alongside new debt and existing cash. The company added that the deal will add to earnings from the first year onwards. Source: uk.news.yahoo.com Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: Aristocrat, Playtech, report Continue Reading Previous Greentube partners with Novoline in GermanyNext TVBET has got a record number of nominations for it at SBC Awards 2021 More Stories CASINO WORLD NEWS NOVOMATIC portfolio excelled at Gaming Industry Expo in Kiev 1 day ago Iwo Bulski CASINO GAMES Most Extreme Casino games 4 days ago Samuel CASINO WORLD NEWS Macao detains Suncity boss on China gambling charge 5 days ago Szarlot EXPERTS WORLD NEWS BtoBet to provide FanDuel with new Player Account Management Platform 5 days ago Szarlot ONLINE WORLD NEWS Review of Playtech Games Software In 2020 1 week ago Szarlot CASINO WORLD NEWS Merkur Gaming repeat performance in Ukraine 1 week ago Iwo Bulski BETTING WORLD NEWS BtoBet boosts its sportsbook offering with extensive coverage of horse racing 1 week ago Iwo Bulski CASINO NIGERIA How Nigerian hospitality industry is embracing online casinos 1 week ago Szarlot ONLINE WORLD NEWS Wazdan set for West Virginia entry following licence awarding 1 week ago Iwo Bulski CASINO SOUTH AFRICA Banning worship but allowing gambling is discrimination 1 week ago Szarlot ONLINE WORLD NEWS Spinomenal enters Belarusian market 2 weeks ago Iwo Bulski CASINO GAMES Unique online casino games 2 weeks ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.