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

PLAYTECH

(PTEC)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 12/01 11:30:00 am
387.85 GBX   +1.00%
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Playtech : Alea to expand its Live Casino portfolio with Playtech content

05/18/2020 | 08:26am EST

Playtech and Alea have announced a new partnership, dedicated to providing operators with the best Live Casino content and players with a premium gameplay experience.

The new partnership will allow Alea to expand its Live Casino portfolio with premium Playtech content, as well as delivering access to Playtech's industry-leading player engagement tools. With Playtech's Engagement Centre, operators can build tailored and personalised journeys to communicate with players as effectively as possible, through tools such as in-game messaging and push notification.

Alea's co-founder Alexandre Tomic said, 'Playtech Live Casino are a real pillar of the online casino industry and will make a valuable addition to our portfolio. We are delighted to be able to offer their Live games to our players.'

Kevin Kilminster, Head of Innovation for Live Casino at Playtech, said, 'We are very pleased to be working with Alea and to be bringing our range of Live Casino games to such a wide audience. Live Casino is about more than just the games themselves - it's about creating a truly immersive experience, and that's what we want to deliver for SlotsMillion players. The last 12 months has been our busiest ever in terms of new game releases, and we're confident that SlotsMillion players will enjoy experiencing some of our most innovative, engaging content yet.'

About Slotsmillion:

ALEA was founded back in 2012 with the aim of creating a world-class online casino experience and to design and develop new technologies and innovations to drive player engagement and take online casino to the next level. SlotsMillion is their flagship B2C brand.

www.alea.com

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.

Disclaimer

Playtech plc published this content on 18 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2020 12:25:01 UTC


© Publicnow 2020
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Financials
Sales 2020 1 279 M 1 541 M 1 541 M
Net income 2020 19,2 M 23,1 M 23,1 M
Net Debt 2020 710 M 855 M 855 M
P/E ratio 2020 69,4x
Yield 2020 -
Capitalization 1 271 M 1 518 M 1 531 M
EV / Sales 2020 1,55x
EV / Sales 2021 1,24x
Nbr of Employees 6 400
Free-Float 96,3%
Chart PLAYTECH
Duration : Period :
Playtech Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PLAYTECH
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 4,02 €
Last Close Price 4,29 €
Spread / Highest target 14,4%
Spread / Average Target -6,21%
Spread / Lowest Target -24,8%
EPS Revisions
Managers
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
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