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

PLAYTECH

(PTEC)
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Playtech : launches new Rubik's® Cube slot

12/03/2020 | 05:01am EST

London, 03 December 2020 - Playtech, the world's leading gambling technology company, has launched a new slot based on one of the world's most iconic puzzle games, Rubik's® Cube as a limited exclusive with Buzz Bingo.

Bringing a new twist to the retro favourite, Rubik's® Cube features striking 3D graphics and a compelling Sticky Wilds mechanic - plus, a built-in modifier that unlocks a choice of six different Free Games modes, including the chance for the players to choose volatility.

Building on the puzzle theme of the game, Buzz Bingo is supporting its exclusivity period with a specially designed, mini-game, evoking the retro feel of the Rubik's® brand and bringing it to life for a new generation of players.

James Frendo, Director of Casino at Playtech, comments: 'Some brands and themes are truly timeless, and few more so than the iconic Rubik's® Cube. This legendary puzzle has fascinated players worldwide for over 40 years, so it's very exciting to be bringing the spirit of the cube to a brand new slot game. Thanks to our game modifiers technology, operators can unlock six different free game modes, making this a truly innovative twist on a classic.'

David Evans, Digital Operations Director at Buzz Bingo, adds: 'Millions worldwide have grown up with Rubik's® Cube, so for our exclusive launch of the new slot, we really wanted to capture the spirit of what must be the most famous puzzle on the planet. Our specially designed mini-game gives a flavour of both the classic brand and the new slot, and we're confident players will love both ways to play.'

Christoph Bettin, Global CEO at Rubik's®, adds: 'We've worked very closely with Playtech to bring the legendary Rubik's® Cube to life in this new slot game, and are delighted with the results. Innovation is what has drawn puzzle fans to our brand for over 40 years, so it's fantastic to see that spirit come through in the Rubik's® Cube slot.'

Rubik's® Cube slot game is now available network wide.

About Buzz Bingo
Buzz Bingo is the UK's largest omni-channel bingo operator.
Buzz Bingo's cross-generational community numbers over 1.1 million active club members and each week our 91 clubs welcome more than 150,000 players through their doors to enjoy bingo, play slots games and experience a great night out. Members win an average of £3.9 million per week in Club with £400,000 a week won online. With the game enjoying renewed popularity amongst new, younger players, the brand is well-positioned to get the British public to fall in love with bingo.
buzzbingo.com captures the in club feeling of playing among friends, allowing people to play together, anywhere via their mobile, tablet, desktop or on Touchpads in all clubs. Much like in club, buzzbingo.com is proud of its responsible play ethos and unlike most gaming websites, there are no wagering requirements at buzzbingo.com so players can withdraw their winnings instantly from any cash or bonus stakes.
Backed by Caledonia Investments plc, award-winning Buzz Bingo runs its clubs and website from its Nottingham and London headquarters.
NB. Buzz Bingo rebranded from Gala Leisure Ltd in May 2018 following the sale of Ladbrokes Coral Group Plc's retail clubs to Caledonia Investments plc in December 2015

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.
www.playtech.com

For further information please contact:

Playtech plc
James Newman, Director of Corporate Affairs

Headland Consultancy
Tom James, Jack Gault c/o Headland Consultancy
+44 (0)20 3805 4822

Disclaimer

Playtech plc published this content on 03 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2020 10:00:01 UTC


© Publicnow 2020
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Sales 2020 1 245 M 1 515 M 1 515 M
Net income 2020 24,6 M 29,9 M 29,9 M
Net Debt 2020 660 M 804 M 804 M
P/E ratio 2020 69,2x
Yield 2020 -
Capitalization 1 622 M 1 973 M 1 974 M
EV / Sales 2020 1,83x
EV / Sales 2021 1,59x
Nbr of Employees 6 400
Free-Float 96,3%
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Number of Analysts 7
Average target price 5,17 €
Last Close Price 5,45 €
Spread / Highest target 16,1%
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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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