Playtech Share Discussion Threads

[trentendboy] 15/3/2018 11:51

Surprising drop for some reason - still need more information

[noujay] 13/3/2018 14:52

This is still opportunity territory for me, it's markedly undervalued at anything less then £8. IMO obviously.

[nod] 08/3/2018 10:52

Yes, me too. I've done a lot of google searches but can't find what behind this. I can't find who won the Poker Stars contract or did Poker stars take it in-house. Poker Stars lost many of their star poker players on contract renewal, so it may have been a PS money issue. I know diddly squat about Poker Stars these days.

[trentendboy] 08/3/2018 10:21

Interesting. Would like to know more on marvel and the poker stars issue

[nod] 07/3/2018 21:07

The problems in 2017 seem to be encapsulated in the following two paragraphs. The continuing anxiety may relate to these issues and whether they will result in further losses in business during 2018. There was very strong growth in some areas, such as mobile casino. "This performance was achieved despite 2017 being an unusual year for headwinds faced, with so many combining including currencyheadwinds as well as issues in H2 in Asia and the expected loss of Marvel, certain Mobenga contracts and the contract with Poker Starsfor Poker Strategy. At Adjusted EBITDA level, currency alone provided a €14m headwind with total EBITDA headwinds totalling €60m. As discussed above, the Sun Bingo contract generated a significant adjusted EBITDA loss due to the levels of minimum guaranteespayable to News UK. Playtech is in discussions with News UK following a thorough analysis of the issues encountered with the contract."

[trentendboy] 07/3/2018 19:09

Surprising selloffMust be something else

[noujay] 07/3/2018 18:39

Thanks nod

[nod] 07/3/2018 17:53

Playtech supplies PPB with BGT Sports, Casino and as of this year Live Casino.PPB turnover up which is good for PTEC.

[ricer93] 07/3/2018 11:52

this is normal market noise!

[noujay] 07/3/2018 11:07

Is this down on PPBF results (not well received)? Do PTEC supply them?

[argylerich] 07/3/2018 08:48

Surely there should have been a corresponding RNS from whoever sold??

[trentendboy] 06/3/2018 19:50

Interesting.Any Sagi selling is good news in terms of long term price action but he is good you have to give him that

[nod] 06/3/2018 18:19

T Rowe Price Associates Doubles Stake In Playtech to 10.21%Where have they got the shares from? Is it Sagi?

[nod] 06/3/2018 05:11

This news article shows how complex the gaming business can be. I don't know how many companies are involved and six countries are mentioned. Playtech a key supplier.https://globenewswire.com/news-release/2018/03/05/1414796/0/en/LeoVegas-AB-Authentic-Gaming-signs-agreements-with-Playtech-and-Betsson-Group.html

[nod] 04/3/2018 09:23

The established big players like PTEC and GVC are bound to be granted licences in regulated markets as they have all the systems in place for regulation and reporting to regulators. They have proven track records. The ones left standing will pick up the business of the culled operators. In countries where the State wants to monopolise the gambling market there will be only one or two preferred suppliers. However, in these countries its possible the unauthorised operators will continue as they are.

[trentendboy] 04/3/2018 08:36

Very interesting article.Who will be the winners and losers from the grey market collapse if indeed that is what happensGrey will be about for a while but smaller players will struggle I suspect.PTEC and GVC who now have scale should be left once it shakes out but how profitable is the question

[nod] 04/3/2018 05:30

Here's a recent update on Sweden, which has 1 January 2019 as R day. PTEC again well-placed to gain extra revenue as the unlicensed operators get culled. PTEC has three Swedish registered companies, Mobenga, Aristocrat, and Quickspin.http://egr.global/intel/insight/sweden-regulation-and-the-end-of-the-grey-market/

[nod] 04/3/2018 05:01

The newly regulated Portugal and Poland are recent examples of where PTEC is very well-placed to win national contracts. In the case of Poland its an exclusive deal and also to provide services and marketing.https://www.playtech.com/news/playtech-wins-totalizator-sportowy-online-casino-contractLondon: March 1st, 2018 – Playtech, the world's leading Omni-channel gaming software, systems and services supplier, has been selected by Totalizator Sportowy, the Polish national lottery provider, to supply its industry-leading online casino platform, games portfolio and services. Playtech was awarded the exclusive contract with the 60-year-old state owned operator following a successful public tender process. Totalizator Sportowy's decision reflects Playtech's key strengths and unique appeal to large government-run organisations in regulated and newly regulated markets. The contract includes integrating Playtech's award-wining casino platform, best-performing games portfolio and supporting Totalizator Sportowy with its range of marketing and consultancy services.

[mozy123] 03/3/2018 13:40

regulation will prevent others entering the market and so playtech will take share with more regulation. all big business want regulation.

[trentendboy] 03/3/2018 06:52

Only the big boys will have the resources and skills to navigate the highly regulated landscapeMargins may hold up better than predicted imo

[shaker44] 03/3/2018 06:41

Thats a very good point Nod. Clearly not all unregulated is a risk, just a compliance challenge (which Playtech are up to)if regulations come in. I guess Ptec will support license holders to comply when/where necessary.

[nod] 03/3/2018 05:10

In one of the news items it mentions that Playtech was founded in Estonia and launched its first casino product in 2001. At that time there was little or no online gambling regulation in most countries. It's not that unregulated markets are a bad thing - it's where every market started. Some are ahead of others in updating their laws. Some have done little.

[nod] 02/3/2018 19:49

2017 was one of the more difficult years PTEC has had. Despite this we increased our cash pile by 10% to over eur 500 million.We received eur 15.4 million in dividends from Plus500 in addition to the unrealised capital gain. Our cash pile goes up every month. Our revenues go up. PTEC stated they were actively looking for acquisitions in Gaming.

[nod] 02/3/2018 09:06

Good news. PTEC wins the exclusive contract to Poland's newly regulated national provider. A lengthy tender process. Another example of how regulation favours PTEC. There are over 1,100 unauthorised operators in Poland to clean up.Confirming the Totalizator Sportowy deal, Playtech Group CEO Mor Weizer was pleased to welcome a further established tier1 regulated market operator to Playtech stables."Totalizator Sportowy has been supplying lottery and gambling products for more than 60 years and is the largest operator in Poland. We are thrilled to have been selected as its new online casino partner and I'm delighted to be able to announce this agreement today," Weizer stated.The Totalizator Sportowy agreement forms part of Playtech's 'local heroes' strategy to partner with the leading land-based brands and institutions in newly regulated online markets.