Playtech Share Discussion Threads

[shaker44] 02/7/2018 08:33

well guys, big over reaction and buying opportunity, or falling knife?
looks to me as though they have hung all the dirty washing, and the upside much greater than downside. but I feel wary...
You there trentendboy? words from the sage please....

[bor491] 02/7/2018 08:27

that was harsh...

meanwhile plus500 (a company which playtech owns a 10% (?) interest in) issued a healthy trading update hxxps://www.leaprate.com/forex/brokers/plus500-strong-q2-2018-activity-trump-tariffs/
a market cap of 1.89 billion for plus would seem to net playtech 189 million...

I can't seem to understand playtech Asian's business... could someone help explain that!?

The stock price might go a bit lower from here after this savage markdown by the market but I can't help feeling it will in time recover...

'I can’t see where any improvement is going to come from.'

The USA market has huge potential and finally sports is getting liberalized there. And lest one forgets playtech has most of the big brands as clients.

[brexitplus] 02/7/2018 08:25

I got out at 770p with a big profit in my SIPP and small loss in my ISA. I can’t see where any improvement is going to come from.

[citytrader66] 02/7/2018 08:24

you'll be lucky.. expect these to drop much more if 575p breaks..

450p anyone?

[eastbourne1982] 02/7/2018 07:35

Profit warning, expect these to drop 15 - 20% today.

[nod] 28/6/2018 00:25

What will happen when European clubs play in Italy?Plenty of clubs have gambling sponsors.

[nod] 28/6/2018 00:22

I agree with LeoVegas that a ban in the extreme form proposed will lead to a surge in advertising by unlicensed operators outside of Italy."LeoVegas encouraged the coalition to "revise" its proposal to address the serious issue of problem gambling "without populist slogans and action." LeoVegas warned that the ad ban won't achieve a significant reduction in problem gambling activity, as it will lead to a surge in advertising by gambling operators not holding Italian licenses.Ironically, the coalition's decree arrived on the 20th anniversary of Italy legalizing sports betting for the first time, which coincided with the 1998 FIFA World Cup tournament in France. Prior to that date, Italian punters' legal wagering options were limited to the ponies and lotteries.

[dennislevine] 27/6/2018 17:38

Italian Govt seems to be moving ahead with advertising & sponsorship ban

hxxps://calvinayre.com/2018/06/27/business/italy-advertising-ban-january-2019/

[nod] 23/6/2018 03:37

The share price is about the same as three years ago. We get 4% dividend so are slightly better off than having the cash in a Natwest term deposit account. I don't spend my time tracking my savings accounts though.

[shaker44] 23/6/2018 03:16

thanks Nod. well spotted.
buzz bingo much more 2018 than gala. reminds me of stale pie!!

[nod] 23/6/2018 00:57

London-listed gaming solutions giant Playtech has been named the exclusive bingo and casino platform and content supplier for the UK's largest retail bingo operator, Gala Leisure.The operator is to roll out the Playtech ONE omni-channel solution as it rebrands its Gala Bingo clubs as Buzz Bingo. This rebranding is to be followed by the launch of an iGaming site to complement its retail offering.This will see the supplier's single account and single wallet solution launched for customers, supported by the IMS player management system. Playtech will also launch its best-performing bingo and slots on for Buzz Bingo's Electronic Bingo Terminals.By 2019 the full omni-channel solution will be live, allowing Buzz Bingo customers to play online and in-venue from a single account, as well as using their accounts to order food and drinks.http://www.gamingintelligence.com/business/47954-playtech-seals-omni-channel-supply-deal-with-gala-leisure

[shaker44] 22/6/2018 13:00

I have a feeling Kenny @ gvc would have structured the deal differently. factored in legislative downside and/or made total cost future earnings related to a large extent. seems ptec board were naive.
but now, we are where we are....
lets hope they can make it work

[nod] 22/6/2018 11:11

The Italian takeover is all happening very quickly. I hope they are not laughing up their sleeves :)"The acceptance period for the Mandatory Takeover Offer (the "Acceptance Period") will start at 8:30 am (CEST) on 26 June 2018 and will end at 5:30 pm (CEST) on 23 July 2018. The consideration, equal to Euro 2.19 per share tendered in the Offer (the "Consideration") will be paid to the tendering shareholders on 30 July 2018 (the "Payment Date")."

[nod] 20/6/2018 11:37

Betfred is confident to expand its terminals in retail outlets

Playtech BGT adds 250 terminals to Betfred deal
18 June 2018
Omni-channel sports betting solutions Playtech BGT Sports (PBS) has strengthened its partnership with Betfred with the addition of 250 widescreen terminals to its network of retail outlets.

The agreement, which takes its total to more than 3000 terminals across 1700 shops, will see the widescreen additions installed in time for the new football season.

The extension of the successful partnership reflects the continuing customer demand for self-service products in-shop, delivering a digital experience that provides them with all the latest sporting events and information at their fingertips.

[shaker44] 20/6/2018 11:13

we are missing teddi's sure touch now I think

[brexitplus] 20/6/2018 10:02

Have sold out in both my ISA and SIPP(at a big profit). Too many uncertainties and poor share price performance. Reinvested in Syncona and Melrose.

[trentendboy] 20/6/2018 09:36

The new government could really screw PTEC if they ban advertising and put strict limits on the machines (that is where the big profits come from).

Could be a perfectly badly timed deal - hope is the new coalition fails or cannot manage to sort out the regulation

[nod] 20/6/2018 09:08

Morgan Stanley may not have sold 15m. All we know is they went below 3%. Some of their shares may still be on offer or they may continue holding below 3% or they may be trading given the uncertainty around the sector. I'm not sure the Italian purchase was the best use of cash. I hope PTEC thoroughly understands the Italy risks.

[argylerich] 20/6/2018 08:20

If Morgan Stanley are clearing out, it still leaves them with a 1.4m rump to dispose of.
The bigger question now, who bought the 15m??

Edited to add the 10m I missed with a slim finger

[nod] 19/6/2018 19:49

Morgan Stanley was a big seller.

[argylerich] 18/6/2018 14:57

18 Jun Playtech Ltd Credit Suisse Outperform Reiterates

[argylerich] 15/6/2018 13:09

Only really 5 possibilities as to who the seller could be:

T. Rowe Price International Ltd. 31,536,083 9.94%
Teddy Sagi 20,082,169 6.33%
Fidelity Management & Research Co. 17,207,607 5.42%
Morgan Stanley Securities Ltd. (Market-Maker) 16,391,351 5.17%
PAR Capital Management, Inc. 16,000,000 5.04%

[dennislevine] 15/6/2018 11:37

This might also be a factor, higher online gambling tax to come in from April 2019 - earlier than many had expected

hxxps://www.thetimes.co.uk/edition/news/bookies-won-t-have-to-curb-fixed-odds-stakes-for-two-years-jfj58zwxr


FT Markets Live, apparently someone has sold / placed 15m shares at 778p

[slaccs] 15/6/2018 10:38

dennislevine - Much obliged for the info. Bought in on Monday so lousy timing

[sailing john] 15/6/2018 09:03

I've exited until the dust settles.
GL - SJ