Playtech Share Discussion Threads

[mirabeau] 14/8/2024 09:50

liam

exactly, the only risk is if the deal doesn't get signed off

[babbler] 14/8/2024 09:50

Less than 0

[liam1om] 14/8/2024 09:48

And that's just the Italian arm, rest of the company is not included, so looks like rest of company valued at 0 at the the moment?

[tsmith2] 14/8/2024 09:47

interestingly they mention the 2bn.

[mirabeau] 14/8/2024 09:43

Playtech plc

('Playtech' or the 'Company')

Response to Media Speculation



Playtech notes the recent media speculation that it is in discussions with Flutter Entertainment plc ('Flutter') regarding the potential sale of the Snaitech business for a value that could be about £2 billion (the 'Transaction').



Playtech confirms it is in discussions with Flutter and has granted Flutter a period of exclusivity to complete due diligence and finalise the necessary Transaction documentation.



There can be no certainty that any Transaction regarding the potential sale of the Snaitech business will ultimately be agreed, or as to its terms. Further announcements will be made as and when appropriate.

[babbler] 14/8/2024 08:49

That would be huge

[liam1om] 14/8/2024 08:48

hxxps://news.sky.com/story/flutter-in-talks-to-place-2bn-bet-on-playtech-italian-arm-13196796

[the white house] 14/8/2024 08:38

Just added them trading halted, thought it was strong news via Flutter from Italy but now it MAY be a pre court deal with Caliente which was always likely OR interest from ???

[mirabeau] 14/8/2024 08:37

bid incoming?

[aishah] 14/8/2024 08:36

EXCLUSIVE: Flutter Entertainment, the owner of Paddy Power, is in detailed talks to buy Snaitech, the Italian consumer gambling arm of London-listed Playtech, for about £2bn - a deal worth more than Playtech’s entire current market capitalisation.

[the white house] 06/8/2024 13:51

Every time I reread the RNS re the collab with MGM I have to add. Either Playtech will get ever increasing income from MGM (& others following in) and/or Bill H will take Playtech over on his stated way to World expansion

[the white house] 26/7/2024 11:18

IGT, London base, NY list, gaming & digital business being bought out by Apollo for a robust 63pc premium.

[the white house] 24/7/2024 07:35

I see Caliente revenue at 7m at per month on overall 1600m pa. With other areas in US, Columbia & Italy etc all expanding robustly a 5pc ish issue should not be overstated, when there is decent momentum in many other areas that will reduce C importance even more. October is not far away & resolution one way or other MAY be sorted prior to avoid the courts. Not enough to put off someone looking at Playtech or Playtech looking at parts of William Hill, Rank or Ladbrokes businesses to further expansion desires (as we saw with the Italy bet co. bid)

[rimau1] 23/7/2024 09:41

No realistic prospect of action here until we sort out the Caliente mess

[the white house] 23/7/2024 09:37

Interesting appointment to Ladbrokes. New boss is an Aussie, decades of US gaming/software online experience and he is also ex Oz gaming software Aristocrat co. who failed in a bid here a couple years back. Likes a deal as much as Noel, so could be some more action in the sector

[the white house] 18/7/2024 13:24

Good read across for the biggest player in Italy, SNAI, from Evoke/William Hill who have said their Italy unit was up double digits in Q2.

[the white house] 15/7/2024 11:54

Decent runMonster upgrade to the website. V impressive in its depth and the growing list of partners is frighteningAdded

[niklol] 07/7/2024 06:44

Entain launches The Chase in partnership with Playtech and ITV

[blackhorse23] 28/6/2024 19:18

Strong buy for RNK [better change to capital gains] 4 brokers issued strong BUY

[bargainsniper] 21/6/2024 12:05

1.42bn mkt cap for a 450M ebitda business operating in key growth markets is simply too cheap

[bargainsniper] 21/6/2024 12:01

Yes Caliente is the fly in the ointmentMy bet is it will be resolved in due course, in which case immediate catalyst for re-rating

[rimau1] 21/6/2024 11:35

Agreed with the caveat being post #4826

[bargainsniper] 21/6/2024 11:25

Added moreToo cheap and will come good