Gambling Clear News
MGM Resorts has partnered with Playtech for a live casino offering that will stream directly from the MGM Grand and Bellagio properties in Las Vegas. The MGM Live games, which include single and double-zero roulette and baccarat, will be available to operators in regulated markets outside of the US, Playtech said. Speaking to iGaming Business, Playtech COO Shimon
Playtech has extended a strategic partnership between its Playtech Software Limited and the NorthStar Ontario subsidiary of NorthStar Gaming Holdings and agreed to advance CA$3.0m (£1.8m/€2.1m/US$2.2m) in short-term financing to the latter. Signed in June last year, the strategic marketing agreement aims to accelerate the NorthStar player acquisition strategy in Ontario. The initial agreement resulted
Playtech is set to outperform market expectations this year thanks to record earnings in H1 driven by success in high-growth regions such as the US and Latin America. In a trading update for the six-month period to 30 June 2023, the gambling technology group said revenue was up 8% year-on-year to €859.6m. Within this, its
Following last week’s announcement that Playtech had priced €300m 5.8% senior secured notes due 2028, the gaming technology provider officially closed the deal today (28 June). On 21 June, Playtech announced that it had priced the bond offering. It detailed that the net proceeds from the issuance of the new notes would go towards redeeming
Gaming technology provider Playtech is to expand its poker presence though a new deal with Swedish state-owned gambling business Svenska Spel Sport & Casino. Svenska Spel has launched Playtech’s poker offering and ipoker network. This is part of the operator’s strategy to “modernise and improve” its poker product. The updated offering brings a number of
