Previous Close | 14.54 |
Open | 14.54 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 14.54 - 14.54 |
52 Week Range | 8.00 - 16.49 |
Volume | |
Avg. Volume | 1 |
Market Cap | 2.325B |
Beta (5Y Monthly) | 1.34 |
PE Ratio (TTM) | 51.93 |
EPS (TTM) | 0.28 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Apr 30, 2020 |
1y Target Est | N/A |
Half Year 2022 Playtech PLC Earnings Call
Playtech currently receives a fee for the software and services it provides to Caliplay and has an option agreement with parent Caliente to buy 49% of the unit plus a right to buy new shares in the new vehicle, should Caliplay be bought out. London-listed Playtech said it was exploring other alternatives. "Both parties (Playtech and Caliente) also continue to have discussion with the SPAC (special purpose acquisition company) and its associates regarding this alternative opportunity," Playtech said.
The finance firm said it is no longer interested in making an offer, months after first approaching management.
A Hong Kong based investor abandoned its plans for a takeover bid for UK gambling software provider Playtech on Thursday, blaming challenging market conditions, sending its shares tumbling more than 18%. Investment and advisory firm TTB Partners, Playtech's third-largest shareholder, had made a takeover approach on behalf of an unnamed investor group but said it would not make an offer. Playtech, which says it is the world's largest supplier of online gambling and sports betting software, had attracted a takeover interest since early this year as companies look to capitalise on a boom in online betting set off by the pandemic.
A Hong Kong based investor abandoned its plans for a takeover bid for UK gambling software provider Playtech on Thursday, blaming challenging market conditions, sending its shares tumbling more than 18%. Investment and advisory firm TTB Partners, Playtech's third-largest shareholder, had made a takeover approach on behalf of an unnamed investor group but said it would not make an offer. Playtech, which says it is the world's largest supplier of online gambling and sports betting software, had attracted a takeover interest since early this year as companies look to capitalise on a boom in online betting set off by the pandemic.