Tag: bet365

paysafe skrill neteller buyout
August 05, 2017 BY LeapRate Staff

Skrill and NETELLER go private: Paysafe agrees to $3.9 billion buyout offer from Blackstone and CVC

Continuing the rapid consolidation and M&A activity sweeping the online payments business, the board of Paysafe Group Plc (LON:PAYS) has decided to recommend a £2.96 billion (USD $3.9 billion) buyout of the company by private equity fund groups Blackstone Group LP (NYSE:BX) and CVC Capital Partners. The Paysafe Board was initially approached by the consortium in early…

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January 12, 2017 BY LeapRate Staff

Paysafe shrugs off bet365-China concerns to report Revenue and EBITDA ahead of expectations for 2016

Payments services company Paysafe Group Plc (LON:PAYS) issued a fairly rosy Trading Update ahead of the release of full 2016 year results. Paysafe’s brand portfolio includes NETELLER and Skrill, MeritCard, paysafecard, payolution, Income Access and FANS Entertainment. Overall, Paysafe expects to surpass the $1 billion annual revenue milestone for FY 2016, with FY revenue and EBITDA expected…

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December 27, 2016 BY LeapRate Staff

Paysafe Group begins share buyback with £1.5 million of purchases

LeapRate Exclusive... LeapRate has learned via regulatory filings that payments services company Paysafe Group Plc (LON:PAYS) has spent £1.5 million in the first week of its recently announced £100 million share buyback program. Paysafe shares traded down by as much as 38% earlier this month following the release of a damaging report by little-known short…

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December 20, 2016 BY Valentina Kirilova

Paysafe Group to start share buyback programme

Payments services company Paysafe Group plc (LON:PAYS) today announced that it intends to commence an inaugural share buyback programme of up to £100 million. The Paysafe buyback comes to counteract a large drop in Paysafe's share price, following a negative report issued by short seller Spotlight Research on the company's connection to illegal gaming out…

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September 16, 2016 BY Valentina Kirilova

Playtech provides first native app to bet365, speed 3x HTML5

bet365 has become the first operator to go live with Playtech’s new native mobile casino application, offering instant gameplay and improved speed and performance across all iOS and Android devices. bet365 players can download and play games in seconds, with loading speeds up to three times faster than HTML5 equivalents, giving them instant access to…

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