Playtech reports improvement in both Markets.com and CFH Group forex divisions LeapRate

May 17, 2017 BY Valentina Kirilova

Playtech reports improvement in both Markets.com and CFH Group forex divisions

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) is today hosting its Annual General Meeting at which its Chairman Alan Jackson will make the following statement: I am delighted to say that Playtech is delivering a strong performance in 2017 driven by organic growth and recent strategic acquisitions. Growth in daily average revenues…

March 15, 2017 BY LeapRate Staff

Teddy Sagi cashes in $138 million of Playtech shares to fund run by ex Goldman Sachs bankers

It looks like someone is making a big bet on Playtech. Online entrepreneur Teddy Sagi has indicated in filings with the London Stock Exchange that he has sold 13 million shares of publicly traded Playtech PLC (LON:PTEC) to the UK arm of Paris based asset manager Boussard & Gavaudan for £113.4 million (USD $138 million). The stake represents about…

February 23, 2017 BY LeapRate Staff

Markets.com sees improved 2H-2016 results after restructuring, parent Playtech revenues up 12%

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) has announced its results for 2016, which showed significant improvement across the board in Revenues (up 12% over 2015), EBITDA (up 20%) and Net Profit (up a tidy 42%). The second half of 2016 also saw a nice turnaround, or at least a stabilization, at…

January 23, 2017 BY LeapRate Staff

Markets.com email to clients on CySEC Forex and CFD broker rule changes: leverage, bonuses, and more

Retail forex broker Markets.com, which operates under the regulatory umbrella of CySEC licensed Safecap Investments Limited, a unit of Playtech PLC (LON:PTEC), sent an email out to clients late last week regarding new trading conditions thanks to rule changes implemented by the Cypriot regulator. We think that the email (full text below) represents a fairly good…

January 10, 2017 BY LeapRate Staff

Ron Hoffman removed as CFO of Playtech to focus full-time on Markets.com

Online gaming giant Playtech PLC (LON:PTEC) has announced that its longtime CFO Ron Hoffman will resign his position as CFO, in order to focus full-time on building the company's Financials division. Mr. Hoffman will also resign from Playtech's board of directors. His replacement as CFO of Playtech will be Andrew Smith, currently Head of Investor Relations, who…

Playtech continues with share buyback programme

December 21, 2016 BY LeapRate Staff

Playtech completes €50 million share buyback program

Online gaming and financial trading giant Playtech PLC (LON:PTEC) announced today that it has completed buying back €50 million (USD $52 million) of its own shares in the open market. Playtech initiated the share buyback plan after its shares dropped around 10% late in November, following news that controlling shareholder Teddy Sagi was selling £329 million…

December 15, 2016 BY LeapRate Staff

Playtech share buyback passes halfway point with £24.1 million repurchased

After a several day hiatus, online gaming and financial trading giant Playtech PLC (LON:PTEC) was back in the open market repurchasing its own shares yesterday, buying 845,000 shares for more than £6.4 million. Playtech recently announced that the company will buy back up to €50 million (USD $53 million) of its own shares in the coming…

December 12, 2016 BY LeapRate Staff

Playtech share buyback nearly half completed with £17.7 million repurchased

Online gaming and financial trading giant Playtech PLC (LON:PTEC) has been in the market repurchasing its own shares every day since last Tuesday, December 6, following its announcement that the company will buy back up to €50 million (USD $53 million) of its own shares in the coming weeks through to December 31, 2016. Playtech bought 785,000…

December 06, 2016 BY LeapRate Staff

Playtech on FCA and CySEC bonus and leverage rules: no material impact, we're buying back shares

Online gaming and financial trading giant Playtech PLC (LON:PTEC) announced today a new share buyback plan, in which Playtech may purchase up to €50 million (USD $54 million) of its own shares in the open market in the coming weeks through to December 31, 2016. Playtech also stated that the recent rule changes announced by financial…

November 30, 2016 BY LeapRate Staff

Teddy Sagi increases Playtech share sale to £329 million

Teddy Sagi's Brickington Trading Limited now owns 21.6% of Playtech, down from 33.6%.

Tag: Markets.com

Playtech reports improvement in both Markets.com and CFH Group forex divisions

Teddy Sagi cashes in $138 million of Playtech shares to fund run by ex Goldman Sachs bankers

Markets.com sees improved 2H-2016 results after restructuring, parent Playtech revenues up 12%

Markets.com email to clients on CySEC Forex and CFD broker rule changes: leverage, bonuses, and more

Ron Hoffman removed as CFO of Playtech to focus full-time on Markets.com

Teddy Sagi increases Playtech share sale to £329 million

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