Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Playtech BGT Sports, a leading provider of omni-channel sports betting solutions, is to install additional self-service betting terminals in bookmaker Betfred�s UK retail estate. Betfred extends PBS SSBT deployment PBS will supply a number its widescreen terminals to Betfred�s best performing betting shops across the operator�s 1,700-strong estate. The move expands on the June deployment of 500 SSBTs. John Pettit, managing director for UK, Ireland, Asia and Australia at Playtech BGT Sports, said: �Betfred continues to be a very important customer to us and this latest deployment of our cutting-edge widescreen terminals is set to build on this partnership further. �Having already extended the initial contract earlier in the year, we�re delighted that Betfred customers are continuing to enjoy both the incremental revenue opportunities and product development features that only our SSBTs can deliver.� Mark Stebbings, managing director of Betfred Retail, added: �We�ve experienced significant growth from non-football and in-play betting on SSBTs since launch and this has been a great means of diversifying our retail offering and delivering incremental revenues. �The latest instalment confirms the importance of our partnership with Playtech BGT Sports as we look to continue to improve both product and user experience across our estate.� https://www.intergameonline.com/casino/news/betfred-extends-pbs-ssbt-deployment
Playtech bounces as UBS talks up unregulated business Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/881ce228-c30d-11e7-a1d2-6786f39ef675 Playtech rebounded on Monday after UBS said investors were all but writing off its unregulated business in the wake of last week�s profit warning. The gaming website operator had warned on Thursday of a shortfall in Asian earnings, which followed a crackdown on gambling syndicates in Malaysia. Playtech dropped 22 per cent, which left its unregulated markets being valued at no more than one year�s operating earnings, said UBS. That looks too cheap when compared against sector peers such as GVC and 888, as well as ignoring the likelihood of a re-rating as the contribution from regulated markets increases, UBS argued. It put a �10 target on Playtech, which bounced 7.3 per cent to 826p. https://www.ft.com/content/881ce228-c30d-11e7-a1d2-6786f39ef675
The Gambling Commission has slapped Ladbrokes Coral with a �2.3m fine after its Gala Interactive business ADVERTISEMENT breached regulations which protect consumers. The Commission said the fine follows the discovery of "significant flaws" in Gala's dealings with two high-spending customers who gambled away around �1.3m of stolen money. An investigation found that Gala failed to effectively interact with the two customers who were displaying problem gambling behaviour. It also failed to have in place written policies and procedures that could have curbed the behaviour. The Commission also noted a previous case regarding similar failings, when Gala said customers of concern would be identified sooner and effectively handled. This assurance was made at the same time that these two customers were gambling. Coral said on Monday that it accepts that the failures identified fell short of the standards and procedures expected. As a result, it has agreed to pay back the money made in relation to the two customers and to make an additional �1.2m contribution to fund research into the causes and identification of problem gambling. Chief executive Jim Mullen said: "Running a gambling company carries a huge responsibility to ensure that it is done so in a safe and responsible manner. When any part of our business fails to meet the required standards, it is right that they are held to account. The sector has an obligation to look to help customers help themselves and to seek to protect the vulnerable where self-help is evidently not going to happen. "In the two cases reviewed with the Commission, it was clear that within our operations, we had not met our own standards or those demanded by the Commission. While we will always be exposed to risk of people failing to follow procedures, we accept that, in this case, the failings were evidence of a lack of priority being given to changes in approach identified in earlier engagements. "Being public with our failings is an uncomfortable experience for any business, but we believe it is right that others can see the extent of our mistakes and try to learn from them. The Ladbrokes Coral business has moved on since these cases occurred and the mind-set of the Board and the management is that there can be no short cuts on delivering our social responsibility and anti-money laundering obligations.
Sold a few to invest in Playtech, while its quiet here....will be back Trader Tips: City insiders say buy gaming betting software firm Playtec, but sell BT Read more: http://www.thisismoney.co.uk/money/article-5052467/Trader-Tips-City-insiders-say-buy-Playtec.html#ixzz4xduvSiV9 Follow us: @MailOnline on Twitter | DailyMail on Facebook
City insiders say buy gaming betting software firm Playtec Read more: http://www.thisismoney.co.uk/money/article-5052467/Trader-Tips-City-insiders-say-buy-Playtec.html#ixzz4xdmdUaFa Follow us: @MailOnline on Twitter | DailyMail on Facebook
I agree could even go back to where it was this week, its a strong by from me and just topped up again
Rowena Monahan November 3, 2017 Companies with shares trading at a market price below what they are actually worth, such as Playtech and Revolution Bars Group, are deemed undervalued. Investors can determine how much a company is worth based on how much money they are expected to make in the future, or compared to the value of their peers. The list I�ve put together below are of stocks that compare favourably on all criteria, which potentially makes them good investments if you believe the price should eventually reflect the stock�s actual value. Playtech plc (LSE:PTEC) Playtech plc engages in the development and licensing of software products for the online and land-based gambling industries. Established in 1999, and currently run by Mor Weizer, the company employs 5,000 people and with the company�s market cap sitting at GBP �3.10B, it falls under the mid-cap stocks category. PTEC�s stock is currently floating at around -50% below its true value of �15.42, at a price tag of �7.68, based on my discounted cash flow model. This mismatch signals an opportunity to buy PTEC shares at a discount. Also, PTEC�s PE ratio is around 11.5x while its software peer level trades at 26.3x, implying that relative to its comparable set of companies, PTEC�s stock can be bought at a cheaper price. PTEC is also in good financial health, as near-term assets sufficiently cover liabilities in the near future as well as in the long run. It�s debt-to-equity ratio of 43% has for the past few years signalling PTEC�s capacity https://simplywall.st/news/2017/11/03/top-cheap-stocks-to-buy/
I fully agree this is a solid company and the share price has to be a bargain of the century.
Morgan Stanley Overweight �1050.00
Researchers at numis Maintain their Buy rating for Playtech (LON:PTEC). The Target Price is GBX 1040.00; MB Financial (MBFI) Had 2 Bulls November 3, 2017 - By Stephen Andrade The company have set target of GBX 1040.00 on Playtech (LON:PTEC) shares. This is 37.02% from the last stock close price. In a research note issued to clients and investors on Thursday, 2 November, numis reconfirmed their Buy rating on shares of PTEC.
Playtech to incorporate responsible gambling software. https://www.casinopedia.org/news/playtech-and-betbuddy-responsible-gambling
Look at them crazy late buys One of them being 38 million pounds, surely somebody desperately wants in.....brokers last valued this around £12 per share.....in August....I think if it drops any further I surely will be topping up more
Playtech added activity would return to normalised levels in a short timeframe,
nice and easy 896k buy showing up
agree...it will settle back up in the coming days/weeks, solid company toped up with 27k