Friday, February 23, 2024

Tag: Teddy Sagi

Playtech stock hits record high in June

BBi - Playtech June SSBTs
Shares in gaming software firm, Playtech, hit an all time high in June, as financial markets clearly approve of the firm’s recent string of strategic acquisitions.   “We continue to like the Playtech investment case due to its industry leading software; its long-term growth opportunities and abundant potential for value enhancing ,” said analyst at Goodbody, Gavin Kelleher. The group is currently...

Playtech founder trades in shares for ‘co-working revolution’

Betting Business - Playtech Founder Teddy Sagi
Israeli billionaire and founder of Playtech, Teddy Sagi, has sold a 4.1 percent in the company to invest London property and the “co-working revolution,” he says, but will still be one of the group’s largest shareholders.   Sagi announced early March that he had sold 13m shares in the software company to a French firm, Boussard & Gavaudan Investment Management, at...

Playtech €50m share buyback nears completion

Betting Business Playtech Share Buyback
Just weeks after launching a major share buyback to correct a depressed trading price, Playtech had already re-purchased almost €30m worth of ordinary shares back from investors.   TSE-listed gaming technology provider Playtech has cleared the halfway mark of a share buyback programme worth around €50m, with €28.7m (£24.1m) worth of ordinary shares already purchased back at the time of writing. In...