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Challenging backdrop hits Playtech revenue | 11 March 2021

11 March 2021 | 09:47am
StockMarketWire.com - Playtech has announced a 25% fall in its 2020 revenue to €1.07 billion amid a challenging backdrop .
It said its financial performance for the year had been resilient with an adjusted EBITDA of €310.0 million, driven by Finalto in the first half of the year, and Core B2B and Snaitech in the second.
Mor Weizer, CEO at Playtech, said: We are particularly pleased with the excellent progress we have made in the US market, launching with bet365 and Entain in 2020, and signing milestone agreements with the Greenwood companies in 2021 to license our products in Michigan, Indiana, New Jersey and Pennsylvania. ....

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Playtech appoints Brian Mattingley as chairman | 3 March 2021

3 March 2021 | 07:54am
StockMarketWire.com - Gambling software group Playtech said it had appointed Brian Mattingley as its chairman.
Mattingley was currently chairman of rival gambling group 888 and would take up his new role at Playtech on 1 June.
He would replace Claire Milne, who had been serving as interim chairman since May.
888, meanwhile, said Jonathan Mendelsohn would become its chairman on 31 March, further its announcement on 23 September, which stated he had joined 888 as chair Designate.
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FTSE 100 held back by sterling strength with trading set to resume in the US | 16 February 2021

FTSE 100 held back by sterling strength with trading set to resume in the US ....

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FTSE opens 0.3% higher; BHP, Glencore bring dividend cheer | 16 February 2021

16 February 2021 | 08:50am
StockMarketWire.com - UK stocks opened higher on Tuesday as investors grow increasingly confident that US lawmakers will push through a large stimulus package, while big miners released some positive dividend news.
At 0836, the benchmark FTSE 100 index was up 16.42 points, or 0.3%, at 6,772.53.
BHP eased back 0.2% to $22.2448 even as it reported a 13% rise in first-half pre-tax profit to $8.83 billion, as revenue was boosted by higher iron ore and copper prices.
The world s biggest mining company hiked its interim dividend 55% to 101p per share. Its bottom line profit fell, though, on a higher tax expense.
Miner and commodities trader Glencore rose 2.1% to 288.35p after it said it would resume dividends in 2021 with a payout of 12c per share. ....

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