Playtech Limited, together with its subsidiaries, develops unified software platforms and content for the online and land-based gambling industry. The company’s gaming applications include casino, poker, bingo, sports betting, live, Web-based and mobile games, and casual and fixed odds games. It also offers live and TV gaming; binary options platform; social poker, casino, bingo, and rummy; products and tools for lottery operators; and Videobet, a terminal software and control systems for server-supported and server-based gaming. The company’s product suite is integrated into cross-platform network that enables players to access online, broadcast, mobile, and land-based platforms to be run v...
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Playtech Launches Multi-Channel Solution
Apr 14 14
Playtech announced the successful launch of its ground-breaking "multi-channel" solution - which is a revolution in the betting shop arena. Multi-channel is already fully operational across the entire Coral betting shop estate in the UK, 1,800 shops. The aptly named "Coral Connect" programme is the first time online and retail systems have been totally unified, allowing players to use one account across all platforms, wherever and whenever they are playing. Prospective customers can now open a multi-channel account in a betting shop and further utilise the same account to place bets online or on mobile. In the retail environment, the multi-channel account can be used to place bets over the counter, play casino games on Fixed Odds Betting Terminals and deposit or withdraw funds. The online-to-retail integration has allowed Playtech's IMS back office system to be synchronised with retail operations, giving operators a full customer view. An operator can now view a player's activity in its entirety; whether they are playing online, on their mobile phone or in a betting in a shop. The integration of the complete online and retail system extends Playtech's multi-channel and multi-product vision, where players are able to use one account and enjoy a seamless user experience across all platforms and products. This creates numerous cross-sale opportunities for Playtech licensees, who can significantly increase a player's gameplay, longevity and strengthen brand loyalty. A licensee can now promote shop players to utilise their multi-channel account to play similar products online, whilst also encouraging online players to play in a retail outlet.
Playtech Launches Live Games for Ladbrokes
Mar 14 14
Playtech announced the launch of its Live Games for Ladbrokes. The launch will enable Ladbrokes to distribute all of Playtech's Live Games, across all platforms including desktop and mobile. The mobile platform will feature both HTML5 and native versions for iOS and Android devices, providing Ladbrokes with the most comprehensive solution available. Developed with broadcasting technology, all of Playtech's Live Games are created with the video quality. In doing so, players enjoy an identical quality to that provided on desktop devices, offering players a live gaming experience which is second to none. Featuring the private area Playtech has created to date, Ladbrokes will provide their players with an exclusively branded Live area. Taking Live Games to the next level, players will also be able to join live game tables via the lobby stream with just one click. The fully dedicated area appeals to high rollers and novice players alike and offers Ladbrokes the opportunity to leverage their presence and positioning with branded and customised content to deliver an improved player experience. The new Multi-Game interface launched is designed to maximise player value which will allow Ladbrokes' players to play any three games simultaneously via a single window where the games or game tables can be easily swapped using a user friendly interface. The mobile native version also contains a unique lobby stream where players can tap any table to join.
Playtech plc Recommends Special Dividend and Final Dividend for 2013, Payable on March 11, 2014 and May 23, 2014 Respectively; Reports Audited Consolidated Earnings Results for the Year Ended 31 December 2013
Feb 20 14
Playtech plc has decided to pay a special dividend of £100 million to be paid in sterling to shareholders on the register on February 28, 2014 and payable on March 11, 2014, as a second interim dividend in respect of the financial year ended December 31, 2013. The ex-dividend date for the special dividend will be February 26, 2014.
In addition, the Board has recommended a final dividend of €15.4 cents per share, giving a total 2013 ordinary dividend of €23.2 cents per share (2012: €23.2 cents per share), maintaining the level distributed for 2012 as the Board committed to at the time of Playtech's interim results announcement. Subject to shareholder approval of the final dividend at the Annual General Meeting, to be held on May 21, 2014, the dividend will be payable on May 23, 2014 to those shareholders on the company's register as at the record date of February 28, 2014. The ex-dividend date is February 26, 2014.
The company reported audited consolidated earnings results for the year ended 31 December 2013. For the period adjusted EBITDA was €177,510,000 compared to €186,766,000 in the same period last year. Adjusted profit before taxation was €169,070,000 compared to €170,596,000 in the same period last year. Adjusted profit attributable owners of the parent were €166,391,000 compared to €168,321,000 in the same period last year. Adjusted diluted EPS was 56.3 cents per share compared to 57.1 cents per share in the same period last year. Operating profit before depreciation and amortization was €159,424,000 compared to €136,213,000 in the same period last year. Net cash provided by operating activities was €200,034,000 compared to €112,796,000 in the same period last year. Cash flow for acquisition of property, plant and equipment was €10,687,000 compared to €8,007,000 in the same period last year. Total revenues were €367,206,000 compared to €317,504,000 in the same period last year. EBITDA was €543,756,000 compared to €181,769,000 in the same period last year. Profit before taxation was €491,257,000 compared to €89,030,000 in the same period last year. Profit attributable to owners of the parent was €488,578,000 compared to €86,755,000 in the same period last year. Diluted EPS was 165.3 cents per share compared to 29.4 cents per share in the same period last year. Operating profit before depreciation and amortization was €184,851,000 compared to €131,216,000 in the same period last year.