Playtech founder Teddy Sagi continues to divest his shareholdings.

[Moonlight Cat]

The founder of Playtech - Teddy Sagi still contunue to sell his shares.

https://sbcnews.co.uk/europe/2017/0...g-playtech-plc-targeting-400-million-cashout/

 

[Frank]

Pocket money right? 400 million...

 

[Moonlight Cat]

Pocket money right? 400 million...

)) Maybe. But as i know, Teddi Sagi buy property in Europe. Hotels in Germany, and Camden Market in UK.

 

[bigaffiliate]

Ripping people off, going to jail, coming out clean, and selling up your share holdings is pretty nice business isn't it?

 

[LandofOz]

I wonder what Playtech will be worth in the near future, now that Playtech is no longer the crème de la crème of online casino software. It probably explains why he's selling up now.

 

[DaftDog]

I wonder what Playtech will be worth in the near future, now that Playtech is no longer the crème de la crème of online casino software. It probably explains why he's selling up now.

I always liked Playtech games in the past but you're right they no longer can compete with the likes of NetEnt and others. Hopefully with Sagi out of the picture they can make a turn-around and force better t&c's on casinos that use their software.

Maybe I'm being a bit too optimistic.

 

[AussieDave]

Hopefully with Sagi out of the picture they can make a turn-around and force better t&c's on casinos that use their software.

The entire place needs restructuring with 100% fresh blood. Keeping old stock, one risks a similar fate to the WillHill (Tel Aviv) mutiny.

 

[airplane55]

Let's see what Playtech offers in the near future!!

 

[Biti]

Their tactic is now a bit different. They're making deals with (state) monopolists and strong market leaders in different countries. I think their success depends a lot on the success in the future of this monopolists. They also offer landbased products which is interesting.

Pure on online slots, they cannot compete anymore.

 

[PROFRBcom]

Pure on online slots, they cannot compete anymore.

From what I understand there is a ton of game duping in the Asian markets. People just blatantly copying their games and using them on B&M gaming terminals.