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Playtech looks to sell off its financial trading arm

UK-based Playtech Plc has indicated that it was in talks to sell its financial trading arm for up to US$200 million in cash, as the gambling software maker seeks to focus on its core business that has benefitted from a pandemic-led spurt in online betting.

Felix Ng Felix NgJanuary 26, 2021 · 1 min read
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UK-based Playtech Plc has indicated that it was in talks to sell its financial trading arm for up to US$200 million in cash, as the gambling software maker seeks to focus on its core business that has benefitted from a pandemic-led spurt in online betting.

Playtech in talks to sell financial unit for $200 million (Reuters)

Felix Ng
Written by Felix Ng Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry. More from Felix Ng →