{"id":48659,"date":"2022-02-17T10:10:03","date_gmt":"2022-02-17T10:10:03","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=48659"},"modified":"2022-02-17T10:10:03","modified_gmt":"2022-02-17T10:10:03","slug":"playtech-deal-with-caliplay-could-return-700-million-plus","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/playtech-deal-with-caliplay-could-return-700-million-plus\/","title":{"rendered":"Playtech Deal With Caliplay Could Return \u00a3700 Million Plus"},"content":{"rendered":"

\"\"Playtech have had a rather interesting few months with the long drawn out deal that was approved by senior management for Aristocrat the Australian gaming manufacturer to acquire the company for some \u00a32.7 billion ultimately failed to gain shareholder approval.<\/p>\n

That was followed by rumours that a group of Asian investors were ready to come in for an offer for the igaming technology company, however that so far has no materialised but now according to a new report covered by the Times newspaper that the reason for both failing is the deal Playtech has with its Latin American partner Caliplay.<\/p>\n

Playtech has a deal that is able to covert profits from Caliplay into equity worth some 39% and that Caliplay is rumoured to be preparing a listing in the US that would potentially value the company at \u00a32.5 billion.<\/p>\n

Should that be correct Playtech could see a return of \u00a3700 million plus, should that be the case it is understandable why shareholders refused the Aristocrat deal in preparation for a windfall should Caliplay eventually does list in the US.<\/p>\n

News of this saw Playtech shares rise over the last few days by more than 2% valuing the company at \u00a32.5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Playtech have had a rather interesting few months with the long drawn out deal that was approved by senior management for Aristocrat the Australian gaming manufacturer to acquire the company for some \u00a32.7 billion ultimately failed to gain shareholder approval. That was followed by rumours that a group of Asian investors were ready to come […]<\/p>\n","protected":false},"author":5,"featured_media":32000,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,18],"tags":[],"class_list":["post-48659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-n-america"],"yoast_head":"\nPlaytech Deal With Caliplay Could Return \u00a3700 Million Plus - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/playtech-deal-with-caliplay-could-return-700-million-plus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Playtech Deal With Caliplay Could Return \u00a3700 Million Plus - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Playtech have had a rather interesting few months with the long drawn out deal that was approved by senior management for Aristocrat the Australian gaming manufacturer to acquire the company for some \u00a32.7 billion ultimately failed to gain shareholder approval. 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