Genius Sports Smashes Q3 Expectations with 62% Revenue Growth
1 min read
NewsFebruary 20, 2022·1 min read
Playtech Rejects Aristocrat's $3.7 Billion Takeover Bid
Playtech has declined Aristocrat Leisure's $3.7 billion takeover offer due to insufficient shareholder approval. The shareholders needed to ratify the pact to 75 percent threshold to continue. 43.87 percent of the company voting against it.
The board of Playtech indicated on Wednesday that it would consider breaking up the firm to maximize shareholder value. The corporation will sell its B2C and B2B businesses after obtaining clearance from the investors and regulators.
Trevor Croker, managing director and CEO of Aristocrat Leisure, spoke about the company's apparent inability to acquire Playtech. The gaming firm located in Australia will now consider potential merger and acquisition options, notably in the real money online gaming market.
Share this article
By
Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
♠More in News
Oihan Abarzuza Shares Insights from His Multitorneo Live Session
1 min read
Peter & Sons Boosts European Presence with SYNOT Interactive Partnership
1 min read
←All Articles♠ PokerInsider