Aristocrat Beefs Up With $2.9B Acquisition Of Playtech
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Aristocrat Leisure will pay $2.9 billion to acquire Playtech. Aristocrat is the world's second-largest manufacturer of physical slot machines after IGT. It's also the owner of Big Fish Games, a developer and distributor of video games aimed at a casual audience.
Aristocrat Beefs Up With $2.9B Acquisition Of Playtech.
Aristocrat Beefs Up With $2.9B Acquisition Of Playtech. PlayTech will be one of the largest B2B gaming platforms in the world.
Aristocrat and Playtech are planning to combine their gaming operations. They want to create a gaming group with a broad portfolio of end-to-end solutions for customers around the world.
Playtech announced a multi-state agreement with Unibet Interactive. Playtech’s software debuted in US online gamblers” hands via Bet365 in New Jersey in August 2020. BetMGM and Parx Interactive also partnered with the game creator. ParX is among PlayTech‘s more interesting US partnerships, as it involves a pending live dealer studio in Michigan.
Aristocrat has bought Playtech for $2.9 billion. PlayTech stock rose sharply at the news. Aristocrat stock traded at $33.67 on Oct. 12 and $35.40 on October 18. Trading of Aristocrats stock is halted until Oct 21.
