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Playtech aims to go social with €95m acquisition

17th April 2012 7:16 am GMT

Online gaming software and services provider Playtech is poised to enter the social gaming market with a planned €95m acquisition of real money gaming and social media assets from a company linked to Teddy Sagi, Playtech’s largest shareholder.

Playtech has signed a non-binding Memorandum of Understanding (MOU) with the undisclosed party regarding the potential acquisition of certain B2B real money gaming and B2B social media assets and businesses, together with a 20 per cent stake in [...]

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