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Ladbrokes deal pushes Playtech market cap past £3bn mark

24th July 2015 9:01 am GMT
Playtech

Shares in Playtech hit a new 52-week high in London this morning after the company agreed to an early determination of amounts due to the software supplier under its marketing services agreement with UK bookmaker Ladbrokes.

The agreement, which relates to the March 2013 deal between Playtech subsidiary PTTS and Ladbrokes, has been reached in anticipation of the proposed merger of Ladbrokes with Gala Coral and is conditional upon completion of the merger.

With effect from completion, Playtech [...]

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