Playtech proposes reorganisation of Sports division

20th December 2017 8:29 am GMT

Playtech BGT Sports chief executive Armin Sageder could be in line for a €35m windfall under a new incentive scheme proposed by Playtech.

Sageder holds a 10 per cent stake in the Playtech BGT Sports division (PBS), which he retained following the sale of his Best Gaming Technology (BGT) business to Playtech in July 2016.

Under the proposal announced Wednesday by Playtech, Sageder’s holding in BGT will be exchanged for an equivalent interest [...]