{"id":204,"date":"2024-06-18T13:18:36","date_gmt":"2024-06-18T10:18:36","guid":{"rendered":"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/18\/aristocrat-to-acquire-playtech-in-2-9-billion-deal\/"},"modified":"2024-06-20T17:17:38","modified_gmt":"2024-06-20T14:17:38","slug":"aristocrat-to-acquire-playtech-in-2-9-billion-deal","status":"publish","type":"post","link":"https:\/\/slotsgarden100nodepositbonus.icu\/2024\/06\/18\/aristocrat-to-acquire-playtech-in-2-9-billion-deal\/","title":{"rendered":"Aristocrat to Acquire Playtech in $2.9 Billion Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/cENjgPDmBUI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A high-ranking company is poised to purchase Playtech in a substantial transaction. The leadership of both entities has consented to a monetary proposal of \u00a36.80 (approximately $9.35) for each share. This assessment places Playtech&#8217;s worth around \u00a32.1 billion (equivalent to $2.9 billion).<\/p>\n<p>This acquisition is viewed by Aristocrat as a means to expedite its expansion within the internet-based gaming sector. They anticipate the worldwide online gambling market to attain $112 billion by 2025 and are confident that Playtech&#8217;s technological capabilities and clientele will provide them with a considerable edge.<\/p>\n<p>Trevor Croker, the chief executive of Aristocrat, emphasized the advantages of merging Aristocrat&#8217;s gaming material with Playtech&#8217;s online gambling framework, especially within the rapidly expanding North American market. He is optimistic that this amalgamation will generate substantial returns for stakeholders.<\/p>\n<p>To finance the acquisition, Aristocrat intends to secure approximately $1.3 billion through the issuance of fresh shares. <\/p>\n<p>A consortium of stakeholders, holding a substantial portion, approximately 20%, of Playtech&#8217;s shares, have expressed their support for the acquisition proposal.  Despite this, Playtech&#8217;s leadership has maintained silence, refraining from releasing a formal announcement regarding the prospective transaction. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A high-ranking company is poised to purchase Playtech in a substantial transaction. The leadership of both entities has consented to a monetary proposal of \u00a36.80 (approximately $9.35) for each share. This assessment places Playtech&#8217;s worth around \u00a32.1 billion (equivalent to $2.9 billion). This acquisition is viewed by Aristocrat as a means to expedite its expansion [&hellip;]<\/p>\n","protected":false},"author":104,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Playtech Acquisition: A $2.9 Billion Power Move in Online Gaming?<\/title>\n<meta name=\"description\" content=\"Industry giant sets its sights on Playtech with a whopping $9.35 per share offer! 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