He further explained that the combined group will offer a broader portfolio of end-to-end solutions for gaming customers around the globe.
Mor Weizer, CEO of Playtech, said:
This transaction marks an exciting opportunity in the next stage of growth for Playtech, and delivers significant benefits to our stakeholders, including our customers, our shareholders and our incredibly talented people. This deal has the potential to enhance our distribution, our capacity to build new and deeper relationships with partners, and bolsters our technological capabilities. The combination of our two companies builds one of the largest B2B gaming platforms in the world, with the people, infrastructure and expertise to provide our customers with a truly best-in-class offer across all areas of gaming and sports betting.
Earlier in September, Playtech agreed to sell its financial business Finalto to Gopher Investments for $250 million in cash.
