Playtech profits decline but Financials and Retail Forex businesses shine in 1H-2018 LeapRate

August 23, 2018 BY LeapRate Staff

Playtech profits decline but Financials and Retail Forex businesses shine in 1H-2018

Following the issuing of its Trading Update in early July it wasn't quite a surprise that online gaming and financial trading company Playtech PLC (LON:PTEC) reported declining profits (although increasing Revenues) for the first half of 2018. Overall, Playtech saw Revenue of €436.5 million for the first six months of the year, which was actually up by…

June 10, 2018 BY LeapRate Staff

FX Industry Week Review: Playtech-Alpha deal size, GAIN Capital business exit, FX broker results, and lots more

Why is the Playtech acquisition of Alpha Capital Markets likely to be completed at a much lower valuation than the previously advertised $150 million? Which business line did GAIN Capital shutter? Will ESMA's binary options ban and CFD leverage cap, set to come into effect this summer, apply to non-EU clients of EU brokers? How…

February 22, 2018 BY LeapRate Staff

Playtech suffers $7.6 million Q4 loss from 'crypto hype', as Revenues decline in 2H-2017

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) has announced its results for the full year 2017, indicating a major slowdown in most key business units in the second half of the year. Overall, Playtech revenues in 2H-2017 totaled €385.5 million, down 9% from the first half's €421.6 million. And that, despite the…

October 02, 2017 BY LeapRate Staff

Playtech completes $150 million acquisition of ACM Group (Alpha)

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that it has closed its previously announced acquisition of market maker ACM Group Limited (Alpha). The deal was completed as a sale of assets from ACM. In August Playtech revealed its agreement to acquire the fast-growing privately held Alpha, in a structured transaction…

August 23, 2017 BY Valentina Kirilova

Playtech acquires ACM Group Ltd (Alpha), Financials Division to be named TradeTech Group

Online gaming and financial trading systems giant Playtech PLC (LON:PTEC) just announced it has agreed to acquire technology, intellectual property and certain customer assets (together 'the assets') from ACM Group Limited (known in the industry as Alpha) as it continues to enhance its Financials Division's B2B offering. As a result of the acquisition of the…

Tag: TradeTech Group

Playtech profits decline but Financials and Retail Forex businesses shine in 1H-2018

FX Industry Week Review: Playtech-Alpha deal size, GAIN Capital business exit, FX broker results, and lots more

Playtech suffers $7.6 million Q4 loss from 'crypto hype', as Revenues decline in 2H-2017

Playtech completes $150 million acquisition of ACM Group (Alpha)

Playtech acquires ACM Group Ltd (Alpha), Financials Division to be named TradeTech Group

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