PTEC.L - Playtech plc

LSE - LSE Delayed Price. Currency in GBp
447.50
-7.50 (-1.65%)
As of 2:08PM GMT. Market open.
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Previous Close455.00
Open461.50
Bid447.30 x 168100
Ask447.60 x 101400
Day's Range442.70 - 462.50
52 Week Range420.20 - 892.00
Volume243,090
Avg. Volume2,460,076
Market Cap1.41B
Beta (3Y Monthly)0.81
PE Ratio (TTM)4.75
EPS (TTM)94.20
Earnings DateFeb 19, 2018 - Feb 23, 2018
Forward Dividend & Yield0.32 (6.88%)
Ex-Dividend Date2018-09-20
1y Target Est7.44
  • UK forced to accelerate planned reform to gambling regulations
    Reuters23 hours ago

    UK forced to accelerate planned reform to gambling regulations

    Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.

  • Reuters23 hours ago

    UK forced to accelerate planned reform to gambling regulations

    Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.

  • Reutersyesterday

    UK brings forward planned changes to gambling regulations

    Britain will bring forward a planned cut to the maximum stake on fixed-odds betting terminals by six months to April 2019, culture minister Jeremy Wright said in a statement to parliament on Wednesday. Earlier this month sports minister Tracey Crouch resigned, accusing the government of delaying to October the planned cut to the maximum stake from 100 pounds to just two pounds. Wright said a planned increase in Remote Gaming Duty, paid by online gaming operators, would also be brought forward to April to cover the negative impact on the public finances.

  • Reutersyesterday

    UK PM May says culture minister to set out gambling machine changes

    Britain's culture minister will set out further details later on Wednesday on the government's planned cut to the maximum stake on fixed-odds betting terminals (FOBTs), Prime Minister Theresa May said. The government is facing a defeat on its budget legislation in parliament next week after many lawmakers from May's own Conservatives backed an amendment which would force it to bring forward the timing of the cut from October to April next year.

  • Financial Times3 days ago

    [$$] Playtech on track for full-year earnings but Asian headwinds prevail

    a 34 per cent fall in net adjusted profits, after a crackdown on gambling syndicates in Malaysia in effect ended the company’s access to what had been one its largest Asian markets. On Monday, Playtech said it was on track to achieve full-year revenues in Asia of €150m, which would constitute a drop of around 46 per cent year on year.

  • Moody's6 days ago

    SNAITECH S.p.A. -- Moody's withdraws the ratings of SNAITECH S.p.A.

    Moody's Investors Service ("Moody's") has today withdrawn the ratings of SNAITECH S.p.A. ("Snaitech"), including the B2 Corporate Family Rating and B2-PD Probability of Default Rating, following repayment of the rated debt. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings available on its website, www.moodys.com. For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity.

  • Simply Wall St.13 days ago

    A Closer Look At Playtech plc’s (LON:PTEC) Impressive ROE

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...

  • Reuters17 days ago

    Government targets gambling industry with tax increases

    Britain's Chancellor Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals. "I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we reduce FOBT stakes to 2 pounds," Hammond told parliament.

  • Reuters17 days ago

    UK government targets gambling industry with tax increases

    Britain's finance minister Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals. "I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we reduce FOBT stakes to 2 pounds," Hammond told parliament.

  • Moody'slast month

    Playtech Plc -- Moody's assigns Ba2 CFR to Playtech PLC; stable outlook

    Moody's Investors Service (Moody's) has today assigned a Ba2 corporate family rating (CFR) and a Ba2-PD probability of default rating (PDR) to the global technology leader for the gambling and financial trading industries Playtech PLC ("Playtech" or the "company"). Concurrently, Moody's has assigned Ba2 rating to the 530 million senior secured notes to be issued by Playtech.

  • 2 Days Left To Cash In On Playtech plc (LON:PTEC) Dividend,
    Simply Wall St.2 months ago

    2 Days Left To Cash In On Playtech plc (LON:PTEC) Dividend,

    Have you been keeping an eye on Playtech plc’s (LON:PTEC) upcoming dividend of €0.12 per share payable on the 23 October 2018? Then you only have 2 days left beforeRead More...

  • Britain's FTSE falls on trade fears as pound strengthens
    Reuters2 months ago

    Britain's FTSE falls on trade fears as pound strengthens

    By Julien Ponthus and Danilo Masoni LONDON (Reuters) - The UK's blue-chip index fell on Friday as investors awaited news on whether the United States would impose new tariffs on Chinese imports while a ...

  • Reuters2 months ago

    U.S. activist SpringOwl calls for Playtech to spin off non-core business

    Gambling software company Playtech should sell off its financial services businesses and focus on gaming, shareholder SpringOwl Asset Management's founder Jason Ader said. Ader, whose fund has built a $100 million stake in Playtech, welcomed the announcement on Friday of the sale of its 10 percent stake in retail online trading platform Plus500. "We're not advocating any fire sale or any rushed transaction, but over time we would like to see Playtech in the gaming business...and not have the distraction of other financial services holdings," Ader told Reuters by telephone.

  • U.S. activist SpringOwl calls for Playtech to spin off non-core business
    Reuters2 months ago

    U.S. activist SpringOwl calls for Playtech to spin off non-core business

    Gambling software company Playtech should sell off its financial services businesses and focus on gaming, shareholder SpringOwl Asset Management's founder Jason Ader said. Ader, whose fund has built a $100 million stake in Playtech, welcomed the announcement on Friday of the sale of its 10 percent stake in retail online trading platform Plus500. "We're not advocating any fire sale or any rushed transaction, but over time we would like to see Playtech in the gaming business...and not have the distraction of other financial services holdings," Ader told Reuters by telephone.

  • Reuters2 months ago

    Playtech offloads Plus500 stake for $228 mln ahead of Italy buy

    Founded by Israeli billionaire Teddy Sagi, Playtech has sold the stake in Plus500 three years after pulling the plug on a $700 million takeover of the Haifa, Israel-based company, which has a 1.83 billion pound ($2.37 billion) market value. Shares in Plus500 fell 5.3 percent to 1,522 pence at 0850 GMT on Friday on news of the sale by Playtech, which also owns world's largest live casino studio in Latvia. Playtech said in a statement it had sold 11.4 million ordinary shares at 1,550 pence-a-share in Plus500, which provides an online platform for retail investors to make bets on financial markets through contracts for differences.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of PTEC.L earnings conference call or presentation 23-Aug-18 8:00am GMT

    Half Year 2018 Playtech PLC Earnings Call

  • Reuters3 months ago

    Oil stocks, miners prop FTSE up as markets await Powell

    By Helen Reid LONDON (Reuters) - Britain's major stock index faltered on Friday, propped up by Shire and oil stocks, while investors awaited a speech by the U.S. Fed Chair and digested U.S.-China trade ...

  • Reuters3 months ago

    European shares gradually abandon gains, trade angst dent autos

    By Helen Reid LONDON (Reuters) - European shares gradually fell into the red on Thursday after the latest round of U.S.-China tariffs hurt trade-sensitive autos stocks and sentiment suffered as Wall Street ...

  • Reuters3 months ago

    European shares gradually abandon gains, trade angst dent autos

    European shares gradually fell into the red on Thursday after the latest round of U.S.-China tariffs hurt trade-sensitive autos stocks and sentiment suffered as Wall Street indexes slipped into negative territory. The STOXX 600 edged down 0.16 percent to 383.42 points, with most European bourses posting only modest losses. Autos stocks were the worst-performing for a second day and lost 1.4 percent.

  • The Wall Street Journal3 months ago

    [$$] European Equities Market Talk Roundup

    The trading group said the agreement, which has yet to be approved by Ryanair’s board and the pilots, shows a determination by the airline to end the strikes. The FTSE 100 Index gains 0.26%, or 19.52 points to 7593.76 as sterling drops 0.4% to $1.2850. “The preliminary trade talks that began in Washington yesterday with a view to restarting the negotiations look unlikely to yield too much in the way of progress as they enter a second day, with the U.S. President, given his current political difficulties, unlikely to want to concede any further ground,” says Michael Hewson at CMC Markets.

  • Has Playtech plc (LON:PTEC) Improved Earnings Growth In Recent Times?
    Simply Wall St.3 months ago

    Has Playtech plc (LON:PTEC) Improved Earnings Growth In Recent Times?

    After looking at Playtech plc’s (LON:PTEC) latest earnings announcement (31 December 2017), I found it useful to revisit the company’s performance in the past couple of years and assess thisRead More...

  • Reuters3 months ago

    Playtech revenue gains offset Asia pains, stock rises

    In Malaysia, where regulators are seeking to crack down on online gambling, Playtech said activity is significantly lower than its full-year 2016 run rate. Regulated revenue growth is largely due to Snaitech, Chief Executive Mor Weizer told Reuters. Playtech in April agreed to buy a majority stake in Italy's Snaitech for 291 million euros ($359 million) in a move to generate more revenue from regulated markets.

  • Reuters3 months ago

    Playtech revenue gains offset Asia pains, stock rises

    Shares in gambling software maker Playtech gained 8 percent on Thursday after first-half results that showed double-digit growth in many of its developed markets, offsetting a blow to profit from change in Asia.