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PLAYTECH LANDS ANOTHER ACQUISITION
London-listed online gambling software and games developer Playtech plc has made another acquisition, clinching a $1.75 million deal with Win Gaming Media Inc., to buy subsidiary MIXTV Limited, a provider of mass multiplayer (MMP) live gaming technology for use in interactive television and Internet applications.
In addition to acquiring MIXTV, Playtech has signed a license and service agreement with parent Win Gaming Media, a service provider for key players in the gaming arena, such as Virgin Media Television (part of Virgin Media, the UK's leading entertainment and communications company) and Teletext.
By bringing advanced MMP functionality into its capabilities, Playtech will enhance an already strong position in live gaming. MIXTV's patented technology delivers advanced user experience and quality live streaming products accessible via a unique combination of TV and Internet media by bringing interactive gaming content to the mass market.
The company anticipates that the asset acquisition is a further opportunity to expand the range of platforms it offers to its current licensees and for attracting new operators.
A Playtech statement notes that the purchase of MIXTV underlines Playtech's strategy of acquisitive and organic growth. The company continues to seek further acquisitions and promises to be opportunistic in this regard, bearing in mind the need for due diligence. The statement also hints that another acquisition affiliated with the current deal is in prospect, with progress in vetting and negotiations continuing.
Playtech CEO Mor Weizer, commented on the company's latest deal, saying: "As the leading software provider to the online gaming industry, the acquisition of MIXTV mass-multiplayer live gaming solutions enables us to further extend our products portfolio, making our products available on all forms of interactive media. We are excited about the potential this presents for further enriching our range of platforms and the new cross selling opportunities the live gaming products create for our existing and potential new licensees. We are looking to continue realising our vision of enriching our products offering through new best in class innovative products."
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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