Playtech Bullish on growth in 2016

Wednesday May 28,2016 :  PLAYTECH CONFIRMS GAMING AND FINANCIAL M&A DISCUSSIONS

Bullish on growth and opportunities in 2016 and beyond.

In an AGM statement Wednesday, Playtech plc reported robust momentum from a strong 2015 into 2016 saying it remained confident of continued success and strong growth in 2016 and beyond.

Chairman Alan Jackson confirmed the company is exploring merger and acquisition (M&A) opportunities and is in active discussions with entities in the gaming division as well as selective bolton acquisitions in the Financials division.

“Should suitable acquisitions not be available, the company will consider returning cash to shareholders as it looks to maintain an efficient capital structure,” Jackson reiterated.