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Investegate announcements from Playtech PLC, AGM Trading Update

André Lacroix (pictured), Intertek's chief executive, trousered £2.6m last year and this year could earn up to £6.3m. The 61-year-old has received £32.5m in pay since taking his post in 2015.

LONDON BRIEFING: M&S weathers virus with help from government, Ocado Wed, 26th May 2021 08:21 (Alliance News) - Clothing, homewares and food retailer Marks & Spencer on Wednesday reported a fall in revenue and swing to loss for its recently ended financial year, but hailed its transformation in the period. Revenue fell by 10% to GBP9.16 billion in the year to April 3 from GBP10.18 billion, with M&S swinging to a pretax loss of GBP209.4 million from profit of GBP67.2 million the year before. "Our results for the year bear the impact of the pandemic spanning the beginning of the first natio...

Playtech’s Snaitech Group integrates German-facing HappyBet 12th May 2021 | By Robin Harrison Snaitech Group, Playtech’s Italy-facing B2C arm, is to swallow up another of the gaming solutions giant’s consumer-facing brands, the Germany and Austria-focused HappyBet. Schiavolin said that it would provide the business with access to more resources, as well as Snaitech’s experience in business development and technological infrastructure.  “First and foremost, we want to consolidate and expand the brand’s position in the online market,” Schiavolin said. “At the same time, we wil...

May 5, 2021 Gambling technology giant Playtech plc (LSE:PTEC) has inked a new long-term software and service agreement with state-owned casino operator Holland Casino, which enjoys the legal monopoly of land-based gambling in the Netherlands where it is currently responsible for 14 brick-and-mortar gaming venues.  The “major” deal is in anticipation of the long-awaited launch of the iGaming market in the country in northwestern Europe. The Kansspelautoriteit (KSA) regulator announced on April 1st that it will, via the Remote Gambling Act, issue the first licenses by October 1, 2021, th...