Playtech boss cools on takeover support as group reports 2022 results, U.S. growth

Playtech boss cools on takeover support as group reports 2022 results, U.S. growth

Article brief provided by Evening Standard
  • Daniel O'Boyle, Evening Standard
March 23, 2023 9:10 PM

Playtech CEO Mor Weizer said he couldn’t be sure if he would back another takeover attempt after supporting one last year, as the gambling technology business reported a profit increase despite UK revenue slowing.

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The gambling tech provider seemed on course to be sold last year when Weizer threw his weight behind a proposal from Asian investment group TTB.

“I was always focused on Playtech and its growth,” he said. “At a certain point in time I did support a bid because I felt it was what shareholders wanted. But I am fully committed to the strategy of the business.”