Playtech founder Teddy Sagi continues to divest his shareholdings.

Discussion in 'Casino Industry Buzz and Terms Alerts' started by Moonlight Cat, Jun 30, 2017.

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    Moonlight Cat

    Moonlight Cat Affiliate Guard Dog Member

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    Frank

    Frank Affiliate Guard Dog Member

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    Pocket money right? 400 million...
     
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    Moonlight Cat

    Moonlight Cat Affiliate Guard Dog Member

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    :))) Maybe. But as i know, Teddi Sagi buy property in Europe. Hotels in Germany, and Camden Market in UK.
     
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    bigaffiliate

    bigaffiliate New Member

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    Ripping people off, going to jail, coming out clean, and selling up your share holdings is pretty nice business isn't it?
     
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    LandofOz

    LandofOz Affiliate Guard Dog Member

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    I wonder what Playtech will be worth in the near future, now that Playtech is no longer the crème de la crème of online casino software. It probably explains why he's selling up now.
     
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    DaftDog

    DaftDog Affiliate Guard Dog Member

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    I always liked Playtech games in the past but you're right they no longer can compete with the likes of NetEnt and others. Hopefully with Sagi out of the picture they can make a turn-around and force better t&c's on casinos that use their software.

    Maybe I'm being a bit too optimistic.
     
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    AussieDave

    AussieDave 17 years & still going!

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    The entire place needs restructuring with 100% fresh blood. Keeping old stock, one risks a similar fate to the WillHill (Tel Aviv) mutiny.
     
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    airplane55

    airplane55 New Member

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    Let's see what Playtech offers in the near future!!
     
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    Biti

    Biti Active Member

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    Their tactic is now a bit different. They're making deals with (state) monopolists and strong market leaders in different countries. I think their success depends a lot on the success in the future of this monopolists. They also offer landbased products which is interesting.

    Pure on online slots, they cannot compete anymore.
     
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    PROFRBcom

    PROFRBcom Rakeback affiliate and professional poker player.

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    From what I understand there is a ton of game duping in the Asian markets. People just blatantly copying their games and using them on B&M gaming terminals.
     

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