Playtech Online Gambling Folds on $700m Merger
29.11. |

The gambling software company Playtech has announced it is scrapping its planned $698million of Plus500 because of problems with regulatory bodies.

Their $105million deal for AvaTrade also looks likely to be shelved after the Financial Conduct Authority (FCA) was rumoured to be ‘anxious’ about Playtech’s founder and major shareholder, Teddy Sagi.

Source: pokertube.com

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