{"id":107,"date":"2024-06-14T20:28:38","date_gmt":"2024-06-14T17:28:38","guid":{"rendered":"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/"},"modified":"2024-06-17T12:45:55","modified_gmt":"2024-06-17T09:45:55","slug":"aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal","status":"publish","type":"post","link":"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/","title":{"rendered":"Aristocrat to Acquire Playtech for $2.9 Billion in Gaming Megadeal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/J6jYgbwCZw8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## Gaming Behemoth Aristocrat Sets Sights on Playtech with a $2.9 Billion Acquisition<\/p>\n<p>A significant deal in the gaming industry is underway as Aristocrat, a leading gaming conglomerate, is set to acquire Playtech for a staggering sum of approximately $2.9 billion. The arrangement will grant Playtech&#8217;s stakeholders \u00a36.80 (US$9.35) in cash per share held. This offer represents a substantial increase compared to Playtech&#8217;s recent trading price.<\/p>\n<p>Aristocrat views this purchase as a catalyst to propel its expansion plan, especially within the flourishing online wagering sector. Projections indicate that global internet gambling revenue will reach a remarkable $112 billion by 2025. By merging Aristocrat&#8217;s extensive game catalog and loyal customer base with Playtech&#8217;s robust online gaming infrastructure and established European footprint, the combined entity will emerge as a formidable player in the industry.<\/p>\n<p>Aristocrat&#8217;s Chief Executive, Trevor Croker, highlighted the transformative nature of this merger. He stated that it would empower the unified group to capitalize on the vast opportunities presented by the rapidly expanding online gambling market, particularly in the North American region. Croker expressed confidence that this strategic move would generate enduring value for their investors.<\/p>\n<p>To finance the acquisition, Aristocrat intends to secure approximately AUD$1.3 billion through a share issuance priced at AUD$41.95 per newly issued share. <\/p>\n<p>Playtechs executive group noted that although the organization&#8217;s directors and a significant investor (holding almost a fifth of the company) support the buyout offer, a formal agreement is not yet in place. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## Gaming Behemoth Aristocrat Sets Sights on Playtech with a $2.9 Billion Acquisition A significant deal in the gaming industry is underway as Aristocrat, a leading gaming conglomerate, is set to acquire Playtech for a staggering sum of approximately $2.9 billion. The arrangement will grant Playtech&#8217;s stakeholders \u00a36.80 (US$9.35) in cash per share held. This [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Level Up! \ud83d\udd79\ufe0f Aristocrat Makes $2.9 Billion Playtech Bid<\/title>\n<meta name=\"description\" content=\"Gaming giant Aristocrat is going all-in with a massive $2.9 billion bid for Playtech! \ud83d\udcb0 What does this mean for the future of gaming? \ud83e\udd14\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aristocrat to Acquire Playtech for $2.9 Billion in Gaming Megadeal\" \/>\n<meta property=\"og:description\" content=\"Gaming giant Aristocrat is going all-in with a massive $2.9 billion bid for Playtech! \ud83d\udcb0 What does this mean for the future of gaming? \ud83e\udd14\" \/>\n<meta property=\"og:url\" content=\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/\" \/>\n<meta property=\"og:site_name\" content=\"Ultimate Online Casino Experience | Licensed, Secure &amp; Thrilling\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T17:28:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:45:55+00:00\" \/>\n<meta name=\"author\" content=\"Olivia &quot;Clover&quot; Davis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Olivia &quot;Clover&quot; Davis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/\",\"url\":\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/\",\"name\":\"Level Up! \ud83d\udd79\ufe0f Aristocrat Makes $2.9 Billion Playtech Bid\",\"isPartOf\":{\"@id\":\"https:\/\/islandreelsnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-14T17:28:38+00:00\",\"dateModified\":\"2024-06-17T09:45:55+00:00\",\"author\":{\"@id\":\"https:\/\/islandreelsnodepositbonus.icu\/#\/schema\/person\/0629d8597fd8c275c67d24f12000c985\"},\"description\":\"Gaming giant Aristocrat is going all-in with a massive $2.9 billion bid for Playtech! \ud83d\udcb0 What does this mean for the future of gaming? \ud83e\udd14\",\"breadcrumb\":{\"@id\":\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/islandreelsnodepositbonus.icu\/2024\/06\/14\/aristocrat-to-acquire-playtech-for-2-9-billion-in-gaming-megadeal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/islandreelsnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aristocrat to Acquire Playtech for $2.9 Billion in Gaming Megadeal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/islandreelsnodepositbonus.icu\/#website\",\"url\":\"https:\/\/islandreelsnodepositbonus.icu\/\",\"name\":\"Ultimate Online Casino Experience | Licensed, Secure &amp; Thrilling\",\"description\":\"Indulge in a world of online casino entertainment with our fresh news, honest reviews, and informative articles. 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