Playtech plc
("Playtech" or the "Company")
Playtech signs five-year Sun Bingo deal
Virtue Fusion, Playtech's bingo division, has agreed a five-year deal with News UK to operate its Sun Bingo and Fabulous Bingo websites and mobile variants.
The sites will launch in August 2016 following the migration of existing players to Virtue Fusion's leading UK bingo network.
The agreement is aligned with Playtech's core strategy of supplying the world's leading operators, sportsbooks and media brands with market-leading software and services in regulated markets.
Sun Bingo was established in 2005 and is one of the UK's largest and most popular bingo sites.
Mor Weizer, CEO, Playtech, said:
"The Playtech-powered Sun Bingo will use cutting-edge technology to offer best-performing and highly innovative bingo and side games, with fantastic promotions and prizes and the industry's largest jackpots. This is a fantastic partnership that is aligned with our ongoing strategy of working with the best operators and media brands in regulated markets. We look forward to working closely with News UK to deliver a first-class product."
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For further information contact:
Playtech plc +44 (0)20 3772 2500
Mor Weizer, Chief Executive Officer
Ron Hoffman, Chief Financial Officer
c/o Bell Pottinger
Andrew Smith, Head of Investor Relations +44 (0)1624 645954
Bell Pottinger +44 (0)20 3772 2496
David Rydell, Olly Scott, James Newman,
David Bass
About Playtech
Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 14 countries.
Playtech is the gambling industry's leading software and services supplier with more than 120 licensees globally, including many of the world's leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.
It is the pioneer of omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.
Playtech's Financials division, run through its subsidiary Markets Limited (formerly called TradeFX), is an established and growing online CFDs and binary options broker and trading platform provider, operating a number of brands including markets.com. Its B2C focused offering is available in more than 100 countries and in more than 25 languages and is licensed and regulated in the EU and South Africa.