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LAUNCHES
LAUNCHES
PokerStars has launched the
‘Boom!’ hand replayer, a tool which allows players to share their winning poker hands with friends via social networks.
PLAYTECH IN SOCIAL U-TURN
Acquisition of Teddy Sagi’s social assets switched to licensing agreement
Playtech has altered its deal with majority shareholder Teddy Sagi to only license social assets in which he has a bene?cial interest, just a week after announcing it would purchase a stake in them outright. The MoU concerning Playtech’s social-focused deals for Sagi-owned Viaden and CTXM – as exclusively revealed by eGaming Review – will now be amended to take the form of a licensing agreement rather than an outright purchase, as the software provider pushes for a listing on the main market of the London Stock Exchange. Playtech did not reveal the reasons behind the change in its ?rst quarter results last month. However, eGR understands the swift u-turn on acquiring more of Sagi’s assets is due to transparency issues raised in part by several analysts when the social investments were announced on April 16. Analyst Simon French of Panmure Gordon said the announcements would “reignite concerns over related party
transactions”. French reiterated his concerns surrounding the company’s deals with Sagi and today retained his ?rm’s ‘Hold’ recommendation explaining “[F]lip-?opping around the terms of the social gaming investment underlines our concer ?2?fW"&V?FVB'G?G&?67F???2?( ???6?&G&????7Bv?F?VV??V?B?FFVC?( ???F?V'BF?RFV6?6?????BF?&?6VVBv?F?F?R7V?6?F????b76WG2g&??FVG?6v?v???w&"????bF?R?VF??W2??BF?B?2F?RF??V??v?V?6??6?FW&??r???fW7F?V?B????FV6??( ?F??2?2??BF?R??'7BF??R??FV6??27V?&VB6??R?b6v?( ?276WG2f?"6??6?FW&&???&RF???R?Bf?"F?V?????&6??7B?V"F?R6???????V?6VB?Bv?V?B7V?&R6v?( ?2BGW&??W?6W'f?6W2?F?R???F??r6????f?"WW&?'F?W'2???R?bF?R?&vW7Bff??FR&?w&??W2??Vv??r?f?"????F??fVR?b(*?C?v?F?F?R6????6???WF??rF?RFV????V??Bw&VV??rF?66?V?FVBfVR??&???b?W7B?fW"(*?#??????26WBF?&Wf?fR?G26?6???&??F????W72F???V"gFW"?L*v2v?fV?C#?w&?FVF?v?*'?F?Rv?'&?F"??6V?6VB?W&F?"??fRFV?W"FV6?????w?&?f?FW"Wf??WF???v??r?2W?FV?FVBv????????????^( ?2?fR66????ffW&??rv?F?F?R?V?6??bFVF?6FVBd?&V??"?2&???VB?WB?Wr( ?f7N( ?F?v???BWF?V?v?BF??W2f7FW"F???G2&Wf??W2fW'6????F?R4B??W"?W&F?"?26?B?V??FVB7FFW2?f6??r66????W&F?"?t?v???6???&????WB6?6??v??r6?FRW?6?W6?fV?fVGW&??r?G2'&?G2?6?6??v??rFWfV??W"6??v??2F??V?6??G2f?'7B&V????W?????Rv?W2??F?RT?F??27V??W"?F?R6?????2??F?2v?F?WW&?V?'F?W'2???6???W"?26WBF?'&V?v?g&??&V?B?WGv?&??W&vR2?B6??6W2????F?R7V?6?F????b76WG2&V???v??rF?F?R6?R?WGv?&?? * ???D%$??U2u$TU2?uBt?U25UŒDT???F'&??W2v???&R&?RF?6???6Rg&???B?ffW"???b?uN( ?2?Wr6??FV?@??F'&??W2?26?v?VBFV?v?F???FW&?F????v?RFV6?????w???uB?F?Bv???6VRF?RT??W&F?"6V7W&RF?R&?v?G2F???FVw&FR?B?ffW"F?R7W?W.( ?2&W7B?b'&VVB????Rv??r&?GV7G2??F'&??W2v???&R&?RF?6???6Rg&???B?ffW"???b?uN( ?2?Wr6??FV?B??B6?B??7FFV?V?B?F?R??'7B7FWv???6VR?B??FVw&FR?uN( ?2&V??FRv??r6W'fW"?v??6??v?V?6???WFR?v???&?f?FR?G27W7F??W'266W72F???&RF???bF?R7W?W.( ?266????B6??Bv?W2?F?Rw&VV?V?Bv????6?6VR?F'&??W2?6??W??B?G2&?vR?bv?W2v?F?B?V7B3?Wrv?W2GVRF??V?6???4?t??U0?'v???'G?7G&V?wF?V?VB?G0??FV?F???W&F??r?vW"??F?RU26??V?B7FFR?'??7FFR&VwV?F???72'?6?v???r?V"#$"????R??W"FV?v?F???R?b6?f?&?? ( ?2?&vW7B?F?fR?W&?6?G&?&W2?F?RV??FVBV'W&??&WGvVV???r?BF?RV?B?bF?R?V"??6?VF??rF?F?W27V6?2Ff??6?F????G2?v??b'V?????????B??&?B?&?6?&B?W2??F'&??W2F?&V7F?"?b&?GV7B?6?B?F'&??W2?2( ?6???GFVN( ?F?v?&???rv?F?F?R&W7Bv?W27W?W'2??F?R??GW7G'?F?V?7W&R?G27W7F??W'2?fR66W72F?F?R'&?FW7B?B&W7B&?vR?bv?W2?( ?vR&R?V6VBF?B??F?R6???rvVV?2?W"7W7F??W'2v????fR66W72F?WfV???&R?bF?R??7B?V?"v?W2??F?R?&?WG?6R?BF?BvRv????fRF?R?F???F??ffW"???Wr?uB6??FV?BF?7W7F??W'2??F?RgWGW&R?( ??RFFVB?&??w&?W&V6?VB6??F?F????w&VV?V?BF?7V?&Rv?6?&?( ?2#2??B?&6VB66???2f?"7V??b *3#V??6??R *3CV??W72F??F?Rf?wW&Rf?'7B???FVBv?V?F?67W76???2&WGvVV?F?R'F?W2&Vv?????V'?F??2?V"?6????v?W26?gGv&R&?f?FW"v?T66?V?B?WGv?&?W?FV?FVB?G26???W&6??'F?W'6??v?F?FG??vW"F?6?fW"F?R&VwV?FVB?F???&?WB?`??wwr?Vw&?v???R?6???