Playtech set for break-up after investors scupper £2.1bn takeover bid  

Recommended

• Gambling firms halt TV and radio ads during lockdown
• Gambling firm Betway hit with record £11.6m fine
• Gambling firm Mr Green fined £3m for failing to protect addicts
• Gambling show criticised for ‘disrespectful’ use of female models

Its inquiry found that between 26 December 2016 and 12 April 2017 - when the customer's “Winner” account was suspended due to his death - he had a net loss of £34,068.

On December 29 2016, an internal email was sent stating that the customer had lost £22,000 and that PTES did not know his occupation.

The commission said PTES gave “no consideration” to problem gambling checks and instead emailed him an invite to take part in a promotion to win more than £3.7 million.

It also found that he lost £119,395 between April 1 and 5 2017 - with PTES failing to verify whether he could afford to play, the commission said.

PTES could have faced a fine of at least £3.5 million, but was not required to pay as the company surrendered its operating licence during the investigation, the commission added.

However, Playtech, its parent company, pledged to donate £5m to mental health and gambling-related harm charities over the next five years as part of its strategy to promote better online health.

PTES also donated £619,395 to charity.

In a statement, Playtech said the decision to close its Titan and Winner brands was taken before it was notified of the investigation, while PTES's licence was already due to expire in October 2019.

Neil McArthur, the commission's chief executive, said: “This is a tragic case which came to light after I was contacted by the family of the young man who very sadly took his own life.

“Although PTES has ceased trading we decided to complete our investigation and publish our findings, as the lessons from this tragic case must be learned by all operators.

“Our investigations into the role played by key individuals at PTES are continuing. As such, it would be inappropriate to say more about the specific case at this time.”

Mr McArthur said the case highlights why the management of so-called high value customers “has to change”.

He added: “Operators must do everything in their power to interact with customers responsibly.

Microgaming

This is a reliable software developer that runs its operations from the Isle of man. It has been existing since 1994 and has managed to become a force to reckon with today. The developer is known for tons of leading online slot games, including progressive jackpot slots like Mega Moolah, known for its life-changing payouts.

You can expect to find amazing features in Microgaming slot titles, including wilds, scatters, and free spins. The game releases from this developer also come with amazing graphics and sound effects that players can't do without.

Best 10 New Online Slots

To help you find some of the best new online slots, we compiled the below list of top-rated new online slots.

All values are subject to change at anytime.

100 EXTRA SPINS

Senate Majority Leader Files Bill Seeking to Suspend Online Gambling in the Philippines

Payment Method	Deposit	Withdrawal
	Visa Card	YES	YES
	Mastercard	YES	NO
	InstaDebit	YES	YES
	PayPal	YES	YES
	Skrill	YES	YES
	PaySafeCard	YES	NO
	Citadel	YES	YES
	Neteller	YES	YES
	Sofort	YES	YES
	PayForIt	YES	NO

• About
• Contact Us
• Authors
• Privacy Policy
• Terms & Conditions
• Responsible Gambling

On CasinoGamesPro.com you can read the latest news from the iGaming industry and learn how to play some of the most popular casino games including: Slot Machines, Baccarat, Blackjack, Craps, Poker and Roulette.

The information found on this site is for educational and entertainment purposes only. CasinoGamesPro.com is not a gambling site and its owners do not manage or control any casino or poker rooms advertised on this site. We strongly advise that anyone using the information on this site ensures they meet all age and other regulatory requirements of the gambling laws in their place of residence before entering a casino or placing a bet.

Registered Office: Abbey House, 32 Booth St, Manchester M2 4AB; Phone Number: +4420 3745 6268

© 2022 Casino Games Pro. All rights reserved.

Maximum Casino

New Players Only.

200% bonus on your first deposit up to €1000

• Slots: 5 Men Gaming, Atronic Gaming, Bet Solutions, Bet2Tech, Betsoft, BGaming, Booongo, Casino Tech, Champion, CyberSlot, Endorphina, Gamzix

T&C's: Get your 200% to the deposit! Hurry up to activate our gift, deposit an amount of 40 EUR or more and get a 200% Bonus. Hurry up to use the bonus within 7 days from the date of registration. The wager for a gift is 35x. Don't miss your chance to get a generous present and hit the jackpot!

101 Roulette

101 Roulette is another really cool, unique game, which sees 101 numbers on the board, offering payouts of 99:1 for picking the right number. That means a £5 straight-up number bet returns a whopping £495!

All of Playtech’s Roulette games are Instant Play games, meaning you can play them right from your Internet Browser with no downloads, software installs or plugins required. Plus, thanks to the high-quality workmanship that’s gone into the game development, almost all of the titles render in stunning high-definition, allowing for a clear, crisp gaming experience.

Home

• > About us
• > Business Matters Podcast
• > Contact us

Investors scupper £2bn Playtech deal: Gambling firm set for break-up after takeover bid from Australian suitors Aristocrat Leisure is snubbed

By Calum Muirhead For The Daily Mail

Published: 22:08 BST, 2 February 2022 | Updated: 22:35 BST, 2 February 2022

• e-mail

1

View comments

The future of gambling software group Playtech has been thrown into doubt after investors rejected a takeover bid from Australian suitors.

Just 54 per cent of shareholders voted in favour of the £2.1billion offer by Aristocrat Leisure at a meeting yesterday, well below the 75 per cent needed for the deal to pass.

As a result, the 680p-per-share offer has lapsed. The outcome followed a warning from Playtech earlier in the day that the takeover was unlikely to be approved.

Bets are off: Just 54% of Playtech shareholders voted in favour of the £2.1bn offer by Aristocrat Leisure at a meeting yesterday, well below the 75% needed for it to pass

The business, which develops software for online casinos and betting websites, was founded in 1999 by Israeli tech/property billionaire Teddy Sagi.

Desert Treasure II – Best-rated (96.21% RTP)

If you’re looking for one of the best-rated slots from Playtech, look no further. Desert Treasure is a gorgeous game that nearly everyone seems to love. It could be the graphics, the music or the bonus features.

We think it’s the winning potential. The feature features tons of symbols, and almost all of them hand you free spins or cash. Treasure boxes, for example, earn you 100x your stake. In contrast, cobras activate the wilds and free spins.

Software of UK Slot Sites

Online slot sites do not create the slot games they offer by themselves. Instead, the games are powered by software developers who specialize in creating casino games. There are tons of developers today, but some of them have been able to perfect their art better than others. Here are a few of the leading developers you will find on a slot site:

Live Games

You will find Blackjack, Baccarat and Roulette games on the Live Casino platform, and these games are available 24 hours a day. They offer you the ability to place remote wagers directly onto land based gaming tables from the comfort of your own home, then sit back and watch the game play out in real time.

Three Card Brag

Another interesting game offered by Playtech is Three Card Brag, which you might also know as three card poker. This game is played with a normal deck of fifty-two cards, and basically, you have to beat the dealer.

The best hand you can make is three of a kind, followed by a straight flush, then a straight, then a flush, then a pair and then high card. Straights are actually more valuable than flushes, and three of a kind more valuable than straight flushes, because poker rankings are based on probabilities and when you are playing with three cards it is actually easier to make a flush than a straight, or a straight flush than three of a kind.

There is also an optional side bet that you can play, called pair plus, which gets paid if you make a pair or better. The payouts for this bet are

• Three of a kind 40:1
• Straight Flush 30:1
• Straight 6:1
• Flush 4:1
• Pair 1:1

There is also a bonus payout for the ante bet, which is as follows:

• Three of a kind 5:1
• Straight Flush 4:1
• Straight 1:1

In order to start, you must place a bet on either the pair plus or the ante. If you play the ante, you then get to look at your cards and decide if you want to play or not. If you want to play then you need to put up another unit.

The best strategy is to choose to with Q64 or higher. Interestingly enough you can choose to play just the pair plus if you want. If you decide to play the hand and put up the extra bet, then the dealer’s cards are exposed and you see if they qualify. The dealer qualifies with queen high or better. If the dealer does not qualify, you win only the ante bet.

If the dealer does qualify then you win if your hand is higher ranked than the dealer’s hand. The house edge for the main game is 2.01% and for the bonus bet 2.32%