Comment on UK’s Playtech shares soar after saga with Mexican gambling operator concludes 

UK’s Playtech shares soar after saga with Mexican gambling operator concludes 

Playtech, the United Kingdom gambling giant, has seen its shares soar 14% after a saga with Mexican operator Cali Interactive ended. The ongoing talks and disagreements between both parties resulted in a stalemate in the deal to settle the rights to a joint venture, Caliplay. Initially, Playtech sought legal support to challenge the Mexican operator’s non-payment of fees for software and gaming licenses in a London court. In October 2023, Caliplay launched a reciprocal legal proceeding in the 46th Civil Court of Mexico City to annul its contract with Playtech.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News