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.

Topics:  united kingdom   mexican   london   in october   civil court   mexico city   caliente interactive   states   emilio hank   chairman   mor weizer    with   americas   europe   b2b   image   uk s   readwrite   playtech   cali interactive   caliplay   mexico   caliente   uk    the   contract   technology   gaming   legal   terms   agreement   parties   leading   set   strong   support   software   fees   

 

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