Similar Stories to Uk’s Playtech Shares Soar After Saga With Mexican Gambling Operator Concludes  on Bing News

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.

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BING NEWS:
  • Playtech shares soar as it strikes a deal with Mexican gambling operator
    The gambling technology group said the deal will see them obtain a 30.8% equity stake in Cali Interactive, the new holding company of Caliplay.
    09/16/2024 - 1:13 am | View Link
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