Playtech shares surge after agreeing to takeover by Aristocrat

[ocreditor]

A giant deal is cooking between Playtech and Aristocrat


https://www.ft.com/content/710db6fc-...3-74372825ae76

[drifter8]

Sounds interesting...

[AussieDave]

Given Aristocrat Technologies Australia Pty Ltd is an AU public company, that explains why Quickspin left the AU market, suddenly, a few months ago.

FYI, Quckspin is owned by Playtech

Next question... I wonder if Aristocrat has enough political pull (lobbyist power) to encourage the AU Gov., to reconsider its IGA 2017 igaming laws, and look into the possibility of licensing AU online casinos.

We could certainly use the tax revenue, given what covid has done to the economy.

[Pokerface]

This could be very interesting hopefully in the near future. Thanks AussieDave for your perspective .... fingers crossed.

[gil.langelaan]

Very intriguing.. Will see, will see

[Triple7]

given what covid has done to the economy.

Covid or the insane measures that the Australian government took (and takes)?

[baldidiot]

Next question... I wonder if Aristocrat has enough political pull (lobbyist power) to encourage the AU Gov., to reconsider its IGA 2017 igaming laws, and look into the possibility of licensing AU online casinos.

This would be very interesting if they could make it happen. Although guessing if they did then it would be similar to sports in not allowing bonuses?

[AussieDave]

This would be very interesting if they could make it happen. Although guessing if they did then it would be similar to sports in not allowing bonuses?

Lets face it, 99% of bonuses are rorts.

I 1'st gambled at an online casino in 1997, that was River Belle. Back then, the bonus had a 1x wagering (yes 1x)... By 2005, the majority of bonus wagering had inflated to 10x. It was still a fair enough option, where by players had a chance of beating the bonus.

Fast track now... It's not uncommon to see 40x, other instances are 30xD + 30xB... 60x.

That's just a total scam IMHO. However, worse, a large % of casinos are now restricting certain slot machines from play, if a bonus is in play... I mean WTF???!!! It's a slot machine. It's a a game of 100% chance.

Frankly, when any Gov., body enforces a NO BONUS rule of its licensed/regulated operators, it's a win for players!

[Triple7]

Lets face it, 99% of bonuses are rorts.

I 1'st gambled at an online casino in 1997, that was River Belle. Back then, the bonus had a 1x wagering (yes 1x)... By 2005, the majority of bonus wagering had inflated to 10x. It was still a fair enough option, where by players had a chance of beating the bonus.

Fast track now... It's not uncommon to see 40x, other instances are 30xD + 30xB... 60x.

That's just a total scam IMHO. However, worse, a large % of casinos are now restricting certain slot machines from play, if a bonus is in play... I mean WTF???!!! It's a slot machine. It's a a game of 100% chance.

Frankly, when any Gov., body enforces a NO BONUS rule of its licensed/regulated operators, it's a win for players!

I agree.

Besides wagering requirements, you're seeing nowadays also a lot of another requirements and restrictions. Maximum bets (sometimes even just € 1), excluded games, dozens of excluded slots, etc.

[spinmaster]

It can attract yonger players. I hope it will help that affiliate who work in AU market.

[Cash Bonus]

The Playtech shares surged to 55% after agreeing to the buyout. This will be very interesting to see how it will all eventuate.