Playtech Stock

Playtech, the gambling software developer, will this week end one of the longest boardroom searches in recent corporate history when it announces that it has raided a rival industry player for its new chairman.

Sky News has learnt that Playtech will announce that Brian Mattingley has agreed to become the long-term successor to Alan Jackson, who said he was stepping down almost two years ago.

Mr Mattingley will join from 888 Holdings, the online gambling group, where he has spent 15 years on the board.

The recruitment of an experienced industry figure is likely to please Playtech shareholders, ten months after Claire Milne was installed in the role on an interim basis.

Playtech Stock Forecast

X Notice: The Short Interest Tracker is based on data sourced wholly from the FCA's daily short positions report.The information on this website is provided for information only. Mar 04, 2021 Brian Mattingley has been appointed Non-Executive Chairman of gambling software technology provider, Playtech. Mattingley will succeed Claire Milne as of 1st June 2021, as he steps down from his role as Chairman of 888 Holdings Plc. Claire Milne had served as Interim Chairman since May 2020. Mar 03, 2021 Playtech mentioned in the official announcement that the company is planning to take advantage of the broad experience of Mattingley to focus on growth. Founded in 1999, Playtech is listed on the London Stock Exchange and has nearly 6,400 employees across 24 countries. Playtech Samurai Platinum Gaming PC Intel i5 10400F RTX2060 6GB DDR4-16GB RAM 1TB Nvme SSD WIfi+BT Win 10 Home Great headset, far beyond expectations for the price.

People close to Playtech pointed out that the search for a permanent chair had been paused because of the COVID-19 pandemic, with one investor suggesting that Mr Mattingley was 'not an unexpected choice'.

Playtech's shares have performed strongly over the last year, almost doubling to give the company a market capitalisation of almost £1.5bn.

Playtech Stock London

However, the company has been beset by corporate governance concerns for years and has found itself embroiled in a string of rows over boardroom pay.

In a recent trading update, it hailed its entry to the key US market alongside ongoing talks to sell its financials division, Finalto, for up to $200m.

It plans to announce its annual results next week.

Neither Playtech nor 888 would comment on Tuesday.

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(Sharecast News) - Gambling technology firm named 888 Holdings' Brian Mattingley as chairman designate on Wednesday, with his appointment set to take effect on 1 June.

Mattingley will succeed Claire Milne, who has served as interim chairman since May 2020, and has extensive experience in the gambling and leisure industries.

Milne said: 'In selecting the new chair, we wanted to appoint an individual with significant online gambling experience and a track record of delivering high levels of corporate governance and stakeholder engagement in a highly regulated and fast-growing industry.

'Over the course of the last 30 years Brian has delivered strongly in these areas and has been at the forefront of the development of our industry. We are delighted that someone of Brian's calibre is joining the Board and look forward to benefitting from his experience to support our continued progress and growth.'

Playtech Stock London

Over at 888, Jonathan Mendelsohn will take over as chairman on 31 March, while Mattingley will remain available as a consultant to the group until he moves on to in June.

As of 0820 GMT, shares were up 1.78% at 497.50p, while 888 shares were 1.99% higher at 308.0p.

Playtech Stock Price

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