Playtech Buys Online Bingo Specialist Eyecon for £50m

[kreslik.news]

London listed gaming and financial industry giant Playtech (LSE: PTEC) has just announced the acquisition of Eyecon, a specialist supplier of online gaming slots software, for a maximum total consideration of £50 million.

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Eyecon has a particular focus on bingo with an established portfolio of over 70 games, including the popular ‘Fluffy Favourites’. Eyecon currently derives almost all of its revenue from the UK market and almost all of its revenues are fully regulated.

Eyecon has also developed its own Remote Gaming Server (RGS) which enables it to ... (read more)