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New Deal


Announced

Completed

Playtech completed the acquisition of a minority stake in Hard Rock Digital for $85m.

Financials

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Transaction Value£70m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

United States

Single Bidder

Private

Gaming

Cross Border

gaming

Minority

Completed

Friendly

Synopsis

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Playtech, a gambling software development company, completed the acquisition of a minority stake in Hard Rock Digital, a vehicle for interactive gaming and sports betting, for $85m. “The Playtech team is thrilled to announce our strategic partnership with HRD. Hard Rock International has cemented itself as a marquee name worldwide, not just in gambling, but more widely in entertainment. HRD will combine the strength of this global brand with a proven management team, some of whom we at Playtech have known for many years and believe to be among the strongest in the online gambling industry," Mor Weizer, Playtech CEO.

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