Reginal Thomas
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Playtech Looking to Take Advantage of More People Gambling on Their Mobile Devices


Playtech, the gaming software developer is looking to spend $800 million on acquisitions, so it can make the most of the increasing number of people using their mobile devices and tablets to bet on bingo and sports. 

The company has no debt, and over $100 million in credit if it needs to use it. As we have seen with Apple, innovation is the name of the game and the faster you can come up with it the better it is for you. So it will be interesting to see what Playtech does in the next couple month to take itself to the next level.