Playtech adds Another Member to Canaccord Partnership

Publish: 30.01.2017

Canaccord Genuity Group Inc. has been enjoying a fruitful partnership with one of world’s leading game developers Playtech for quite some time.

Cannacord Given Competition?

The wealth management and brokerage company Canaccord, which is the largest investment dealer in Canada, has been focused on Playtech’s growth for years, but the gaming company has now decided to add another member to its brokerage team.

Namely, it has been announced that Goodbody has been appointed as joint corporate broker and adviser to the company.

The Ireland-based firm’s addition comes as just another change in the line to Playtech’s senior management team, which have occurred lately.

Alex Latner has been announced as the company’s new general counsel, whereas Playtech also made Ron Hoffman their new Financial Division Chief Executive.

Changes at Playtech Continue

And in one of the company’s latest moves, Playtech have decided to renew its bingo and games contract with Rank Group’s Mecca Bingo.

The successful partnership between the two sides has been given a new multi-year contract extension, which will allow Playtech to retain the position of the exclusive bingo and games provider for Mecca Bingo.

Playtech’s deal with Mecca Bingo also includes the company’s Open Platform, which will present the UK-based operator of 86 bingo clubs located across major cities and its customers with a chance to choose from a selection of Playtech and third-party games in Mecca Bingo’s player base.

Playtech has been enjoying its partnership with Mecca Bingo since 2006 and the vice-president of Playtech’s UK operation Daniel Phillips did not hide his excitement over the deal extension.

“The network is performing well with stakes and active players at their highest levels, and our licenses have made a great start to 2017. Mecca is one of those and we are pleased to continue with our long-standing relationship”, he said.