Bloomberg News

Playtech ‘Highly Acquisitive,’ CEO Says; Facebook May Give Boost

May 02, 2012

Playtech Ltd. (PTEC) Chief Executive Officer Mor Weizer says Facebook Inc. (FB:US)’s share sale on the stock exchange will boost social gaming and the company remains highly acquisitive.

“We remain highly acquisitive,” Weizer said in a phone interview today. “We see some opportunities, given that the market is undergoing regulatory change. I see reports that Facebook may be floating in mid-May that will give a boost to social gaming.”

Weizer added that he expects the U.S. make a “lot of progress” this year toward regulating gambling.

To contact the reporter on this story: Colm Heatley in Belfast at

To contact the editor responsible for this story: Douglas Lytle at

Toyota's Hydrogen Man

Companies Mentioned

  • FB
    (Facebook Inc)
    • $79.88 USD
    • 1.48
    • 1.85%
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