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 cheatley@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net


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