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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Playtech - Gaming software firm benefiting from online surge

August 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PTEC
  • Price:
  • 413p
One of my abiding memories of family summer holidays in Torquay were trips to the local Coral Island amusement arcade which had an abundance of slot or fruit machines to enjoy. This was back in the early 1980s and each of the three reels included 22 symbols allowing 10,648 combinations, so a bit of a long shot, but for anyone winning the jackpot, that prize was limited to 20x the original bet. That compares to now where online casino, poker and slots games can link millions of players together  across multiple countries and different gaming operators, which increases the pool of liquidity and results in mega jackpots. Playtech, the subject of this article, provides software and services to gaming operators such as Entain (the forme ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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