Playtech Raises $315M In Convertible Bonds, Mulls Acquisitions

November 16, 2014 | Playtech, the Israeli gaming software development company, will raise $315 million via a convertible bond issue, which will be used, according to reports, for acquisitions and ‘organic opportunities.’ Some reports also suggested that Playtech could be mulling the acquisition of Bwin, an online gaming platform that allows betting in real money. Playtech is owned by Israeli Teddy Sagi and is publicly traded on the London Stock Exchange (AIM).