Jason Ader hails Playtech’s US prospects following Teddy Sagi divestment

SpringOwl founder says the provider is likely to get a New Jersey licence early next year

Activist investor Jason Ader has hailed Playtech’s US prospects following the news that founder Teddy Sagi has sold off his remaining share in the company. Ader said the divestment, which followed pressure from his SpringOwl investment vehicle, would speed up Playtech’s licensing process in the US. “Having gone through the process of licensing when I…

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