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Playtech Exposed in Defamatory Campaign Against Evolution AB

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Playtech Exposed in Defamatory Campaign Against Evolution AB

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Evolution Gaming Group AB ( (SE:EVO) ) has shared an announcement.

Evolution AB has revealed that Playtech Software Limited, a subsidiary of Playtech Plc, was behind a defamatory smear campaign orchestrated by Black Cube, which aimed to damage Evolution’s business and reputation. The campaign involved the creation and dissemination of a false report that led to significant financial harm for Evolution. Despite legal challenges, Playtech’s involvement has been confirmed, and Evolution is pursuing accountability for the damages caused by this anti-competitive act.

The most recent analyst rating on (SE:EVO) stock is a Buy with a SEK1000.00 price target. To see the full list of analyst forecasts on Evolution Gaming Group AB stock, see the SE:EVO Stock Forecast page.

More about Evolution Gaming Group AB

Evolution AB is a leading B2B provider and innovator in the online casino gaming industry, focusing on delivering cutting-edge gaming solutions to its clients worldwide.

Average Trading Volume: 545,476

Technical Sentiment Signal: Sell

Current Market Cap: SEK147B

For a thorough assessment of EVO stock, go to TipRanks’ Stock Analysis page.

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