By Kyle Morris

Playtech PLC said Wednesday that it has noted recent media speculation on its future strategy and that it reiterates its recommendation that shareholders vote in favor of the offer from Aristocrat Leisure Ltd.

Sky News on Tuesday reported that the company was investigating plans to break it up and sell its operations if a vote on the Aristocrat Leisure takeover next week fails.

The gambling technology company said Wednesday that while it has made strategic and operational progress and is in a strong position, Aristocrat's bid is an attractive opportunity to accelerate the delivery of Playtech's longer-term value.

Write to Kyle Morris at kyle.morris@dowjones.com

(END) Dow Jones Newswires

January 26, 2022 02:47 ET (07:47 GMT)

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