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MIXTV will fire all its employees, some of whom Playtech will hire.
Also, Win Gaming's UK-based subsidiary, Two Way Gaming Ltd., will obtain a non-exclusive license for Playtech software products.
Today, in an unrelated deal, Playtech signed an agreement with Italian gaming site Snai, which becomes Playtech's first Italian licensee on its Italian poker network. Snai will receive all of Playtech's portfolio of tournament poker games. Playtech customized the games for the Italian market, including translation and currency conversion.
Playtech closed at â?¤5.03 yesterday, giving a market cap of â?¤1.2 billion.
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