Playtech hired intelligence firm Black Cube to investigate rival Evolution
Market Intelligence Analysis
AI-PoweredPlaytech hired Israeli intelligence firm Black Cube to investigate rival Evolution Gaming, escalating a dispute between the two companies. The investigation reportedly cost £1.8 million. Evolution has accused Playtech of using underhanded tactics.
Neutral to slightly bearish for Playtech's stock price, as the controversy may lead to a loss of investor confidence and potential regulatory scrutiny.
Article Context
Evolution escalates dispute, saying rival spent £1.8mn to hire Israeli agency founded by Mossad veterans
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