The industry developer Playtech, just announced that they acquired the provider ECM Systems. The popular UK-based software provider says that they paid out approximately £14 million for the overwhelming 90% of the currently shared capital of ECM Systems. The rest 10% remain in possession of the present CEO Allen Richardson, who will keep his position in the following three years. ECM reported a profit of £9 million and adapted EBITDA for £4.5 million for 2016, while companies such as Mecca Bingo and Gala Leisure are only a few of their current major clients.
They provide efficiency for Cash Bingo and Main Stage Bingo and more, while their customer service provides technical services for all legacy and present products. Playtech stated that this acquisition “provides omnichannel solutions to the bingo operators by connecting their retail and online operations as well as providing a platform to supply Playtech content”.
Currently, ECM is among the leaders in the bingo hall sector, which includes the extensive range of mobile devices, which enables the players to be entertained by a digital experience in a common retail environment. According to Playtech’s current chief executive, this is a crucial step in expanding and strengthening the Playtech One offering in the bingo sector as they are looking forward to work with everyone in the ECM team including Allen Richardson.