Playtech Sinks as Evolution Says Rival Was Behind Smear Campaign
NegativeTechnology

Playtech's shares plummeted by 39%, wiping out over £400 million in market value, following accusations from Swedish competitor Evolution AB. Evolution claims that Playtech orchestrated a smear campaign aimed at tarnishing its reputation. This situation is significant as it highlights the intense rivalry in the gambling technology sector and raises concerns about corporate ethics and competition.
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