Playtech’s decision to sell its financial trading division, Finalto, to Gopher Investments for $250 million is a pretty strategic move. Since Gopher is already Playtech’s second-biggest shareholder, this deal feels like it could tighten their influence over the company while allowing Playtech to focus more on its core gaming business.

With the board’s unanimous support, it looks like there’s confidence this sale will benefit all parties. Of course, finalizing in the first half of 2022 will depend on regulatory approvals, which are always a key factor in these deals.