A £3 billion bidding battle for Playtech looks increasingly likely after a consortium led by Eddie Jordan, the former Formula One tycoon, became the third suitor to throw its hat into the ring.
The gambling technology group confirmed that JKO Play, controlled by Jordan and Keith O’Loughlin, a former executive at Scientific Games, had requested access to due diligence information before a possible bid.
JKO, which has financial backing from Centerbridge Partners, is up against Aristocrat Leisure, an Australian group that last month made a recommended 680p-a-share offer for Playtech, and Gopher Investments, a consortium of Asian and American investors.
Playtech, which was founded in 1999, supplies gambling software to many of the world’s biggest operators. Since its flotation in 2006, it has
