This statement is made pursuant to Section 54 of the Modern Slavery Act 2015 and sets out the steps which Playtech has taken during the financial year ending 31 December 2018 and the first half of 2019 to prevent modern slavery from occurring in its operations and supply chain as well as plans for the future.
Playtech is one of the world's largest supplier of online gaming and sports betting software including business intelligence driven gambling software, services, content and platform technology.
Playtech plc is the parent company of the Playtech group (the “Group”) and the head office is in the Isle of Man. Details of the Group’s principal subsidiaries can be found on page 171-172 of the Annual Report (http://playtech-ir.production.investis.com/annual-reports/2018.aspx). The Group has more than 5,800 employees located in 17 countries. Playtech also owns and operates the leading sports betting and gaming brand in online and retail in Italy, Snai. Playtech's Financials Division, named TradeTech Group, is a technology leader in the CFD and financial trading industry and operates both on a B2B and B2C basis.
In its operations, the Group primarily procures technology and infrastructure products and services including software, hardware and data hosting services as well as professional advisory and support services.
The Group is committed to respect human rights across its operations and supply chain. This is a core element of the Group’s overall commitment to responsible business practices.
The Group remains committed to respect the principles embodied in the Universal Declaration of Human Rights, the International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work and the United Nations Guiding Principles on Business and Human Rights.
The Group is committed to ensuring that it is not complicit in the violation of human rights. This includes human trafficking and slavery which can occur in many forms, such as forced labour, child labour, domestic servitude, sex trafficking and workplace abuse.
Governance and Accountability
The Group's Risk and Compliance Committee has ultimate responsibility for reviewing the effectiveness of this statement.
Every employee has the responsibility to uphold the principles set out in this statement in addition to complying with the Group’s Business Ethics Policy. The Group requires all employees to adhere to these principles, and to all related policies, practices and procedures.
As a provider of software and services to the gambling and financial trading industries, human and labour rights and modern slavery issues do not pose the same level of risk for the Group as for companies in manufacturing or industrial sectors. However, the Group does note that the most material human and labour rights issues are related to employment, data protection, procurement of goods and services, as well as anti-money laundering (including ensuring that individuals involved in human trafficking and slavery are not laundering their money through the Group’s operations).
The Group will, at the end of 2019, conduct a firmwide human rights and modern slavery risk assessment as part of an annual compliance review.
In 2018, the Group updated its Business Ethics Policy to reflect the Group’s commitment to protecting human and labour rights and mitigating the risks of modern slavery. In 2019 the Group will continue to review implementation of the policies on a risk based approach, to establish areas where further work is required on human and labour rights, modern slavery and other potential business ethics issues, including in recently acquired parts of the business.
Due Diligence Processes and Supplier/Licensee Adherence
As the business evolves, we are continuously reviewing risks and their potential impact on the business. At the beginning of relationships with third parties, the Group continues to implement a process across its operations by which third parties are requested to complete a questionnaire as part of due diligence in its compliance risk assessment procedure. This process requires them to provide details of any policies, procedures, statements or programs they have in relation to human and labour rights (including modern slavery). Through this due diligence process, Playtech assesses such third parties’ commitment to upholding human and labour rights.
Playtech continues to encourage its licensees, suppliers and other business partners to act in accordance with international human rights standards. The Group has continued to include contractual requirements for its third parties to explicitly oblige the suppliers and licensors in their supply chains as well as the rest of the commercial ecosystem to adhere to human rights and modern slavery regulations.
Playtech has begun to implement this approach at the Group level and will focus its efforts in 2019 and 2020 on implementing a consistent approach across its operations and subsidiaries, including recently acquired businesses. Playtech will also review the effectiveness of its approach.
Communications, Training and Awareness
This statement will be available to employees and stakeholders on the Playtech plc website and intranet. Our commitment to training and building awareness with regard to human rights and modern slavery matters is also referenced in the Group’s Business Ethics Policy
During 2018, the Group held human rights training and awareness for key functional roles including procurement, legal, HR and data privacy subject matter experts. In 2019, the Group will deliver a refreshed and expanded training and endeavour to reach a broader range of relevant employees and senior managers, particularly employees in recently acquired businesses.
Lastly, the Group continues to promote an independent, confidential "Speak Up" line for employees to use to report any ethical or legal concerns. This is highlighted and discussed with employees during annual compliance training. To date, there have been no human rights and/or modern slavery issues raised via this channel.
Monitoring and Reporting
In 2019, the Group will continue to monitor and track potential human rights and modern slavery issues as part of its overall compliance risk management programme, and is in the process of reviewing relevant key performance indicators (KPIs) for future reporting. This statement will be updated on a yearly basis to reflect our ongoing commitment.
This statement has been formally approved by the Board of Directors on June 28, 2019.
Chief Executive Officer