Human Rights and Modern Slavery

Human Rights and Modern Slavery Statement 2017/2018

Statement on Human Rights and Modern Slavery Act

2017/2018

Business Overview

Playtech is the world's largest supplier of online gaming and sports betting software. Playtech plc is the parent company of the Playtech group (the “Group”) and the head office is in the Isle of Man. The Group has more than 5,000 employees located in 17 countries.

The Group supplies gambling software and services to more than 140 licensees globally, including many of the world’s leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Additionally, the Group’s Financials division is an established and growing online CFDs broker and trading platform provider under the brand markets.com, which is available in more than 100 countries.
 

Commitments

The Group is committed to upholding human rights in its operations and supply chain. This is a core element of the Group’s overall commitment to responsible business practices.

The Group supports and adheres to 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.

This statement is made pursuant to Section 54 of the Modern Slavery Act 2015, and sets out the steps which the Group has taken during 2017 as well as plans for 2018.
 

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.
 

Risk Assessment

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 salient human and labour rights issues are related to employment, data protection, procurement of goods and services, as well as anti-money laundering (ensuring that individuals involved in human trafficking and slavery are not laundering their money through the Group’s operations). In addition, the Group continuously reviews these issues as part of its risk assessment and due diligence processes.

The Group has also introduced a compliance risk assessment procedure for licensees which includes a section on human and labour rights risk. This will be conducted on an annual basis.
 

Policies on Slavery and Human Trafficking

In 2017, the Group updated its Business Ethics Policy and Anti-Money Laundering & Counter-Terrorist Financing Policy to reflect the Group’s commitment to protecting human and labour rights and mitigating the risks of modern slavery.

The Group will be reviewing procedures for suppliers including the due diligence requirements, including a Supplier Survey which requires the supplier to provide details of any policies, procedures, statements or programs it has in relation to human and labour rights (including modern slavery).

In 2018, the Group will evaluate the implementation of Business Ethics Policy and Anti-Money Laundering and Counter-Terrorist Financing Policy to establish if there are any areas where further work is needed on human and labour rights and modern slavery issues.
 

Due Diligence Processes and Supplier/Licensee Adherence

In 2017, the Group amended its risk assessment and due diligence processes to include human rights and modern slavery as a key element.

As outlined above, a potential licensee or customer now will be required to provide details of its human and labour rights policy and annual modern slavery declaration (where applicable) as a prerequisite to doing business with the Group.

The Group also strengthened its contractual requirements for third parties to include an explicit obligation on suppliers and licensees to conduct due diligence on all subcontractors, suppliers and other participants in their supply chains to ensure that there is no slavery or human trafficking in their supply chains.

In 2018, the Group will review the human rights and modern slavery information provided by both new and existing licensees and suppliers as part of its updated annual risk assessment, enabling a more detailed review of the Group’s supply chain.

Additionally, as part of the annual risk assessment, the Group will conduct analysis on specific risks and issues facing the business. This year’s focus is on human rights as it relates to the responsible use of data, privacy rights, and the use of artificial intelligence.
 

Communications, Training and Awareness

This statement will be disseminated to employees on an annual basis and will be available on the Playtech plc website and intranet.

During 2017, having previously identified key staff who required awareness and training on human rights and modern slavery issues, the Group initiated a human and labour rights training and awarenessprogramme for key functional roles including procurement, legal, HR and data privacy subject matter experts.

In 2018, the Group will look to expand the scope of the training and awareness programme to reach a broader range of relevant employees.

Lastly, the Group has an independent, safe and secure "Speak Up" line for employees to use to report any ethical or legal concerns. This was highlighted to employees during relevant training sessions.
 

Monitoring and Reporting

In 2018, the Group will continue to monitor and track these issues as part of its overall compliance risk management.

This statement was approved by the Playtech plc Board of Directors on June 19, 2018.
 

Mor Weizer, CEO, Playtech plc