Playtech revenue rises on strong gaming division performance

7

Great news for gambling fans as Playtech, one of the largest casino tech developers, announced that their revenue is up by nearly 25% over the past year. This surge in revenue is credited by several factors including their flagship casino offerings, and a spate of casino related acquisitions.

Playtech’s reported revenue over the past 6 months was 421 million Euros compared to 337 million Euros over the same time period last year.

Playtech games can be found in online casino’s all over the world. One such example is Casino.Com which has the newest Playtech games in their extensive casino game library

Playtech is able to stay at the top of the casino game world by constantly releasing relevant and exciting casino games. Much of their success has come from online slots, as they continue to pump out new games. The hallmarks that casino players can expect from Playtech games are high quality graphics and smooth animations and great bonuses and features.

In addition to slots, they have also shown success with sports betting, poker, social casino games and table games such as online blackjack, roulette and craps.

According to Playtech chairman Alan Jackson the Playtech success can be attributed to their recent purchases such as Alpha Capital Markets and the development of their new brand TradeTech Group, both of which will focus on B2B and B2C markets.

The future continues to look bright for Playtech as the average daily revenue for the past 2 months has steadily climbed, despite it traditionally being a slow season. According to Jackson “Taken all together, this proven platform for growth across the business has again delivered a strong performance and management remain confident of further strategic progress in the second half of 2017.

Comments