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Playtech Publishes Promising Half Year Financial Results

The internationally acclaimed software provider, Playtech, has disclosed its financial results for the opening half of the year. A total 18% increase for the six months ending June 30 was recorded – a figure which reflects the company’s ongoing bid for expansion in the industry. The first 54 days of the third quarter saw the brand enjoy a year on year increase in daily revenues exceeding 23%. The surge has been attributed to the company’s recent entry into the Italian gaming market following AAMS approval.

The leading software provider has revealed promising first half results for the opening six months of 2011.

The report, which has been welcomed by representatives of the company, makes reference to three major contract deals signed between H1 and the present time. The firm has already begun to enjoy the benefits of its recent purchase of PT Turnkey Services – a deal which came to fruition in July of this year.

In addition, the company has acquired the leading mobile corporation Mobenga – a move which will see the firm establish an important presence in the mobile gaming market at large. Playtech’s most recent 10 year supply contract with Gala Coral will also see a number of Playtech powered creations make their way into the online casinos.

Commenting on the future of the firm, Playtech CEO Mor Weizer said that the company was hoping to establish an even firmer presence in the mobile gaming sector. Playtech now boasts “new and existing operators a market leading suite of products and services”, he announced. Acknowledging the impact of delays in Californian intrastate regulation, Weizer remained confident that the company would assist operators in navigating “the complexities of changing regulatory environments.”

OCA News Editor