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Online Casino Technology Maker Shows Great Numbers

One of the leaders in online casino technology development, Playtech, had a very successful year so far. Playtech published its financial results for the first half of 2006, and they are looking good. Profits from online casino games had risen by a 129 percent, and profits originating from online poker gaming went up by a whopping 851 percent! With the online casino software provider showing these kinds of numbers, ‘a very good year’ is an understatement.

Playtech is one of the most popular online casino software providers in the world of online gambling, and is currently developing and supplying online casino technology for dozens of online casino sites. Playtech’s current report indicates that from casino gaming alone, the company made $40.4 million during the first half of the year, and that an addition $4.8 million cam from poker gaming, showing an incredible 851% rise. The company now has 42 active licensees, and there are more than a 100 sites working with Playtech’s technology.

The online casino technology developer marked an overall 139 percent increase to the total revenue yield by the company’s products. $46.2 million is the final figure in Playtech’s first half results. This shows that the world of online gambling is evolving in a rapid pace. If a company that develops new technologies and markets online casino software for online gambling had such a great year, it can only mean that online casino sites are constantly purchasing new technologies and looking for newer games an features. Online gambling keeps growing, and there is much fun to be made in the upcoming years.

OCA News Editor