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Playtech's Rapid growth
July 17, 2008, 10:41 am (3 years ago)Playtech plc, the online gambling software provider, presented its Q.2 exchanging information and main performance pointers this week, indicating constant increase and a purpose to look for further achievement and partnerships.
"The second quarter of 2008 was a further important time of increase for Playtech," said Mor Weizer, the CEO of the company, profits of $42.4 million, reporting an boost of 75 percent on the equivalent quarter in 2007 and a nine percent growth on the earlier quarter.
"This stage of routine, mainly taking into account the effect of the Euro 2008 football tournament and customary seasonality, is extremely remarkable with licensees keep on winning relative market share. For the year to date, total profits have grown by 85 %. The Company has had an excellent start to July with additional growth in both casino and poker. With natural increase and the launch of new licensees in Q3 and beyond we are waiting for a strong quarter and the Board is highly positive about the outlooks for the full year."
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