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Playtech’s successful quarter of the year
 November 12, 2008, 5:20 am (2 years ago)It's been an additional flourishing quarter for online gambling software supplier Playtech plc, which this week reported accounts for quarter three 2008 and for the 9 months to finish September 2008.
The company says that it has altered its reporting currency to the Euro, converting every prior US dollar figures at a flat rate of $1.5777 to the Euro.
Quarter 3 incomes climbed sixty seven % to Euro 28.5 million (Q3 2007: Euro 17 million) Casino incomes summed Euro 20.6 million, an augment of sixty nine %; poker incomes were as well increased to Euro 7.6 million, an rise of sixty % throughout the same period in 2007.
The sum of incomes for the 1st nine months of 2008 were Euro 80.1 million - up seventy eight % from the Euro 44.9 million produced in the 1st nine months of 2007. During the 9 months, casino incomes went up by seventy five % to Euro 57.3 million and poker incomes grew by eighty eight % to Euro 21.5 million relative to the same period in 2007.
According to Management, recent trading in the beginning of Q4 in October was incredibly strong, marking 10.6 % increase on an average daily basis in its online activities corresponding to the daily standard experienced throughout Q3 2008. November trading, to date, has shown additional increase on October 2008.
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