Playtech Announces Record Figures

Sunday November 11, 2007

Online gaming software specialists Playtech PLC have pleased their investors with their Q3 2007 results which display their highest monthly revenues. The company reported total revenue as $26.9 million which was an 81% increase of Q3 in 2006.

These are record figures for Playtech PLC since being hit by the UIGEA last year, and have rocketed share prices to 381p, which is an increase of almost 10%. The have been put down partially to the popularity of their online network iPokerNetwork, since poker revenue has increased by 266%.

Playtech continue to expand their provision through high profile licensees such as Casino.com, Bet365 Casino and Mansion Casino. Further rises in revenue are expected, with analysts predicting a price tag up to 600p if the expansion into the Asian market is successful.