Playtech Issues Pre-close Trading Update

PLAYTECH ISSUES PRE-CLOSE TRADING UPDATE

27th June, 2013 at 05:56:50
Source: http://www.azonlinecasinos.com

Trading in line with expectations, says online gambling content provider

Online gambling software provider Playtech plc issued a pre-close trading update Thursday covering the three months ended June 30 2013.

The company says that the second quarter is traditionally a quieter period, but that trading has continued in line with expectations and is slightly ahead of the 10% reported to the market on 25 April.

"Management continues to be confident of achieving its financial objectives for the year," the update notes, adding that following Playtech's move to a Premium Listing on the Main Market, it no longer will be reporting Q2 and Q4 KPIs, reverting to the standard practice of reporting interim and full year results with intervening interim management statements and pre-close trading statements.

Playtech's interim results for 2013 and a trading update are expected to be announced on Thursday, 29 August.

Playtech has accrued a number of acquisitions over the past 12 months, most notably for it's online casino software platform. See AZOC's data directory for a details of new Playtech casinos and of prominent existing licencees of their games.

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