Playtech Expects Full Year Results Will Be Ahead Of Estimates

PLAYTECH EXPECTS FULL YEAR RESULTS WILL BE AHEAD OF ESTIMATES

30th January, 2014 at 04:01:00
Source: http://www.azonlinecasinos.com

Rollout of products specifically focusing on mobile and sports verticals working well.

Online gambling software developer Playtech plc has issued a post-close trading statement confirming that the company has continued to perform strongly in the fourth quarter and expects to exceed analyst expectations for the full year.

The statement notes that Playtech has completed the rollout of further products, specifically focusing on its mobile and sports verticals both in Europe and elsewhere, as part of a strategy to further diversify its business and create the building blocks for future growth.

In line with its strategy, the company has continued to strengthen its position by signing new licensees and cooperating closely with existing licensees ahead of major sports events later this year.

CEO Mor Weizer says it is the Board's expectation that both total revenues and adjusted EBITDA for the full year will be marginally ahead of current analysts' consensus.

Related News Tags:



« News index »



PLAYTECH'S BGT SPORTS EXTENDS BOYLESPORTS DEAL

28th March, 2017 at 19:47:54
Four-year agreement includes installation of additional 325 terminals

MARVEL GAMES TO DISAPPEAR FROM PLAYTECH OPERATOR SITES AT THE END OF MARCH

25th March, 2017 at 08:38:18
Many popular slot titles affected...but replacements are ready to go.

ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?

24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?

PLAYTECH FOUNDER SELLS 4 PERCENT SHARE

15th March, 2017 at 16:08:44
Further sales subject to a lock-up agreement until end May 2017.

PLAYTECH LIVE DEBUTS GRAND ROYALE FLAGSHIP BRAND

15th March, 2017 at 16:08:44
First of a series of new concepts is deployed.