Strong Growth In Playtech Trading Update

STRONG GROWTH IN PLAYTECH TRADING UPDATE

09th November, 2016 at 17:26:01
Source: http://www.azonlinecasinos.com

But revenue growth impacted by currency fluctuations.

In a brief H2/2016 trading update, Playtech reported continued strong growth in underlying daily average revenues which it said are moderately ahead of the first 55 days of H2 as reported at the time of the 2016 interim results in August.

Reported revenue growth in the same period has been impacted by the recent significant weakening of Sterling and other currencies against the Euro, Playtech said.

The company said its Financials division had seen positive signs of improvement in first time depositors and active customers in H2 2016 although overall performance has also been impacted by low market volatility.

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.