No recession for Playtech
02-01-2009
Online casino software suppliers Playtech, providing software to major industry names including Betfred and Titan Poker, have lately revealed their 4th-quarter 2008 “Key Performance Indicators” report. The report indicates record incomes.
Total incomes in the past 3 months of 2008 were €31.5 million, increased 52% from 2007's 4th quarter. Also the online casino and online poker businesses performed well too, both of them increased approximately 50%. In Asia-Pacific increase was an astounding 141%.
Chief Executive Mor Weizer stated: “Once again we have benefited from a triumphant quarter both operationally and strategically as we kept on growing the business and capitalized on the chances presenting themselves. We are mainly satisfied with how efficiently the incorporation of the William Hill joint venture has progressed, which bodes well for this significant strategic company improvement. The company has met management's challenging anticipations and we are certain that Playtech is going to meet its objectives for the entire year.”
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