Playtech report increased Revenues
5th September, 2008
Playtech are one of the most experienced and trusted online gaming software providers in the industry. Founded in 1991 the company is now the largest publicly traded online gaming software supplier. They design and market casino, bingo, poker, mobile gaming, arcade, kiosk and video bet products, resulting in a regular consistent client base.
Originally the company provided casino software and to this day, these games remain Playtech's flagship product. The company are also at the forefront of new innovative gaming technologies such as mobile gaming. Mobile casino gaming is a rapidly growing industry with several operators wanting to provide this service to customers. As a result of this, Playtech have signed several new deals with clients supplying them with the necessary software.
Play tech have recently announced record revenues of around £81.4 million. Mor Weizer, Chief Executive Officer for Playtech, said in a statement, 'We are very pleased with these results, which demonstrate Playtech's continued progress as the world's leading software provider to the gaming market,” said .
“Playtech is ideally placed to capitalise on the opportunities provided by the fast-growing global gaming market. The company has potential for far more significant growth and its unique business model places it in a strong position. The board looks forward to the future with confidence.'
The software provider also announced its partnership with the Deutsche Bank, who will be the companies joint broker, working with adviser Collins Stewart 'We are very pleased to welcome Deutsche Bank on board as joint broker working alongside Collins Stewart,” said Weizer.
By Jamie
