His successor would be announced shortly
Playtech says Financial Director to exit
(UK).- Online gambling software firm Playtech said its finance director was to leave as it posted first-half revenues within touching distance of levels before gaming firms were rocked by an effective US ban last year.
2007-09-05
Reading time 29 seg
Playtech, which provides gaming Web sites with games like poker, blackjack and roulette, said revenues from casino games was us$ 32.6 million in the six months to end June with revenues of us$ 10.5 million from poker.
It said it had a healthy pipeline of new business for the second half of the year and finance director Shuki Barak had asked to leave the firm for personal reasons. The firm said his successor would be announced shortly and Barak would stay on to ease the handover.
As the company had earlier indicated, overall group revenues were us$ 44 million, down just 2.2 million from a year ago before an effective US ban on online gambling closed off the world’s biggest gaming market.
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