It recorded its highest ever monthly revenue in October
Playtech says its revenues grew 16% in the third quarter
(UK).- Playtech said its third-quarter has been “outstanding” and that revenues for October grew by 16 %.
2007-11-12
Reading time 29 seg
The gaming services provider said it recorded its highest ever monthly revenue in October -“significantly” higher than September revenues - and attributed the growth in the third quarter to higher earnings from poker and casino operations.
In the third quarter, revenues rose 81 % to 26.9 million, driven by a 266 % surge in poker revenues to us$ 7.5 million and 51 percent growth in casino revenues to us$ 19.2 million, the company said.
CEO Mor Weizer said: “We are continuing to focus on the growth markets, in particular Asia, which showed a 14 pct increase in revenues from licensees on the second quarter of 2007. We expect to see further growth and we are confident of meeting our expectations for 2007 and beyond.”
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