International edition
June 19, 2021

It is the biggest company listed on London's junior market AIM

Playtech says casino and bingo boost second quarter revenue

(UK).- Online gambling software firm Playtech said second quarter gross income rose 2 % on the previous quarter driven by strong growth from casino and bingo, offsetting a decline in poker revenue.

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he Estonia-based firm, which is the biggest company listed on London's junior market AIM, said gross income for the quarter totalled 44.5 million euros (us$ 57.5 million), up 34 % on the same quarter the previous year.

Playtech said trading activity in the first 26 days of the third quarter was more than 10 % up on the same quarter the year before but down 12 % on the second quarter due to gamblers being away on holiday or distracted by the lure of the soccer World Cup.

The company, which agreed a partnership with William Hill in October 2008 to develop the bookmaker's online operations, said its share of profit in William Hill Online was 7.6 million euros, up 4 % on the previous quarter.

It added that first half EBITDA (earnings before interest, tax, depreciation and amortisation) was not expected to be less than 53 million euros.

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