Playtech, a major provider of software platforms for UK online bingo operators and online bingo halls, has reported 2008 second quarter results demonstrating the company's continued growth."The second quarter of 2008 was a further significant period of growth for Playtech," said Playtech CEO Mor Weizer.
"This level of performance, particularly considering the impact of the Euro 2008 football tournament and traditional seasonality, is very impressive with licensees continuing to win relative market share," Weizer continued. "For the year to date, total revenues have increased by 85 percent. The Company has had a good start to July with further continued growth in both casino and poker. With organic growth and the launch of new licensees in Q3 and beyond we look forward to a strong quarter and the Board is highly confident of the prospects for the full year."
Casino and poker products continue to be a major source of profitability for Playtech whilst online bingo games also contribute a rising source of profits for the software developer
"This level of performance, particularly considering the impact of the Euro 2008 football tournament and traditional seasonality, is very impressive with licensees continuing to win relative market share," Weizer continued. "For the year to date, total revenues have increased by 85 percent. The Company has had a good start to July with further continued growth in both casino and poker. With organic growth and the launch of new licensees in Q3 and beyond we look forward to a strong quarter and the Board is highly confident of the prospects for the full year."
Casino and poker products continue to be a major source of profitability for Playtech whilst online bingo games also contribute a rising source of profits for the software developer
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