Playtech Q2 financials up but Poker down

Playtechs financial results for the 2nd quarter have shown revenues increase by 99% year on year! Every product or service has performed well apart from poker.

Playtechs income shot up by 82% to €88.1 million as its revenue virtually double from €39.6 million to €78.6 million year on year. Even this years figures have increase with with revenues up 5% on the start of the year.

playtech financial results

Casino revenues increased 36% to €37.1 million, revenues for Bingo and Videobet increased 21% to €4.4 million and 36% to €2.8 million and Playtechs Services revenues were up 4% at €26.8 million.

Poker revenues were down 4% to €4.4 million during the last financial quarter.

Playtechs troubled poker partnership in the William Hill Online joint venture gave Playtech increase profits as its performance was up 7% to €9.5 million.

About PenFold

Zak ‘PenFold’ Vella – Our expert of all things Maltese and Italian. One of the main people responsible for opening up the Italian market and bringing the joys of Enetpoker Network to the rest of the world. For which one day Zak will be knighted. Also known in the Content writing business as ‘Mr Google Translate’ as he can speak and write in more languages than it can.

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