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Playtech Gives Bumper Results

November 8 2007

 

Playtech Gives Bumper Results

Investors were thrilled today with the release of the online casino software provider Playtech's third quarter numbers. The numbers were released overnight and investors are seeing the highest ever monthly revenues, which also skyrocketed share prices almost 10%.

Playtech has said that they had an outstanding quarter showing record numbers even following the withdrawal from the US last year, these numbers are not including any contributions from the United States.

This quarters numbers are up 81% compared to the third quarter in 2006, these increases were largely thanks to the growing popularity of Playtech's online poker network. Poker revenues were up an amazing 266% in the recent history.

The company is absolutely delighted with their quarters record breaking numbers, they say it demonstrates the presence of Playtech within the online gambling world. Playtech was founded in 1999 by Teddy Sagi, in the years since then Playtech has become the leading software provider for excellent casino games on the internet today. They are part of the reason that online gambling is what it is today.

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