Gaming Software Provider Playtech Reports Increased Revenues
2008-09-06 17:51
 Popular online gambling software developer Playtech has announced record revenues of around £81.4 million. Mor Weizer, Chief Executive Officer for Playtech, said in a statement, "We are very pleased with these results, which demonstrate Playtech`s continued progress as the world`s leading software provider to the gaming market," said Weizer.
"Playtech is ideally placed to capitalise on the opportunities provided by the fast-growing global gaming market. The company has potential for far more significant growth and its unique business model places it in a strong position. The board looks forward to the future with confidence."
Playtech also announced its partnership with the Deutsche Bank, who will be the companies joint broker, working with adviser Collins Stewart. "We are very pleased to welcome Deutsche Bank on board as joint broker working alongside Collins Stewart," said Mor Weizer.
Playtech is one of the most experienced and trusted online gambling software providers in the Internet casino and poker industry. Founded in 1991 the company is now the largest publicly traded online gaming software supplier. They design and market casino, poker, bingo, mobile casino gaming, arcade, kiosk and betting products, resulting in a regular consistent client base.
Originally the company provided casino software and to this day, these games remain Playtech`s flagship product. Playtech poweres one of the most known online casinos in Europe like Europa Casino and Casino Tropez. The company is also at the forefront of new innovative gaming technologies such as mobile casinos. Mobile casino gaming is a rapidly growing industry with more and more operators wanting to provide this service to customers on the move or who prefer to play the games on their mobile handsets. As a result of the increased popularity of mobile gambling, Playtech have signed several new deals with clients supplying them with the necessary software.
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