Online Casino Software Provider Playtech's Fortune is Rising

2006 August 25, Elyshia P

Playtech provides online casino and online poker software platforms for many of the world's premier online casinos.

Playtech have recently released a report announcing their Interim Results for the six months ending June 30, 2006.

Some of the highlights for Playtech's big year include:

• Revenues up by 139% to $46.2 million
• Casino revenues up by 129% to $40.4 million
• Poker revenues up by 851% to $4.8 million
• Seven new licensees added so far in 2006, with the majority accommodating Asian and European players
• New products developed and launched successfully
• Mobile gaming development – providing online casino gaming through mobile phones
• Initiating new Asian focused games and product development, including Mahjong

Online gaming companies are increasingly looking to new markets – and the recent developments which have brought the US market into question have only served to highlight the need for new market development. Playtech appears well placed to capitalize on the inevitable online gaming industry expansion through Europe and Asia over the next few years.

Avigur Zmora, Chief Executive Officer of Playtech, had this to say about the issue: "Playtech is ideally placed to take full advantage of the growth being enjoyed by global gambling markets. Geographical diversification through the addition of quality licensees, coupled with our new product pipeline, will allow us to offer an enhanced and more complete solution to our licensees and their customers. As a result of our various initiatives, the global markets, in which we hold strong positions and the continued growth being enjoyed by the online gaming market worldwide, I look forward to the second half of the year with confidence."

Ed note: You can look forward to a $100 bonus on your first deposit at Enter Casino!