Playtech revenues have risen over the $100m mark whilst total revenue rose 86%. Profits dropped as expenses of operating the business rose. The company remains confident and puts the increased costs down to four areas:
Investing in new gaming markets
Developing new casino products
improving existing products such as Poker
Searching for aqusitions and new joint ventures
Casino income was king for Playtech with total product reveneues rising to US $74.7m up 58% and Poker jumped up by a huge 269%.
