Gaming software and service provider stands strong on the market with a year-on-year growth.
Playtech’s current operational and financial strategy seems to be successful. Seeing a remarkable growth in revenue compared to last year’s numbers the company is off to a good start. Total earnings of the first quarter amounted to EUR 134.9 million, up 31% from the EUR 102.7 million posted in last year’s corresponding period, gambling news reported.
The takings for the very successful first part of 2015 are up by 7% even compared to last year’s final three-month period’s revenues. The major part of their income is generated by their casino business. With an astonishing EUR 70.9 million the casino has earned 28% more than it did last year.
Land-based growth, stronger than ever
It may surprise many but the biggest rise can be seen in Playtech’s casinos businesses’ land-based operations. An almost two hundred percent growth led to a revenue of EUR 8.3 million. Other services ran by the mobile casinos provider have also experienced a significant increase of earnings.
CEO Mor Wizer stated that they want to make sure to offer the best and most innovative technology available. The company has signed new licences whilst broadening its bases with existing ones. Launching an application for the Apple Watch on the days it was released was not only a smart but field leading as well.