Playtech to be ‘marginally ahead’ of analysts’ expectations

Online casino software supplier Playtech expects its total revenue and adjusted earnings for the full-year to be “marginally ahead” of current analysts’ expectations.

According to Yahoo! Finance, consensus forecasts for the 12 months had been predicted to total £312.2 million (€378 million/$513.8 million), with a pre-tax profit of £121.8 million and earnings per share of 43.83p.

Playtech reported a continued strong performance since the end of October 2013, a period in which it signed a number of new licences including an agreement with Dutch gambling monopoly Holland, as reported by iGaming Business.

The company said: “Playtech completed the rollout of further market-leading products, specifically focusing on its mobile and sports verticals both in Europe and elsewhere, as part of the company’s strategy to further diversify its business and create the building blocks for future growth.

“In line with its strategy, Playtech continues to strengthen its position by signing new licensees and co-operating closely with the company’s existing licensees ahead of major sports events later this year.”

source : www.igamingbusiness.com

Share This Article:

More Similar Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here