LOGO
LOGO

Quick Facts

Playtech Q2 Gross Income, Revenue Surge - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Playtech Limited (PTEC.L), a developer of unified software platforms and content for gaming industry, Tuesday reported a significant increase in gross income and revenue for the second quarter.

Gross income surged 82 percent to 88.1 million euros from 48.4 million euros in the same quarter last year.

Revenue jumped 99 percent to 78.64 million euros from 39.59 million euros.

Further, the company said daily activity for the first 31 days of the third quarter is 24 percent ahead of last year, but is 3 percent down from the preceding quarter.

Playtech's Chief Executive Mor Weizer said, "First half performance for 2012 has been very encouraging and all products, with the exception of poker, have achieved strong year-on-year growth...Although we anticipate a seasonal slowdown during the traditionally weaker summer months, I believe that the Company is well positioned to maintain the momentum into the rest of the year."

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19