16 July 2008
Playtech Limited
(“Playtech” or “the Company”)
Playtech (AIM: PTEC), the international designer, developer and licensor of software to the online and land-based gaming industry, today announces its Key Performance Indicators (KPI's) for the quarter ended 30 June 2008 and also provides an update on current trading.
"The second quarter of 2008 was a further significant period of growth for Playtech. The Company reported revenues of $42.4 million, representing an increase of 75% on the corresponding quarter in 2007 and a nine per cent increase on the previous quarter. This level of performance, particularly considering the impact of the Euro 2008 football tournament and traditional seasonality, is very impressive with licensees continuing to win relative market share. For the year to date, total revenues have increased by 85 per cent. The Company has had a good start to July with further continued growth in both casino and poker. With organic growth and the launch of new licensees in Q3 and beyond we look forward to a strong quarter and the Board is highly confident of the prospects for the full year."
Mor Weizer, Chief Executive Officer

Financial Highlights
  • Record revenues for the quarter totalling $42.4million, representing an increase of 75% on the $24.2million earned in Q2 2007 and an increase of 9% on the $39million achieved in Q1 2008.
    • Casino revenues totalled $30.8million, an increase of 77% from $17.4million in Q2 2007 and an increase of 13% from $27.2million in Q1 2008
    • Poker revenues totalled $11 million, an increase of 74% on the comparable 2007 quarter and in line with Q1 2008
  • Total revenues for H1 2008 were $81.4million representing an increase of 85% from the $44million in H1 2007:
    • Casino revenues increased by 78% compared to H1 2007 to $58million
    • Poker revenues increased by 109% compared to H1 2007 to $22million
  • July has started well with further growth in both casino and poker
Source: Playtech