news image thumb

Playtech Announces Q1 Results and Looks to New Markets

One of the biggest names in online casino software is Playtech. If you have a favourite casino site then there is a fair chance that it uses this firm’s hugely popular software.

They recently released their financial results for the first quarter of 2012 and they show that their sold growth is continuing into this year.

For a start, gross income has shot up a staggering 90% compared that the 1st quarter in 2011, to a total of €88.4 million. This is also 13% up on the final quarter of last year.

The company’s total revenue increased even more – 104% when compared to the 1st quarter from last year - to €75.1 million. This was 8% higher than in the 4th quarter of 2011.

The one negative point in their results was the drop in poker revenue, from €5.7 million in the 1st quarter of 2011 to €5.3 million this time around.

Denmark, Germany and Spain Next

These figures pretty much bear out the feeling that online casinos are booming and the notes that come with them show that even further growth is expected in new markets shortly. For example, The Danish market has recently been regulated and is now set to receive sites which use Playtech software; namely Betsson, Unibet, Sportingbet and Bet365. Similarly, German players will soon have an online gaming site through Playtech and Merkur Interactive GmbH.

The Spanish online gaming world is also set to go into overdrive shortly, and Playtech say that they have a number of licensees ready to get going when the market opens up later on in 2012. All in all, it looks like 2012 will continue to be a good year for online casino software developers like Playtech.

Categorised Under: General Gambling News
User Rating
User Rating

Leave A Comment

Site Of The Month
Guts Casino

Guts Casino brings new games from BetSoft, Net Ent, Microgaming and IGT. New players can claim up to £300 and 100 free spins when they join guts.com.
Featured Site
Leo VegasFeatured
Casino Site

October 2015

Leo Vegas obviously believe that variety is the spice of life because they offer players games from four of the best casino software suppliers. They also extend a rather generous sign up offer to all players, so you know...
Last Visitor

Suvadeep Paylituzu Elkomandante Phenvargas Sbothai MaryDom Choosay WallaceM Heng Luis
Signup for your email updates.Get special offers, news, competitions and more!
Re: What is Asia Live Tech's iGaming Revenue Sharing Pool?
"We make a living by what we get, but we make a life by what we give. [color=#DCE9FE:1peb4r4r]s"

What is Asia Live Tech's iGaming Revenue Sharing Pool?
"One of the most revolutionary aspects of the modern iGaming industry is Asia Live Tech’s iGaming Revenue Sharing Pool program. The basic premise is that on top of the operator"

Inside Casinos Reviewer
New Casino Sites

New online casinos are the lifeblood of the gaming world. This is the reason we search long and hard for the newest casino sites, making connections with operators to ensure we bring you them first.

Take a look
Casino competition

Every month we run a free casino competition, you can enter these competitions by visiting their respective page.

Prizes for the home, casino chips, electrical items - we giveaway them all!


Take a look
Free Casino Reviews

The online casino scene is booming which is why it's so important to do your research before choosing a casino site to call home. Read the latest casino reviews arranged alphabetically.

Take a look
Internet Casino

The rise of the Internet casino market in the UK is great news for gamblers. Internet casinos are doing their best to attract new players to their sites with no deposit casino offers and promotions.

Take a look