Investor & Analyst Day 2016

RNS Number : 6666O
Playtech PLC
09 November 2016
 

Playtech plc

 

Investor & Analyst Day 2016

 

 

Playtech (LSE: PTEC) is today hosting an event for investors and analysts and is providing the following update on trading in H2 2016 to date.

 

 

Investor & Analyst Day 2016

 

The theme of the event is "Technology driving the customer journey" and will feature presentations on a range of topics including Playtech's strategy for BGT and Sports, innovation, regulation and business development as well as a presentation by Google on industry trends.

 

The presentations will be made available later today on the Investor Relations section of the Company's website.

 

 

H2 2016 update on trading

 

In H2 2016 to date, the Gaming Division has seen continued strong growth in underlying daily average revenues which are moderately ahead of the first 55 days of H2 as reported at the time of the 2016 interim results in August. Reported revenue growth in the same period has been impacted by the recent significant weakening of Sterling and other currencies against the Euro.

 

The Financials division has seen very positive signs of improvement in first time depositors and active customers in H2 2016 although overall performance has been impacted by low market volatility.

 

 

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For further information, contact:

 

Playtech plc                                                     +44 (0)20 3772 2500

Mor Weizer, Chief Executive Officer

Ron Hoffman, Chief Financial Officer

c/o Bell Pottinger

 

Andrew Smith, Head of Investor Relations            +44 (0)1624 645954

 

Bell Pottinger                                                  +44 (0)20 3772 2500

David Rydell / Olly Scott / James Newman

/ Laura Jaques

 

 

About Playtech

 

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 13 countries.

 

Playtech is the gambling industry's leading software and services supplier with more than 130 licensees globally, including many of the world's leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.

 

It is the pioneer of omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

 

Playtech's Financials division, run through subsidiary Markets Limited (formerly called TradeFX), is an established and growing online CFDs broker and trading platform provider, operating the brand markets.com. Its B2C focused offering is available in more than 100 countries and in more than 25 languages and is licensed and regulated in the EU and South Africa.

 

www.playtech.com


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