Playtech plc
("Playtech" or the "Company")
Post-close Trading Statement
Playtech (LSE: PTEC) is pleased to confirm that since the interim management statement released on 29 October 2013, the Company continued to perform strongly. 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 cooperating closely with the Company's existing licensees ahead of major sports events later this year.
It is the Board's expectation that both total revenues and adjusted EBITDA for the full year will be marginally ahead of current analysts' consensus.
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For further information contact:
Playtech plc Mor Weizer, Chief Executive Officer Ron Hoffman, Chief Financial Officer c/o Bell Pottinger
Adam Kay, Head of Investor Relations
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+44 (0)20 7861 3232
+44 (0)1624 645954 |
Bell Pottinger David Rydell / Olly Scott / Guy Scarborough / Charlotte Offredi
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+44 (0)20 7861 3232 |
About Playtech
Playtech develops unified software platforms and content for the online and land-based gaming industry, together with providing a range of ancillary services such as marketing, hosting and CRM services. The Group's capabilities enable the delivery of an integrated software or turnkey solution, with players accessing online, broadcast, mobile and server-based gaming terminals through a single account.
New licensees include existing online operators upgrading or diversifying their offering, land-based casino groups, government sponsored entities such as lotteries, and new entrants making their online gaming debut, particularly in newly-regulated markets.
Founded in 1999, Playtech is listed on the London Stock Exchange and has over 3,000 employees located in twelve countries. Its leading gaming applications include casino, poker, bingo, sports betting, live, mobile and social gaming, casual and fixed odds games.