Trading Statement

Playtech Limited
10 May 2007


10 May 2007


                                Playtech Limited

                         ('Playtech' or 'the Company')


                          First Quarter Trading Update


Playtech (AIM: PTEC), the international designer, developer and licensor of
software for the online and land-based gaming industry, announces today its
trading update for the first quarter of 2007.


Financial Highlights

   •Total revenues were $19.8 million, representing an increase of 14% on the
    $17.4 million achieved in Q4 2006 and a decrease of 5% on the $20.8 million
    in Q1 2006

-  Casino revenue totalled $15.2 million, an increase of 7% from $14.3
million in Q4 2006 and a reduction of 17% from $18.3 million in Q1 2006

-  Poker revenue totalled $4.2 million, an increase of 56% from $2.7
million in Q4 2006 and an increase of 102% from $2.1 million in Q1 2006

   •On a pro forma basis, which excludes royalty contributions from the US in
    2006, total revenues increased by 22% compared to Q4 2006. Compared to Q1
    2006 total revenues increased by 85%. Calculated on the same basis:


-  Casino revenue increased by 14% compared to Q4 2006 and increased by
62% compared to Q1 2006


-  Poker revenue increased by 64% compared to Q4 2006 and increased by
257% compared to Q1 2006


Migration of Tribeca Licensees


During March 2007 the migration of the Tribeca licensees onto the iPoker network
was successfully completed, one month ahead of management expectations.
Following this migration and internal growth of existing licensees, Playtech's
iPoker network has more than doubled its number of players and has become one of
the world's largest poker networks.

Total revenue for the quarter included a contribution from the migrated
licensees during part of the last month of the quarter. Playtech's revenues from
the migrated licensees are being generated both from the licensees' poker
activity (rake) and their side games activity. The second quarter of the year
will include a full three month revenue contribution from these licensees.


A large portion of the migrated licensees have added the casino side games to
their poker clients thus creating an additional revenue stream which will be
reflected in the Company's casino revenues going forward.





Geographical Analysis


The European segment has grown significantly over the past year and is expected
to continue to show further growth following the Tribeca acquisition and as a
result of internal growth from existing licensees. The slowing of the Asia
Pacific segment is mainly attributed to the restructuring of one of the
Company's licensees, which is due to be completed by the end of the second
quarter.



Current Trading


Playtech has concluded a very positive first quarter of 2007 and this trend is
continuing into the second quarter


The Company expects that one of its existing licensees in the Asia Pacific
region will conclude its restructuring in the next couple of months.


The Company continues to develop its land-based product through its Videobet
division. Videobet has concluded the development of its server based, LAN and
stand-alone terminals and continues to invest in expanding its games offering
portfolio to accommodate the requirement of the European, Asian and South
American markets.


The Company expects additional growth through potential licensing deals which
are currently being negotiated with online operators. The recent regulatory
changes in various jurisdictions are creating significant business opportunities
which Playtech is actively pursuing.





Mor Weizer, Chief Executive Officer, commenting on the results, said today:


'Playtech has started the year extremely well and this is likely to continue
into the second quarter of the year. Recent changes across various regulated
markets are creating significant business opportunities for Playtech, which we
are actively pursuing. We look forward to developing these opportunities
supported by our strong focus on product innovation and development.'









First Quarter Key Performance Indicators at 31 March 2007



Revenues

 Three months ended   31 March      31 March     Change        31 Dec     Change
 '000 ($)               2007          2006                     2006
 Total Revenues       19,792        20,767         -5%       17,353        +14%
 Casino Revenues      15,215        18,246        -17%       14,255         +7%
 Poker Revenues        4,221         2,090       +102%        2,699        +56%





Revenues - excluding contributions from the US

 Three months ended   31 March      31 March     Change        31 Dec     Change
 '000 ($)               2007          2006                     2006
 Total Revenues       19,792        10,702        +85%       16,257        +22%
 Casino Revenues      15,215         9,368        +62%       13,360        +14%
 Poker Revenues        4,221         1,182       +257%        2,579        +64%







Geographical Diversity (excluding US)


Relative Share of Geographical Diversity(1)

Three months ended                    31 March           31 March         31 Dec
                                        2007               2006           2006
Europe                                    65%                48%            57%
Asia Pacific                              24%                41%            30%
Rest of the World                         11%                11%            14%



Nominal Change in Geographical Regions
Period                                    Q1 2006 to Q1            Q4 2006 to Q1
                                                   2007                     2007
Europe                                           +112%                     +33%
Asia Pacific                                       -8%                      -6%
Rest of the World                                 +49%                     -11%






(1)  The relative share is calculated as the total players income derived from
the specific region divided by the total players income from all regions





                                    - ends -




Analyst Conference Call


An analyst conference call has been organised for 9:00 am GMT today hosted by
the Chief Executive Officer, Mor Weizer.


The dial-in details are: [phone]


Conference call title: Playtech KPI's


For Further Information:


Mor Weizer, CEO, Playtech Ltd

c/o Bell Pottinger
                                                        Tel: [phone]

www.playtech.com


David Rydell / Helen Tarbet

Bell Pottinger Corporate & Financial                    Tel.[phone]







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