Playtech has released its financial results for the third quarter of this year. As usual, the entire financial report witnessed a noticeable increase in the company’s revenues. As for the joint online venture between William Hill and Playtech, it has also witnessed a great increase in the revenue. The overall revenue of Playtech witnessed an increase of thirty percent when compared to Q3 of 2011. The total revenue of Playtech during the period reached an outstanding 79.9 million Euros.
The best performance was reported by the internet casino section of Playtech. The operations of that section generated an amazing revenue of 38.5 million Euros, which represents a thirty-three percent increase when compared to the same period of last year.
The online bingo section’s revenues increased by seventeen percent to reach 4.4 million Euros, as for the technology service section, the revenues also increased. It witnessed a thirty-eight percent increase as it generated a total of 26.9 million Euros. Last but not least, video wagering section’s revenue reached 2.9 million Euros which is a 33 percent increase.
Most of the report contained good news and surges in revenue; the only section that suffered from a decrease was the internet poker section. It only generated 4.1 million Euros, which is a decrease of 27 percent when compared to Q3 – 2011.
As mentioned, the highest revenue was produced by online casino sand the joint venture with William Hill. If you want to find out why, try William Hill Online among other Playtech powered casinos.