Playtech Reveals Strong Fourth Quarter Results

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Playtech Reveals Strong Fourth Quarter Results

The leading software provider announced fourth quarter results and discussed future plans.

Playtech has released its fourth quarter figures, revealing a strong finish to the year for the company.

According to the results, revenue for the final quarter of 2011 was €69.6million, a performance that has given Playtech confidence in the future.

Playtech's CEO, Mor Weizer, discussed the upcoming opportunities in the U.S online gambling market. Mr Weizer said, “Playtech is preparing itself in every market to help its partners and customers take advantage of the changing regulatory landscape and invest in into those to certify its products.”

He continued, “Playtech has delivered an outstanding performance in the fourth quarter. As result of this, we are comfortable with market expectations and looking forward to the coming year with a high level of confidence.”