Half Year Results 

Playtech grows in regulated markets

Playtech grows in regulated markets

A poor first half for the Playtech (PTEC) business in Asia was to be expected. A surge in competition in China meant that new entrants had been cutting prices in the hope of grabbing market share, while online gambling has been blocked in Malaysia since last year. Group sales at constant currency improved by 6 per cent during the first half, but strip out the Asian business and group revenue was up 35 per cent.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now