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Playtech shares climb on solid first half revenue growth, US license application

23rd August 2018 9:09 am GMT
Playtech

London-listed Playtech has reported a 4 per cent increase in revenue to €436.5m for the first half of 2018, benefiting from the first contribution from its landmark acquisition of Italian operator Snaitech, which offset continued struggles in Asia.

Snaitech contributed revenue of €61.3m for the period as revenue from Playtech’s Gaming B2B division fell by 16 per cent to €285.8m due to ongoing difficulties in Asia, in particular in China and Malaysia.

H1 2018 Revenue Comparison (€)

The company [...]

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