Financial News

London-listed gaming technology and services provider Playtech said Thursday that it is confident of achieving its financial objectives for the year after a solid Q2 performance.

The company said that trading in the second quarter to date was in line with management expectations and slightly ahead of the 10 per cent year-on-year growth reported to the market in April's first quarter update.

Playtech, which completed its move to the London Stock Exchange main market in July last year, added that it will no longer be reporting Q2 and Q4 KPIs, reverting instead to the practice of reporting interim and full year results with intervening interim management statements and pre-close trading updates.

Shares in Playtech plc (Co. Data) (LSE:PTEC) were trading up 0.50 per cent early this morning in London at 604.00 pence per share.