Playtech acquisition target Plus500, the AIM-listed CFD provider, has reported a 20 per cent increase in revenue to US$127m for the first half of 2015, despite generating lower revenue in the second quarter due to a combination of quieter markets and the temporary suspension of trading activity in its UK business.

Plus500 said that the company’s performance, including record revenue in Q1, was driven by a successful online marketing campaign and a diverse product offering.

“Despite the disappointing regulatory setback in the second quarter, the group was profitable in every month in the first half and our business model continued to be cash generative,” said Plus500 CEO Gal Haber. “Our easy to use and robust platform continued to attract new customers and encourage active customers.”

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