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Playtech shares slump following profit warning

2nd November 2017 11:02 am GMT
Playtech

Shares in London-listed gaming solutions provider Playtech fell by more than 20 per cent Thursday morning after the company warned that its full year profit would be 5 per cent lower than projected.

The company attributed the decline to a recent slowdown in certain Asian markets and the weaker than expected performance of the Sun Bingo business, although it noted that daily average revenue in the Gaming division had accelerated since the company's interim results.

"However, although daily average revenues in the Gaming division [...]

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