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Playtech shares rise on resilient first half performance

5th August 2020 10:51 am GMT
Playtech

London-listed gaming technology provider Playtech said Wednesday that it continues to focus on positioning the business for success in the long-term, as the COVID-19 pandemic severely impacted results during the first half of 2020.

Playtech described the H1 performance as resilient after delivering adjusted EBITDA of more than €160m, driven by growth in online gaming and the “exceptional” performance of the financial division TradeTech, which benefited from increased market volatility and trading volumes during the period.

"Thanks [...]

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