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Playtech results hit by Retail and Asia revenue decline in 2020

11th March 2021 8:58 am GMT

London-listed Playtech has reported a 25 per cent drop in revenue from continuing operations to €1.08bn in 2020, with a decline in its retail businesses offsetting strong growth online.

Playtech enjoyed a strong start to the year, driven by solid performances from Snaitech, live casino and favourable sporting results.

However, the adverse impact of COVID-19 and the first lockdowns from mid-March to June, and again from late October onwards, led to total revenue declining by 25 per [...]

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