Key Takeaways
- Bucking an eight-year trend, growth in online poker was attributed to performance in regulated markets.
- “Poker remains an important part of the complete Playtech ONE product offering and Playtech continues to offer the largest open and 'tappable’ poker network in the industry.”
Online gambling software and services supplier Playtech, operator of the iPoker network and owner of online poker training site PokerStrategy, has reported growth in online poker revenue for the first time in eight years.
Total revenue in 2017 in the poker division came to €9.4 million, up on the €9 million reported in 2016. On a constant currency basis, the company stated that annual growth was 7%.
“The increase in revenues, which is mainly driven by growth in regulated markets, although from a low base, is a positive sign after several consecutive years of decline and reflects the importance of this vertical in the operators’ offering,” the company stated in its press release.
