Playtech Bullish About Poker’s "Secular Decline"
Key Takeaways
  • Playtech’s annual report showed that poker fell 18% in 2013. Despite the fall, this report was upbeat about poker’s prospects.
  • The report said that “poker remains an important vertical to the Playtech offering, contributing additional revenues of €6.2 million from casino side games
  • Playtech explained that it has been working closely with Italian regulator AAMS in “developing a joint programme to manage unlicensed operators to either withdraw from the Italian market … or to obtain a local license and migrate their players.”

Playtech described the 17% fall in its half year results as a “secular” decline—over the full year 2013, the annual report shows that poker fell 18%. Despite the fall and repeating the belief of online poker’s malaise, this report was upbeat about poker’s prospects.