Playtech Results Report “Secular Weakness” in Online Poker
Key Takeaways
  • Playtech half year results show revenues overall up 15%.
  • A 17% fall in online poker revenues matches the seasonal decline but was presented as a “secular weakness” despite a string of high profile skins moving to the iPoker network.
  • New mobile poker products are promised, but no dates are given.
  • Chairman Roger Withers resigns after seven years to be replaced by Senior Non-Exec Alan Jackson.

Playtech has produced an ebullient set of half year results, but despite acquisitions by its iPoker network, its poker revenues have declined 17%.