Online Poker Terminology Successful Online Casino Software Provider Bookmark this portal  |   Make this portal your homepage   Search For:   Online Poker Terminology Poker En Linea Poker Em Linha Contact Us Add Your Site Digest Links Poker Casinos Games Baccarat SportsBooks Free Online Games   Online Poker Terminology - Successful Online Casino Software Provider Online casino and poker room provider enjoys a successful first half 2006 performance - casino income up 129 percent and poker 851 percent. Playtech, the major online casino and online poker room software developer and provider, had a profitable second quarter with very good half year results which have seen a 139 percent overall increase in revenues in the six months ended June 30 2006. The online casino software company reported financial highlights of a 129 percent increase in online casino revenues to $40.4 million, with online poker revenues up a stunning 851 percent to $4.8 million. Total revenue increased 139 percent to $46.2 million, compared to the 2005 numbers for the same period of GBP 19.3 million ($36.35 million), and an adjusted net profit increase of 172 percent to $37.3 million. The most important was the addition of seven new licenses, three being through the migration of active online casino sites with Asian and European players, and the development of the new mobile gaming platforms. Playtech has also initiated a long-term hi-tech personnel development program with the introduction of a Playtech Academy in Estonia and a new technology development centre in Bulgaria. Chief Executive Avigur Zmora says: "Geographical diversification through the addition of quality licensees, coupled with our new product pipeline, will allow us to offer an enhanced and more complete solution to our licensees and their customers. As a result of our various initiatives, the global markets in which we hold strong positions and the continued growth being enjoyed by the online gaming market worldwide, I look forward to the second half of the year with confidence.” << Back   Copyright 2004 © Online Poker Terminology. All rights reserved.