![]() ![]() —Peter F. Drucker |
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25th August 2017 | SHARE THIS
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The Story | |||||
Playtech reported double-digit gains in its revenue for the first six months of the year due to a strong performance by its online casino division. |
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Let's see the numbers. |
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Playtech's revenue hit €421.6m in the six month period ending on June 30, which is a 25% rise over the same period last year. |
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What were you saying about those "sketchy markets"? |
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The company said that the "particularly strong performance" by its Asian gray and and black market online gambling licensees has propelled its casino operations to rise by 26% to €235.5 million. |
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Playtech also boasted growth in regulated markets. |
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However, it is minuscule compared to the grey and black markets. The company's share of total revenue from regulated markets rose only for two points to 50% during H1. |
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Takeaway |
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Grey and black markets, particularly Asian countries, remain to be the primary driving force of Playtech's growth. |
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The Industry Eye - Season 2, Episode 21 |
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In this episode of the Industry Eye: Stars go social, so do Sevilla and eSports finds a friend. |
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Travellers seeks US$14.11M in insurance | |||||
Philippine-listed Travellers International Hotel Group is seeking US$14.11 million in insurance claims in order to cushion the losses it incurred following the deadly attack in its Resorts World Manila property last June. |
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UK media has problem with UK problem gambling stats | |||||
Media outlets have challenged the report released by the UK Gambling Commission which showed an increase in the number of problem gamblers in the UK. |
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Sh*t outta luck: Casino boots gambler for soiling himself | |||||
A gambler was shown the door by the Jack Cincinnati Casino for reportedly crapping his pants. |
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Americans have tweaked the roulette to include 38 instead of 37 possible places for the ball to land by adding a "00" as well as a "0" house pocket to the wheel)--making winning more challenging compared to their European counterparts. |
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Stop diverting a large portion of the advertising budget of your business on Google Adwords and link-building campaigns. Invest on social media instead. |
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Baldini's Casino selects USBookmaking to manage its race and sports book operations |
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Beginning on August 25, 2017, Baldini's Casino's sports book and race operations will be operated by USBookmaking. |
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Already excited for this Saturday's match between Floyd Mayweather Jr. and Conor McGregor? Odds makers say that the primary over/under for the rounds of the fight is 9.5 rounds (over at +125 and under at -175). |
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Want to be a guest contributor? Email bill@calvinayre.com |
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