In every success story, you will find someone who has made a courageous decision.
Peter F. Drucker
25th August 2017  
 
  INVITE FRIENDS!
 
  Thank you, sketchy markets!
 
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. 

 

Let's see the numbers. 

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. 

 

What were you saying about those "sketchy markets"?

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.

 

Playtech also boasted growth in regulated markets. 

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. 

 

Takeaway

Grey and black markets, particularly Asian countries, remain to be the primary driving force of Playtech's growth. 

 
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