Playtech, the online software developer, had a 2013 most companies can only dream of.
Playtech announced that it posted a 26 percent rise in adjusted net profit in 2013 to €148.3 million. The figure does not include profits from the company’s sale of William Hill Online in 2013.
Playtech offers software for more than 300 online games and a complement of digital casino games. The company is seen as a leader in online slots and now provides casino, poker, bingo and live gaming services.
The company will also pay shareholders a special dividend of 122 million euros as a stemming from the sale of Playtech’s 29 percent stake in William Hill Online for £424m. The company also made other moves, such as signing an agreement with Ladbrokes and the launch of live mobile casino and poker products for a number of clients in Europe and Mexico.
Playtech’s casino software product has “delivered an outstanding performance in 2013”, the company said in a release. Revenue for the company were up 26 percent to €189m during 2013.
Also in 2013, Playtech acquired the poker community PokerStrategy in July.
Playtech’s sports-betting revenue rose 61 percent to €17.1 million thanks to the launch of five sports betting licensees on the Geneity platform in 2013, including Gala Coral.
Meanwhile, Playtech announced that one of its top licensees, Coral Interactive, has launched Playtech’s Mobile Poker solution.
The launch is an extension of Coral Interactive’s current poker offering, allowing their players to enjoy their favorite Poker games on the go using Playtech’s Mobile Hub functionality.
