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Record Revenue For Playtech In Q1 2008
6 May, 2008

NEWS

SOURCE: Press Release

(Isle of Man) — Playtech (AIM: PTEC), the international designer, developer and licensor of software for the online, mobile and land-based gaming industry, today announces its Key Performance Indicators for the quarter ended 31 March 2008.

Financial Highlights

- Record revenues for the quarter totalling $39 million, representing an increase of 97 percent on the $19.8 million earned in Q1 2007 and an increase of 19 percent on the $32.7 million achieved in Q4 2007

- Casino revenues totalled $27.2 million, an increase of 79 percent from $15.2 million in Q1 2007 and an increase of 19 percent from $22.9 million in Q4 2007

- Poker revenues totalled $11 million, an increase of 161 percent from $4.2 million in Q1 2007 and an increase of 17 percent from $9.4 million in Q4 2007

- Significant growth in April with more than 9 percent revenue growth over the monthly average during the first quarter of 2008

Operational Highlights

- 9 new licence agreements signed so far in 2008 and two licensees launched at the end of Q1

- Strong pipeline of potential licensees

- Soft launch of Asian P2P games during Q1. Full roll out expected during Q2

- Development of Flash Poker product completed. Full roll out expected during Q3

- iPoker network became the largest non U.S. poker liquidity pool in the world during Q1*

- Commenced homologation process in various regulated jurisdictions

* source: pokerscout.com

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