Gambling software development giant Playtech could be set to embark on a spending spree after it revealed it was in active discussions over a number of possible acquisitions following a report that the company's annual revenues increased by 38 percent for the full year of 2015.
Playtech, owners of the iPoker Network, saw revenues rise to €630.1 million in 2015 from €457.0 million in 2014. Its Earnings Before Interest, Taxes, Depreciations and Amortization (EBITDA), a figure used by many companies to reflect financial performance, increased 22 percent to €251.9 million.
Playtech Financial Highlights
| 2015 | 2014 | Change |
|---|---|---|
| Revenues | €630. |