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Playtech Revenues Soar 47% in Q3; Already Matches €456.9 Million From Whole of 2014

While gambling companies like Ladbrokes, William Hill and bwin.party all announced trading figures with many red indicators, investors in software company Playtech are smiling after the company revealed its revenues have already matched the €456.9 million generated throughout the whole of 2014.

Playtech's revenues increased a staggering 47% to €170.9 million for the third-quarter of 2015, beating the prediction of Deutsche Bank by €35 million. The news saw shares in Playtech finish up 80.5p to 873p per share although it is still some way short of the 936p 12-month high hit in July 2015.