| Abstract: |
Playtech is engaged in developing and licensing of software and the provision of ancillary services for the online and land-based gaming industries. The company offers casino, poker, bingo, sports betting, live gaming, casual and fixed odds gaming applications. The company operates in the UK, Isle of Man, British Virgin Islands, Israel, Estonia, Bulgaria, Romania, Cyprus and Antigua. It is headquartered in Douglas, Isle of Man, and employs around 3,400 people. The company recorded revenues of E367.2 million (approximately $487.7 million) in the fiscal year ended December 2013, an increase of 15.7% over 2012. The company's operating profit was E140.5 million (approximately $186.6 million) in fiscal 2013, an increase of 18% over 2012. Its net profit was E166.4 million (approximately $221 million) in fiscal 2013, a decrease of 1.1% compared to 2012. |
