One of the factor to measure the development of the gambling industry is the trade of the gambling software. In this context, good news from Playtech, the most known producer of gambling software. Its revenues increased with 101% to $32.7 million during the last quarter of the last year. Its casino games division rised to $22.9 million and its online poker software up to $9.4 million in revenue.
Playtech Cyprus Ltd. is a gaming software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, and fixed-odds arcade games online. After UIGEA implementation in US, the company’s stock suffered a one-day fall of over 40%. It subsequently recovered the losses to stand at near its 52-week peak in February 2007.
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