Playtech B2B revenues down 9% as Asia struggles continue

Provider’s share price almost unmoved in early trading as Snaitech B2C business posts 26% EBITDA growth

London-listed gaming supplier Playtech today reported a 9% drop in B2B gambling revenues to £265.5m, driven by continued struggles in Asia. Regulated B2B gambling revenue grew 8% on a constant currency basis, but unregulated B2B gambling dropped 29%, largely driven by a 36% decline in revenues from Asia. B2B casino revenues fell 25%cc to £130m,…

Alan Jackson | Finance | GVC Holdings | Mor Weizer | Playtech | Sun Bingo