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First Quarter Results are in

As the fourth month of the year draws to an end, online casinos are reviewing their progress, revenue, and policies during the first quarter of 2007. Playtech is a turnkey provider, as well as a company specializing in development of online casino games. Playtech is one of the companies that did see a dent in their predicted revenues because of the anti-online casino legislation in the United States.

But in good news for Playtech, revenues from Europe and holdings from other countries, are increased from the first quarter of 2006. The company has a lot to be pleased with considering the revenue from online casinos not based in the U.S. rose steadily across each quarter in 2006.

Also, the first quarter of 2007 proved hugely successful in regards to Playtech’s recent mergers. The company merged Tribeca licenses into the iPoker network, making Playtech one of the largest internet poker gaming Web sites on the internet.

Also, like CryptoLogic, the company is hoping to bounce back from the U.S.’s anti online casino gambling legislation by expanding operations into Asia. Once the company gets a firm basis in Asia, most are predicting that the revenues will only continue to rise in the coming years.