Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

What a Recovery!

It’s been a little over two years since the US government controversially banned offshore online casinos from accessing the US market – a move that caused many foreign gambling companies to lose a huge portion of the net worth as their market has cut significantly. In the past couple of years though many of the stronger companies have managed to not only recover from the losses of the UIGEA, but to also perform extremely well in the new markets. Playtech announced some pretty stellar growth and revenue figures for the beginning of 2009 – the report definitely adds credence to the notion that Playtech is one of the worlds top and strongest online casino software development companies.

The specific results indicate that Playtech saw annual revenues skyrocket over the past year – up a whopping 70 percent. That’s a huge figure and shows that the company’s growth and brand strengthening strategies are working exactly as planned. Some of the new profits and growth are a direct result of Playtech’s advantageous brand licensing deals – these are the crème brule of the software deals and Playtech has been very successful in securing exclusive access to some of the top global brands.

2008 was a great year for the company overall and as a part of that year-end report management has indicated that 2009 is off to an even stronger start than the previous year, and that’s saying something. Although the new year is still fairly young Playtech shareholders will undoubtedly welcome the news that profits and revenues continue to rise and the company’s prestige continues to grow as well.