2009 Good for Online Casinos
Playtech may not be representative of the entire online casino gambling
industry, but the software development company is one of the top tier sites in
the market and has turned out the company’s 2009 full year report. The full year
reports normally do not come for another several months from most online casinos
as they gather data and calculate new predictions, but Playtech had a banner
year and the company was very willing to share that news with the world.
Basically, all of the major aspects of the company have increased – net profit
and profits within many of the company’s various internet gambling divisions.
This news is pretty big though considering the decline that some companies took
over the past year as a result of economic declines in Europe and other key
The 2009 full year report indicates that the gambling company has realized a
profit of 71 percent in the past year – and that is quite significant and better
than many of the other online casino software development companies predict that
they have performed over the past year. Playtech has investments in several
emerging and key European markets – those investments in particular have only
continued to flourish and help the company grow new licensees and projects – 13
new online casino licensees in fact!
Another key benefit boosting the Playtech name right now is the company’s status
as a solid investment – investing houses evaluate companies within the online
casino gambling industry based on their viability with the current market
trends. Playtech has spent years building up an optimal position in the market
that positions the company to only benefit from market stabilization and the
industry’s expected expansions into new European markets.