Playtech, one of the world’s leading online and mobile casino software providers, recently announced their results for the third quarter of 2012. Gross income reached €79.9 million for the quarter alone, up from €61.5 million in the corresponding period of 2011. The largest growth area for the company was casino operations, incorporating their mobile casino provision, which saw growth of 33%, closely followed by their bingo services which increased in revenue by 17%.
We have long felt here at MobileCasino.net that Asia will be one of the next big breakout markets for mobile casino gaming and online gambling in general, and Playtech’s results support this theory. While the company’s share of revenues in Europe fell slightly – no doubt due to the rapid expansion of Net Entertainment as a software provider – 29% of their overall revenue totals came from the continent, up from 20% a year ago. The good news for fans of the platform, and of course Playtech themselves, is that actual revenues, as opposed to market share, grew in both regions.
When asked for his take on the results, Playtech CEO Mor Weizer was in a good mood and was happy to report year on year growth boosted by new licensees around the world and the increasing implementation of Playtech’s relatively new mobile platforms. Both the Mobile Hub, designed to bring as many full sized casino games as possible to mobiles, and their Mobile Bingo platform showed strong results and Weizer is confident that the mobile platform will continue to drive the company’s increasing international market share.
More focus will no doubt be placed on mobile gaming by the company, due in no small part to the reduced revenues earned by their poker division. After the furore surrounding online poker in general and since a time when television viewers could find poker on the schedules at all hours, it seems to have peaked with the online audience and is shrinking as an industry. Playtech will no doubt be looking to replace these revenues with new mobile licensees – something that they will only be able to achieve by matching and even exceeding the new offerings by the likes of Microgaming who already have a strong release line up for their mobile casino platform.
Fans of Playtech that have never had the opportunity to try their excellent mobile games will find a number of options on our list of recommended mobile casinos. Both Casino.com and Bet365’s mobile offerings are, like their main online casino sites, powered by the Playtech platform and come highly recommended to our readers. Of all of the recent innovations in the industry, Playtech’s Mobile Hub looks like the one to keep an eye on and will no doubt be the first to bring the famous Marvel slots to handsets and tablets.