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Record revenue for Playtech in 2013

Online game software giant Playtech announced it would pay an exceptional dividend of 100M€ to the group's shareholders, thanks to a significant increase of its benefits in 2013 and the selling of its 29 percent investment in William Hill Online during the same period. The dividend was made possible by Playtech's strong performance during fiscal year 2013, with a 16-percent increase of its revenue over the year, up to 367.2M€, and a 17-percent increase of its EBITDA, up to 159.4M€, as well as the selling of the 29 percent share the group had in William Hill Online, a joint venture created in 2008 with the British bookmaker, for £424M in February 2013. In France, the highlights for Playtech in 2013 were the launch of poker website Unibet on the iPoker network and of mobile website Everest Poker, which complemented the arrival of the Everest website at the beginning of 2013. On an international scale, the group signed numerous contracts: in the Netherlands with Holland Casino, in Spain with the Gran Madrid casino, and even in Mexico and Puerto Rico for its Videobet terminals. In terms of products, Playtech took over affiliation site PokerStrategy and launched Wild Spin Casino, its social casino website in a beta version on Facebook. After the group bought sports betting platform provider Geneity in 2012, it plans on expanding its customer base on this segment in the following months, by focusing on the sports event of the year that will be the football World Cup in June. Online casino, Playtech's star product, “performed exceptionally well in 2013”, the group indicated, with a revenue increase of 25 percent, up to 189M€, compared to 151M€ in 2012. The growth was generated by “a combination of organic growth, new clients, the expansion of the gaming portfolio and the increase of mobile offers, as well as live dealer casino.” Playtech's revenue increased by 16 percent, up to 367.2M€ in 2013, for an EBITDA rising by 17 percent, up to 159.4M. If you include the selling of its shares in William Hill Online, the net profit generated by Playtech in 2013 was 488.8M€.
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