Average daily revenue YTD in B2B Gaming (ex Asia) are +7%, which implies a slight improvement to the time of the full year results in February and the AGM statement in May 18. Average daily revenue in Asia impacted by increasing competition. As a result management expect a significant impact on revenue throughout the rest of the year and the current run rate in Asia is materially below both the average 2H17 and the expected average for 2H18. Management citing expects revenue could me c. &euro
02 Jul 2018
B2B Asia remains difficult
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B2B Asia remains difficult
Playtech plc (PTEC:LON) | 736 -36.8 (-0.7%) | Mkt Cap: 2,275m
- Published:
02 Jul 2018 -
Author:
Michael Campbell -
Pages:
3
Average daily revenue YTD in B2B Gaming (ex Asia) are +7%, which implies a slight improvement to the time of the full year results in February and the AGM statement in May 18. Average daily revenue in Asia impacted by increasing competition. As a result management expect a significant impact on revenue throughout the rest of the year and the current run rate in Asia is materially below both the average 2H17 and the expected average for 2H18. Management citing expects revenue could me c. &euro