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Playtech Confirms Poker Revenue Decline

iPoker Network Experiences 20 Percent Fall In Poker Revenue

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Playtech, the publicly quoted Israeli online gaming operator, today announced its full year results for 2011 confirming an online poker decline of 20 percent to €21.8 million from €27.4 million in 2010.

The company, which operates the iPoker network, said, “Excluding the French market, network liquidity grew over 20% on a like-for-like basis in the year, reflecting the success of its licensees in attracting players who were keen to migrate to high quality operators in the aftermath of the DoJ’s actions.

In addition, the summer launch of cash tables in Italy helped to maintain momentum in what remains the most attractive of new regulated markets.

Playtech is currently in talks with William Hill over the future of their joint venture William Hill Online.