Second Quarter Poker Revenue Falls 13 Percent at iPokerPlaytech’s iPoker Network Sees “Seasonal Effect” of 13 Percent Decline as World Cup Bites |
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Poker revenues at iPoker, the online poker network owned by Playtech, fell 13 percent in the second quarter of 2010 to €7.3 million from €8.4 million a year earlier.
This was “owing to the impact of the Football World Cup and seasonality effect” according to the company’s latest interim statement.
The second quarter decline in revenue was 15 percent compared to the first quarter of 2010 when revenues hit €8.5 million.
In the first six months of 2010 poker revenues were down 8 percent to €15.8 million compared to €17.3 million in the first half of 2009.
The company recently launched its government licenced French online poker network and said it was expecting more operators to join the network in the third quarter of 2010.
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