Press Release 25th February 2016
Playtech post strong results for 2015.
|Adjusted Net Profit||€205.9||€190.8m||+8%|
|Reported Net Profit||€135.8m||€140.3m||-3%|
|Adjusted diluted EPS||67.5 €c||65.6 €c||+3%|
|Total dividend per share||28.5 €c||26.4 €c||+8%|
Alan Jackson, Chairman of Playtech, commented:
“Whilst 2015 was an incredibly busy year for Playtech, our operational performance was stronger than ever, delivering reported revenues up 38% and up 26% on an underlying basis.
“The Gaming division continues to lead the industry and drive our growth. Our pipeline of opportunities continues to be very strong and we expect significant wins in 2016, led by our pioneering omni-channel offering and driven by existing and newly regulated markets. Our newly created Financials division is developing well and we have further improved its business model.
“We have many opportunities for further growth, both organically and through M&A, with active discussions on a number of potential acquisitions in the Gaming division. Should suitable acquisitions not be available, consideration will be given to returning cash to shareholders as we look to maintain an efficient capital structure.
“Taken together, we are confident in strong growth in 2016 and beyond.”
Press Release Ends
Whilst no specific mention of live casino has been made with the exception in the main report of the release of Prestige Roulette, we should expect massive improvements with live casino over the next 12 months.
The recruitment of Kevin Kilminster from William Hill is the catalyst of change and I expect there to be lots to talk about this year.
Other noteworthy figures is the increase in revenues through mobile. It represents 21% of 2015 software revenues compared to 16% in 2014.
I have tried to be objective and consistent with all my live casino reviews. Hopefully, they will strike a chord with you, but I thought it might be helpful to explain the criteria I use to mark each of the casinos. Hopefully, the categories and explanations make sense.
Playability – What is the overall impression of the casino? Did I have a good time? are the dealers nice and chatty and is everything easy to understand? Does it have a good set of games and is there a comprehensive set of betting options? Are high stakes players taken care of?
Software – What is the software like to use and does it integrate well with the rest of the casino?. Are the images clear and is the video streaming fast? Have they taken more than the default shared tables? Is it available on mobile?
Payment Options – Does the casino have a good variety of payment options? Do they payout quickly and on time?
Security – How good is the reputation of the casino amongst other players? Do they hold a valid gaming license? Are they transparent about the security measures they have in place? Are they regularly audited? Do they publish this information?
Support – Do they have multiple methods for communication with me? Is support available 24×7? Do they have instant chat and are they quick to respond? Are they able to help me immediately? Do they have an online FAQ and self-help library? Are the support people knowledgeable about the product I’m playing?
Bonuses – Do they have bonuses?. How strict are the wagering requirements? Do they offer repeat bonuses?. Do they offer loyalty points and can they be redeemed for cash or playing credits?
After all that, would I play there regularly?