Big Q4 for Playtech -- Playtech’s fourth quarter results (ended Dec. 31, 2007) have exceeded management expectations, with revenues climbing 101 percent to $32.7 million compared to Q4 2006, the company said today. Playtech’s KPIs revealed massive increases in revenues across the company’s casino and poker sectors. Full-year revenues totaled $103.6 million, an increase of 86 percent over 2006.
Coming Later -- Unibet said today that it would delay the announcement of its fourth-quarter and full-year results from Feb. 13 to Feb. 20 due to the increased complexity of the group following the December acquisition of Maria Holdings Ltd. The board wants the best assurance that the un-audited fourth-quarter announcement will not be subject to material changes in the annual report, the company said in a prepared statement.
Just in Time for Euro ‘08 -- French casino group Partouche has said it will launch a new sports betting Web site targeting the U.K. market in the second quarter of 2008. Partouchegaming.com will be available in English and will specifically target U.K. residents. The company’s goal is to launch in time for the start of the Euro 2008 Football Championships in Austria and Switzerland in June.
Real Estate Sold -- Neteller announced today that it has completed the sale of its principal property in Calgary to Canadian property investment company Leben Investment Corp. for CDN $33.5 million. Neteller will continue to lease two areas of the property from the new owners.
Stock Watch -- On the LSE today, 888 was up 7p to 131.50, London Capital Group was up 13p to 328.00 and Playtech was down 14p to 381.00.