Collection of 300 million dollars by Buoyant Playtech for War Chest
September 4th, 2008
3 September 2008
LONDON, England- After declaring the rise of 45 % in the half-year pre-tax profit, Playtech has announced the collection of 300 million dollars for spending in the acquisition.
As the regulations in the gambling industry have been allayed in Europe there are chances for opening up the new market. This will help the company to take advantages of such an opportunity in Europe.
The client of the Playtech includes Paddy Power and Party Gaming and it sells gaming software products with online poker, bingo and casino to these clients. They charge 15 to 20 % from the operators on each transaction.