Strong growth in Playtech trading update

In a brief H2/2016 trading update, Playtech reported continued strong growth in underlying daily average revenues which it said are moderately ahead of the first 55 days of H2 as reported at the time of the 2016 interim results in August.

Reported revenue growth in the same period has been impacted by the recent significant weakening of Sterling and other currencies against the Euro, Playtech said.

The company said its Financials division had seen positive signs of improvement in first time depositors and active customers in H2 2016 although overall performance has also been impacted by low market volatility.

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