Playtech’s Roger Withers confirms retirement as Chairman

iGaming software supplier Playtech published positive interim results for  2013 that saw the company report a 15% year-on-year increase in total revenues to €176.8 million ($237 million) in the first half of 2013 from €1 53.8 million the previous year. Playtech further announced that gross income had increased to €194.9 million to generate an adjusted net profit of €84.9 million, up 0.5% on the 2012 figures.

Playtech highlighted increased performance on its mobile platforms and the signing of exclusive partnership deals with Betfred, Bet365 and Sky as the drivers in the companies opening 2013 performance. Playtech announced that it was  further exploring penetrating new markets in Latin America and increasing/optimizing its partnership in  Europes regulated markets.

“Once again Playtech’s tenacity and drive have been demonstrated in these results as it has focused on deepening its licensee relationships; creating innovative new content; and providing its customers with cutting edge products and services,” non-executive chairman Roger Withers said.

“As online gaming continues to focus on mobile, it is pleasing to see our investment in this increasingly important market paying-off across many product areas. The company continues to capitalise on its customer-focused strategy and strong balance sheet: Playtech remains the world’s leading supplier of technology and services for the online gaming industry and can look to the future with confidence and optimism.”

Further news from Playtech saw the company announce that Roger Withers will retire from the board and as non-executive chairman of the company on October 9 .Withers, who will step down after seven years in the role, will be retained in an advisory role, while Alan Jackson, currently the senior non-executive director, will take over as non-executive chairman.