StockMarketWire.com - Gambling company Playtech's adjusted profit fell 44% in the first half of 2020 compared with the first six months of last year, it announced this morning.

Earnings before interest, tax, depreciation and amortisation were €162.3m, down 16%. The company said the "resilient" result was driven by online and tradetech performance in particular.

Revenue from gambling totaled €476.7m for the first half, down from €688.7m. White label B2C gambling, including the company's powering of Sun Bingo, was up 21% to €29.5m.

CEO Mor Weizer highlighted Europe and Latin America as key growth markets for the company.




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