12th Mar 2007 07:04
Playtech Limited12 March 2007 Playtech Limited ("Playtech" or "the Company") Operational Update Completion Of The Migration Of The Tribeca Poker Network Onto The Playtech Platform Playtech (AIM: PTEC), the listed international designer, developer and licensor of software to the gaming industry, today announces an operational update following the acquisition of certain non-US assets and undertakings of Tribeca Tables Europe Limited ('Tribeca') on 13 November 2006, Playtech is pleased to announce that the migration of the Tribeca and Tain poker networks onto Playtech's network has now been completed, a month ahead of initial management expectations. Playtech is delighted to note that within the last 5 months, the number of concurrent players during peak time has increased from 8,400 to over 20,000 players post migration. In addition to the poker royalties that Playtech will receive from its enlargedpoker network, it should be noted that the Group has been successful in crossselling side casino games to a number of the poker licensees which will resultin an additional revenue stream. The acquisition significantly strengthens Playtech's share of the global onlinepoker gaming market and is in line with the Company's continued strategy todiversify its portfolio and geographical reach making it the World's leadingpoker network. - ends - For further information: Avigur Zmora, Chief Executive Officer, Playtech Limitedc/o Bell Pottinger Tel: 020 7861 3232www.playtech.com Bell Pottinger Corporate & Financial Tel. 020 7861 3232Peter Otero / Amy Rajendran This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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