Acquisitions boost Playtech

Playtech, the world’s biggest provider of online gaming software, said 2012 had started well following a series of acquisitions that have bolstered its presence in a booming internet gambling industry. The Estonia-based company, which operates a joint venture with Britain’s biggest bookmaker William Hill, reported 46 per cent revenue growth to €207.5m (£173m), with adjusted earnings before interest and taxes up 22 per cent to €125.5m, beating analysts’ expectations of €111.6m.