Playtech has recorded an 18 per cent increase in revenues for the first six months of the year despite the €7m impact of its withdrawal from the French offshore market.

Revenues were also up on an absolute basis, rising five per cent from €72.9m to €76.3m, while net profit rose two per cent to €37.9m. The third quarter of 2010 saw the AIM-listed company experience a year-on-year increase in daily revenues for the first 54 days of Q3 of more than 23 oer cent, a figure largely attributed to the launch of cash poker and casino in Italy. Playtech was among the first wave of licensees to launch in the country, along with Ongame and 888.