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Playtech’s poker and bingo businesses saw an increase in activity in recent days due to restrictions on movement imposed by governments. The company said its trading platform and payment services business has benefited from the rise in market volatility and brought in core profit of over EUR 30m ($32.5m) so far in 2020.
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“Even if the current level of disruption continues for a prolonged period, the group has enough liquidity to last it well into the second half of 2021,” Goodbody gaming & leisure analyst Gavin Kelleher, said in a note.
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