Playtech set to quit publishing Q1 & Q3 trading updates

move that sees the company fall in line with many other Premium Listing businesses on the London Stock Exchange, gambling software giant Playtech has announced that it will no longer release trading updates for the first or third quarters of the year.

Playtech’s next trading update is now expected to be delivered at the company’s AGM on May 18.

The decision to cut Q1 reports follows a recommendation from the UK Investment Association for companies to move away from publishing four trading updates a year in order to encourage more responsible long-term investment strategies.