Playtech
From Online Casino Pedia
 | |
| Web Site | http://www.playtech.com/ |
|---|---|
| Available Since | 1999 |
| Trading | LSE: PTEC |
| Type |  CASINO |
| Customer Support | <data missing> |
| Services | Turnkey Operational Service Pack |
| Selected Brands | Casino King, Casino Las Vegas, Noble Casino, Swiss Casino |
Playtech Ltd. is a gaming software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming and fixed-odds arcade games online.
Playtech gaming software and casinos[1]
Playtech's gaming software has been certified by BMM International, an accredited testing facility and principal consultants to major gaming and wagering regulatory bodies, manufacturers, casinos and gambling operators throughout United States, Europe and Asia.
Notable companies using Playtech software include GoldenPalace.com Casino, Betfred, Centrebet, ToteSport, Sega Casino, Bet365, CelebPoker, VCPoker, Titan Poker, Mansion Poker. Other key Playtech casino brands include Casino Plex, Poker Plex, Casino Tropez, Europa Casino, City Club Casino, Jet Casino, Prestige Casino and Crown Europe Casino.
Playtech employs over 800 people in multiple countries.
Playtech, is considered as the largest publicly traded online gaming software supplier, offering value-added solutions to the online gaming industry's operators.
Playtech has established its presence in the online gambling growing markets both geographically and in terms of product development. The client-centric design of the Playtech gaming system provides operators with added value, and facilitates the optimization of their business performance.
Facts about Playtech[2]
2010: In January 2010, Playtech sealed a key strategic partnership with US-based Scientific Games. The partnership is comprised of an exclusive Joint Venture called Sciplay, bringing next generation internet products and services to the lottery industry. It also consists of an exclusive agreement for Playtech's Videobet to develop gaming terminal software for Scientific Games and its subsidiary The Global Draw.
In February 2010, Playtech acquired the business and assets of Virtue Fusion, the leading developer and licensor of online bingo products. Playtech now offer the largest bingo network in the world, with over 7,000 players at peak time. Shortly after the acquisition, Playtech signed an agreement with Boylesports, Ireland’s largest independent bookmaker, to provide them with its online bingo solution.
Further developments for Playtech’s bingo product saw the release of a bingo network for the newly-regulated Italian market, with one of the leading local operators the first licensee to join the network.
Following a major agreement with SEGA Games Ltd, Playtech will supply both casino and poker products for their online operations.
2009: Playtech continued to expand and penetrate the newly regulated markets, with a licensing agreement to supply casino and poker products to Casino Gran Madrid (CGM), one of the largest and most prestigious land-based gaming operators in Europe. Other notable successes include an online casino in Estonia operated by Olympic, the leading casino group in Eastern Europe, and a poker network and casino operated by the Serbian State Lottery. The Company established a poker network for the Italian market. Operators include Snai SpA Italy’s leading land based operator; Eurobet Italia s.p.A the Italian and international sportsbook owned by Gala Coral Group; Sisal SpA, a leading Italian land-based and online gaming company and Cogetech, which provides sports betting "white label" solutions to a variety industry-leading Italian and international operators.
A licensing agreement with NetPlay TV, the AIM-listed interactive TV gambling specialist, migrated all of NetPlay TV’s brands from their current software providers onto Playtech’s online system. 2009 saw the start of the William Hill Online joint venture operations, with migration completed in October. Playtech also signed a licensing agreement with Betfair, one of the largest operators in the UK.
New products were launched, such as Sports Betting and Live TV shows, and a wealth of new games were added to Playtech’s portfolio, including more of the popular branded games through a licensing agreement with Marvel Entertainment Inc.
The acquisition of Gaming Technology Solutions (GTS), one of the leading games aggregators in the industry, gives licensees access to over 500 games from 20 different content providers, via GTS’s EdGE open platform.
Playtech was approved as an Associate Member of the World Lottery Association (WLA), the global professional association for State lottery and gaming organisations.
2008: The Group added new licensees including Betsson, one of Europe’s largest publicly traded online gambling operators, Vista Global Limited, the group behind the Hollywood Poker brand, and Genting Stanley Alderney, a subsidiary of Genting International, a leading integrated resorts specialist.
An exclusive licensing agreement was signed with Paramount Digital Entertainment, enabling Playtech licensees to offer games featuring well-known Paramount Pictures brand, "Gladiator".
2007: Playtech experienced substantial growth, with monthly revenues for 2007 exceeding those reached prior to the enactment of the 2006 Unlawful Internet. Gambling Enforcement Act, banning online operators from the US market. It won 15 licensees in all including Mansion and CY Foundation.
The Group successfully completed the migration and integration of the Tribeca poker network, acquired end-2006.
iPoker became the largest online poker network in the world with over 30, 000 concurrent real money players at peak times.
2006: Playtech’s shares were successfully admitted to the AIM market of the London Stock Exchange.
The Group announced its membership in the Remote Gambling Association (RGA) and received an official Certificate of Prior Approval from the Alderney Gaming Control Commission (AGCC).
2005: Playtech’s Random Number Generator (RNG) receives certification from TST.
The creation of Mobile Gaming allowed players to play on the go, with casino games now available for the mobile.
2004: The iPoker network was launched.
The launch of integrated casinos and other branded gaming applications for sportsbook giants like Bet365, the Tote, Betfred, and the Stanley Leisure group, consolidated Playtech’s position in the UK.
The Group’s gaming software received the official Certificate of Evaluation from BMM International.
The wholly owned subsidiary Videobet was launched, offering a comprehensive land-based terminal gaming platform.
2003: Bingoland, Playtech’s worldwide bingo network, hit the market.
Playtech launched Live Gaming; live dealer tables broadcast in real-time via high quality video streaming.
2002: Playtech launched the first established European land-based casino to go online.
2001: The first major deal struck with an existing online operator.
2000: Market analysis and product definition commenced. The blueprints of Playtech’s software architecture took form.
1999: Playtech was founded by entrepreneurs from the casino, software engineering and multi-media industries.
