Playtech is one of the leading casino software providers and was founded in 1999. Originally located in Estonia, the casino has revolved and continued to grow steadily after the launch of its first casino in 2001. By 2005, Playtech went public with an Initial Public Offering (IPO) on London Stock Exchange. Playtech has integrated with several smaller providers, and this has helped it gain massive recognition in the gaming community. Hardly will you see a casino that does not offer games from Playtech.
Playtech boasts of over 600 different games among which are Live Dealer games, Slots, Bingo, Sportsbetting, Scratchcard, Lottery, and Table and Card games. The provider has also developed a series of products for landbased casinos. An amazing feature about games developed by Playtech is that it is responsive across different mobile devices. Playtech ensures that their online products are HTML 5 compatible. In terms of live dealer games, they offer dedicated tables with dealers that can speak to the UK, Spanish, Italian and Romanian markets.
As mentioned earlier, Playtech has quite many online casino games. The provider is approved by the Alderney Gaming Commission. Some of the slots developed by Paytech are the Great Blue, Ages of Gods, Everybody’s Jackpot and Pink Panther. Since the launching of its iPoker network, the company has continued to acquire several small developers. Some of the notable subsidiaries of Playtech are Quickspin, Eyecon and Ash Gaming. These acquisitions have allowed the company to expand and play a huge role in the gaming community.
The company has also partnered with different casinos such as Videoslots, Leo Vegas and Get Lucky to provide quality game experience to players. Among the table games provided by Playtech are blackjack, casino hold’em, keno, Poker and baccarat. The company has managed to stay above its competition by continually improving its gaming products and software solutions. Playtech has also won several awards for offering the best business-to-business (B2B) services. One of the company strategies is to attract new licensees into the online gambling market.
Playtech Softwares and Security
Playtech has gone to great lengths to ensure the security of its games. The company has a licence from the UK Gambling Commission, and it adheres to internationally accepted standards in its game creation. Being a UKGC licensee, Playtech will undoubtedly ensure that it is fair to players. This means that the games will be completely created in such a way that the outcomes will be randomized. The company uses advanced Randon Number Generator (RNG) to ensure this randomization and give each player an equal winning chance.
All the games provided by Playtech are reviewed and audited regularly to ensure that it complies with all necessary codes. Thus, you can be confident that you are safe when playing one of Playtech’s games. Playtech also takes responsible gaming very important. Accessing the company website, you will be required to provide your date of birth to determine if you are of legal age. Any casino using Playtech software is vetted properly to ensure that they conform to the responsible gaming requirements.
Although Playtech is essentially a casino gaming supplier, it provides quality service to gamers in the form of bonuses. The company has a strong sense of customer satisfaction, so it has gone a long way to incorporate these bonuses in its variety of games. These bonuses and promotions can be found on many online casinos using Playtech gaming software. This includes both online and land-based games developed by the provider. With these bonuses, players can get a chance to get lucrative rewards.
Playtech has continued to acquire several gaming institutions to provide the best services to its customers. In 2009, the casino signed an online gaming software agreement with William Hill PLC. It has also partnered with several landbased and online operators, and this has allowed it to grow continuously in the online gaming market. The company recorded its highest shares in late 2017. Playtech business strategy is jeered toward supporting organic growth, and it has continued to achieve organic revenue growth.
While Playtech an industry leader in terms of game development, it has also been involved in some scandals in the past. One such scandal is the progressive jackpot scandal that occurred in 2009 when Sylvia won over $4.1 million on the Beach Life slot machine at Joyland Casino. The company was said to be unable to pay the whole money instantly and had to spread the payment over a consecutive 39-years. The reason given for this is that the withdrawal limit for the casino was $10,000 a month.
Summary and Remarks
Playtech is a software provider that has been around since 1999, and has grown to be an iconic figure in the gaming market. The company provides a wide collection of games for both landbased and online casinos. Playtech is licenced by the UKGC, and it offers gamblers a chance to win bonuses on some of its games. Although the company was involved in a scandal in the past, its services are one of the best. It has acquired other small providers such as Quickspin, Eyecon and Ash Gaming.