Playtech, what it is and what is its history. Let’s find out all the details together in this article dedicated to online casino software
If you have ever played in an online casino, you have most likely come across Playtech software. Why, you ask? Simply because Playtech is one of the oldest and most trusted online casino software companies still in business. You can find their games in all reputable gambling sites. But before we review their games, we would like to tell you about how the company has developed over the years.
Brief history of Playtech
Playtech was founded by Teddy Sagi in 1999. He founded the company together with partners from the gaming, software engineering and multimedia industries. Their first product of casino online was launched in 2001. A few years later, in 2006, Playtech publicly floated its company on the London AIM market. The valuation was $950 million. While their IPO was a success, the timing couldn’t be worse, as it was the same year that the UIGEA was passed in the US. As a result, Playtech’s shares plunged 40%. Six years later, the company moved to the main market of the London Stock Exchange and shortly after was listed on the FTSE 250 index. Despite the temporary decline in shares, Playtech has continued to grow, acquiring several companies in the last 5-10 years.
Some of the companies acquired are:
- Videobet Gaming Technology Solutions – At the time, GTS was a leading software developer.
- Virtue Fusion Limited – Is a developer and licensee of online bingo products.
- Intelligent Gaming Solutions – Provider of casino management solutions.
- PT Turnkey Solutions Limited – Another management solutions provider.
- Mobenga – Leading developer of mobile games.
- Ash Gaming – A game development studio.
As a result, it has become a huge force in the gambling industry. Playtech operates dozens, if not more than 100 casinos, poker rooms, bingo halls and sportsbooks. Today Playtech has over 5,000 employees, with offices in 17 different countries. It has 140 global licenses and operates in 20 regulated jurisdictions.
What games does Playtech offer?
Now let’s talk about the different games of casino online that Playtech has in store. According to their website, they have more than 600 games – although this varies from casino to casino. Their game library can be accessed from your chosen casino, while half of the games are available on mobile phones and tablets. Please note that the following lists do not include all Playtech games. But this should give you an idea of what to expect from a Playtech casino.
- Slot machine come Age of the Gods, Buffalo Blitz e Ugga Bugga;
- Blackjack;
- Baccarat;
- Poker;
- Roulette;
- Video poker;
- Live dealer games.
One of the coolest things about Playtech gaming machines is the superhero themed slots. There are several that revolve around Marvel, including the Hulk, X-Men, Wolverine, Iron Man, and the Punisher. But there are also several DC slot machines to play, such as Batman, Superman and Wonder Woman. Playtech also has more than 30 progressive jackpot games. Most of these are part of a progressive network, which means that money contributes to the jackpot regardless of where the game is played.
For further updates and news, keep tuning in to techgameworld.com.