Playtech Casino Software Provider
By: CasinoAdvisor.com, Sunday June 15th 2008
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Playtech is one of the leading online casino software providers in an industry that has been growing since the early 1990's. As more and more casinos hit the internet that means there are going to be more software providers trying to get a piece of the pie. The latest news from Playtech surrounds their yearly and quarterly reports.
Playtech in the last year was up by 86% in their total revenues making 103.6 million dollars last year. In casino revenue they were up by 58% totaling out at 74.7 million dollars. The poker industry is what has grown the most for Playtech and perhaps we will be seeing more from them in this arena. Poker revenues are up by 269% with close to 27.4 million dollars as opposed to 2006 at 7.4 million dollars.
Some of the highlights from Playtech which has made these revenues important were Playtech's iPoker network. It gives you software on your phone as well as on the computer. In fact it is the largest world's online poker network to date.
Playtech has also offered 650 jobs worldwide as their need for development, pre and post sale resources rise. With the complete of the Video bet switchable technology they have also gained ground in the last few years, and particularly the last few months. The video bet allows for the operator to work with the machines on a standalone basis as well as work with it on the server. Being able to have two different programs rolled in one has allowed the players to have more fun no matter where they are and whether they are connected to the net at all.
The online casino software from Playtech is available in two different structures for the online casinos. They offer download or flash player software. They also offer 3 D graphics, animation and sound.
Playtech is going to be releasing some new games in which they will still have the loyalty tools such as VIP, refer a friend and comp points. They offer game play speed, card size, and close up slots so that you can see what will happen on the screen. The real time game and transaction history adds to Playtech's technology. It is what makes their company one of the most successful on the net combined with an investment strategy that helps pull them forward.
In other news from Playtech, they have just announced their quarter report for 2008 as well as the yearly report we already spoke about. They have also made further head way since April with their new licensing agreements.
Playtech is working with Betsson in order to get Betsson some products for online gambling. Betsson is one of the larger online gambling operators in the European market. This is quite a boon for Playtech software as they will be releasing a lot of their new games into the European market with the Betsson contract. Overall we can see improvements will be made to the technology they have so far, for better gaming in the months and years to come.
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