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Playtech Software has now 10 years of Online Gaming Excellence

Apr 27, 2010

Playtech is one of the world’s largest producers of online gaming software. For a decade, the company has been creating electronic games and online casino platforms for gambling providers all around the world. They have remained on the cutting edge of the industry throughout their tenure, and have developed a reputation for creativity and innovation that up-and-coming gaming software producers strive to match.

Playtech was founded in 1999, during the early years of the internet. They were not the first software company to enter the world of online gambling, so they spend a couple of years getting their feet wet before jumping in completely. In 2001, after two years of research and development, the first Playtech-powered internet casino was launched. Their software began to receive rewards right from the start, which was a huge incentive to continue their efforts.

By 2003, Playtech was already working to broaden the horizons of online gambling with the release of the world’s first Live Game system. This unique take on internet gambling made use of live video feeds of real dealers manipulating real gambling equipment. The video was then digitally incorporated into electronic casino games, creating a unique meld of online and offline gambling.

In 2006, Playtech was made public, and its shares were admitted to the London Stock Exchange. This was a time of great expansion for the company, despite complications introduced by the new UIGEA bill in the United States, which forced Playtech out of the American market. The company took the blow in stride, and simply continued to expand, branching out into related markets like online bingo and internet poker. Today, Playtech stands as one of the forerunners in the field of online gambling.

Playtech’s software gives players access to more than 140 real-money casino games. These range all across the board, from casino classics like poker, blackjack, and roulette to dozens of different video poker slot machines, each with its own theme and style. Some of their more unique games include Progressive Jackpot titles with collective prize pools that can grow into the millions, and Live Games that put a unique twist on the concept of online gambling. Playtech also hosts what might well be the most expensive slot game in existence – their 50-payline Thrill Seekers slot comes with a colorful carnival theme, and costs up to $50,000 for a single spin.

While Playtech-powered casinos cannot currently accept US players, legislation regarding online gambling in the US is on the verge of change, so things may look very different a year from now. Playtech has not suffered from the lack of exposure in the US, and is likely to embrace any changes that may come along.

In the meantime, Playtech stands as the world’s largest publically-traded provider of online casino software. Today, a full 80% of their employers work in research and design – a strong testament to their desire for innovation. The company’s motto is “Source of success” – it’s bold, and maybe even a little bit pretentious, but it certainly is appropriate.

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