Playtech – Leading the Casino Industry in Powerful Gaming Software
Thursday, June 17th, 2010
Playtech is one of the most well-known online gaming developers. Although Playtech entered the industry later than most other developers, they have grown significantly to become the world’s largest publicly traded internet gaming developer. Through innovation and advanced technology, Playtech has sold the most licensees and is listed on the London Stock Exchange under the PTEC ticker.
The History of Playtech
Playtech was founded in 1999 by employees from the casino, software engineering and multimedia industries. One year later, the blueprints for Playtech’s software were created. Shortly after, a deal was struck with a major online gaming operator. In 2002, Playtech unveiled its first online gaming software for a European casino.
2003 brought further expansion with the creation of Bingoland which is a global bingo network. That same year, Playtech introduced Live Gaming which involved live dealers being broadcast via streaming video. 2004 was a major advance in business for Playtech. By launching the iPoker network, an integrated network of online casinos, greatly boosted business.
In 2005, Playtech created mobile gaming for cellular devices and other forms of mobile communication. 2007 was a major expansion year for Playtech. As monthly revenues exceeded projections, Playtech added the Tribeca Poker Network to their repertoire. That same year the iPoker Network became the largest in the world.
From 2007 to the present, Playtech has significantly expanded within the United Kingdom and across Europe, penetrating regulated markets. During this time, the company added lottery systems, new poker networks and new bingo solutions.
Playtech Products
Playtech offers a variety of online gaming products including:
- The iPoker Network
- Bingo
- Mobile gaming
- Live gaming
- Asian games
- Fixed odds games
- Server-supported terminals
- Video betting
- Sports betting
- Progressive betting
Other Achievements
In addition to creating online gaming networks, Playtech also developed ideas that are used within every current online gaming platform. For instance, they created VIP ratings, comp point schemes, real-time transaction histories, game histories and innovative fraud-prevention tools. The most important development was unified-platform technology. This linked all games offered by a specific online casino or set of casinos.
Since its creation in 1999, Playtech has quickly become an industry leader in developing online gaming systems that are secure, reliable, and quick, offering excellent graphics, cross-platform abilities and multi-lingual software. As they continue to create innovative gaming projects, they will surely pull far ahead of the competition.


