Founded in 1999, Playtech Cyprus Limited is among the oldest casino software designers and built its reputation on a unified gaming platform. This platform allowed players to play the company’s game through a single interface and has made the company popular with many gambling and gaming sites Playtech software is used to on a number of poker sites, casino sites and bingo sites. Games are one reason Playtech is often the first choice of casino sites. It supports Texas Hold’em and a variety of poker variants, a huge market right now, but Playtech also offers innovative options such as virtual horse racing.
But games alone don’t make Playtech one of the leaders in the industry. The company supports a wide variety of languages for its operating system, including English, German, Turkish, Spanish, Italian, French, Dutch, Russian, Chinese, Japanese and Korean. So if you’ve explored the world of online casinos and gambling, you’ve probably already encountered PlayTech software. Some of the companies using Playtech software include GoldenPalace.com, Centrebet, Bet365, VCPoker, Titan Poker and Mansion Poker.
Playtech makes it easy for casinos to offer incentives and bonuses to customers, which helps it attract both customers for its product and players to the games. Bonuses include a Refer-a-Friend bonus, VIP and Comp points for play. These all appeal to the gaming consumer.
Playtech is a solid company with more than 300 employees around the globe. However, because of the Unlawful Internet Gambling Enforcement Act of 2006, it no longer accepts U.S. players. The gambling act in the U.S. affected a number of gaming business and sites and has caused issues with gaming companies based in Europe that the European Union has claimed the crack down on online gambling violates the U.S. commitments to the World Trade Organization. Only time will determine where the debate on gambling in the United States lands, but a move to allow gambling is certain to increase the value of Playtech’s stock.
