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Who are Playtech?

Playtech   Established in 1999 and based in the United Kingdom, Playtech is a leading developer of online software for casinos, poker rooms, bingo and a wide variety of arcade games. The company's official name is Playtech Cyprus Ltd.

In terms of gambling software, Playtech is one of the few online developers which has been certified by an Accredited Testing Facility: BMM International. The company has also passed the standards of casinos, gambling operators, manufacturers of gambling products and major gaming and wagering regulatory bodies in the US, Europe and Asia.

Playtech has an impressive roster of online clients that use its gambling software. These include Bet365 Casino, Betfred Casino, Casino Tropez, William Hill Casino and many more.

Moreover, Playtech also runs the software of numerous bingo sites, particularly the Network Members of Bingoland. Just like a network of online poker rooms, sites in the bingo network have shared games, chat, jackpots and even shared profits. All of these sites are pictured in the main Bingoland site. Each site offers slightly different features, graphics and games to distinguish itself from the rest of the sites in the network.

On the other hand, there are also major sites with a strong customer base that have opted to be separate from the bingo network as Independent Licensees, such as BetFred and Golden Palace. All the proceeds from these sites go only to the individual operator.

Aside from its strong presence in online casino and bingo rooms, Playtech also provides its software to an online poker network known as iPoker. Like the bingo network, these poker sites share games, software and profits although each site has a distinctly different appearance and gameplay to make itself unique.

At present, Playtech is currently working on software for the poker website of Manchester United, based on an agreement that also involves Betfred. Under the agreement, Playtech will power the Manchester United poker site for three years.

Playtech has been listed on the London Stock Exchange since early 2006. Its stock symbol is PTEC. Playtech is currently headed by Mor Weizer, CEO. The company now has more than 300 employees in several countries.

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