Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games and fixed-odds arcade games online. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Virtue Fusion is Playtech’s bingo platform. The platform, which was acquired in 2010, has been enhanced by the purchase of ECM Systems in 2016.
iPoker is Playtech’s poker platform. It was implemented in the UK by casino game designer Geoff Hall, inventor of Blackjack Switch and currently has more than 60 members of staff. The network works using a skin-based system. This simply means that each site on the network has its own skin of the underlying poker interface; the lobby, table layout and design are all exactly the same.
However, each site can apply its own colour scheme and branding. Most importantly in order to maintain the liquidity needed to operate a successful poker network, each of these skins shares the same player pool. As of April 2014 the network had 30 active skins.
Playtech BGT Sports, a majority-owned subsidiary of Playtech, provides sports betting software and technology to bookmakers. It was formed through the 2016 acquisition of Best Gaming Technology GmbH, which was then merged with Playtech’s existing sports businesses. As of 2016, its software powers approximately 27,000 self-service betting terminals for operators such as Ladbrokes, Paddy Power, and OPAP.
Type: Public
Traded as: LSE: PTEC
Industry: Software
Founded: 1999; 21 years ago
Headquarters: Douglas, Isle of Man
Products: Online gaming and casinos software and associated services
Website: www.playtech.com