Founded in 1999 by a consortium of land-based casino entrepreneurs and software engineers, Playtech has become a world leader in the internet casino software industry. Gaming fans enjoy Playtech games as among the top in most milieus from advanced online slots to the newest live-dealer games.
Playtech began strictly as an online casino software provider, first debuting its games on the internet in 2001 and the next year launching a site for the premier online casino based on an established European land-based casino.
Though Playtech’s bread-and-butter has always thus been in casino games, the company has also been something of a pioneer in other gaming areas as well. Indeed, in 2003, the company established Bingoland, an extensive worldwide bingo network; that same year, Playtech launched live gaming, a product literally years ahead of its time.
Through subsequent years, Playtech has also expanded its interests to include poker and other games of skill, not to mention to design and development of a universal platform in which Playtech games may be used as stand-alone, plug-and-play applications.
Beyond the games and networks themselves, too, Playtech is notable as innovator in supporting areas of the business as well. Within an environment in which requirements for regulation were essentially non-existent, larger game software companies must self-traffic by seeking advice of independent consultants. Playtech’s gaming software was first testing for fairness and randomness by BMM International in the early 2000s and TST approved the Playtech random number generator (RNG) in 2005; the company has acceded to proper independent regulation since then, thereby creating Playtech’s strong reputation for giving players a square deal within a secure environment.
Additionally, Playtech casinos no longer serve the American market or players so that the publicly-traded company might comply with the overriding (albeit confusing) U.S. law on gambling passed in 2006, the Unlawful Internet Gambling Enforcement Act.
In terms of the actual casino games, Playtech’s key move probably came in 2008, when the company signed an agreement to produce slot games based on Paramount Pictures movies, beginning with the highly successful slot based on the Academy Award-winning film Gladiator. At present, Playtech’s most popular games are surely those featuring Marvel Comics superheroes, another big-deal deal for the software company.
As a capital player in the growing market of multi-activity online casino gambling operations, Playtech is positioned as an important entity and the probability that they will continue strong and steady growth, expanding their wings of success into the days to come, is highly probable. If history is any indicator of future events than certainly the past innovations of Playtech can be considered, from industry firsts like real-time game and transaction histories, VIP rating and a Comp Points scheme, to prized fraud prevention capabilities.