Playtech Remains at the Point of
Change and Development
It all began in 1999 when online gaming software developer Playtech
began its business and the world has never been the same since.
Playtech has been at the forefront of the online casino gaming revolution
and its sensational meteoric growth over the past 15 years that
has made it among the most rapidly growing business sectors of any
kind. And while it is nice that Playtech will always be known as
a founding father in the online gaming industry it is just as important
to recognize that Playtech is a leader in the continuous innovation
that is a major ingredient of the online gaming culture.
Headquartered at Douglas, Isle of Man, Playtech generated over
367 million Euros of revenue last year and has proven to be resilient
to the volatility of the market as it has recovered from a 40% drop
in stock price during the crackdown of the United States government
on online gaming to now employ 3,500 people.
Last year Playtech again proved its superior ability to stay ahead
of the game and up to speed in the rapidly and ever changing online
casino industry with the acquisition of PokerStrategy.com in a 38
million Euro acquisition. Playtech liked the combination of cost
and revenue synergies and felt that such a combination would enhance
their overall earnings.
With the best in gaming software development look for Playtech
to remain a dominant force in online gaming for years to come!
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