Playtech Limited
09 October 2007
Playtech Ltd
('Playtech' or 'the Company')
bet365 move poker to Playtech Platform
Playtech (AIM: PTEC), the designer, developer and licensor of software to the
international online and land-based gaming industry, today announces it has
successfully integrated and migrated the online poker gaming activities of
Hillside (Gibraltar) Ltd ('bet365') to the Playtech iPoker platform.
bet365, a valued client of Playtech, recognised as one of the world's leading
online gambling operators, is migrating its poker operations, after having
migrated its casino products to Playtech in 2005.
The long term contract with Playtech is for an initial term of 3 years and will
also cover the integration of all of bet365's poker, mobile and Asian P2P games
in order to maximise the cross-selling opportunities available to the company.
The migration follows bet365 extending its existing casino contract for a
further 3 years.
iPoker is the world's largest independent poker network. bet365 is planning to
utilise the iPoker network to target both European and Asian markets with a
range of customised language and culture specific games.
Mor Weizer, Chief Executive of Playtech, said:
'We are delighted that bet365 has extended its relationship with Playtech to
include its Poker operations. bet365 is a highly respected operator in the
market and we have very much enjoyed working with them on their casino offering
since 2005. The fact that it has today migrated its poker operations is a
testament to the strength and success of our relationship and we look forward to
similar successes going forward.
Steve Ibberson Managing Director of Hillside (Gibraltar) Limited, added:
'We are very pleased with the smooth and successful migration of our poker
product to the iPoker network. After careful consideration of our options, we
selected Playtech as our preferred exclusive software provider for our combined
casino, poker, mobile and Asian P2P activities. Playtech's expertise in
penetrating global market places was of particular interest to us.'
- ends -
For Further Information:
Mor Weizer, CEO, Playtech Ltd
c/o Bell Pottinger Tel: +44(0)20 7861 3232
www.playtech.com
David Rydell / Peter Otero / Helen Tarbet
Bell Pottinger Corporate & Financial Tel. +44(0)20 7861 3232
About Playtech
Playtech develops unified software platforms for the online gambling industry,
primarily targeting existing online operators wanting to upgrade their system;
sportsbooks looking to diversify and land-based operators making their online
debut. Playtech gaming applications - online casino, poker, bingo, mobile
gaming, live gaming, land-based kiosk networks and fixed-odds games - are fully
intercompatible and can be freely incorporated as stand-alone applications,
accessed and funded by players through the same user account and managed by the
operator by means of a single powerful management interface. Founded in 1999,
Playtech has over 550 personnel distributed globally, around eighty percent of
whom are engaged in research and development of current and future gaming
technologies.
About bet365 Group Ltd
Hillside (Gibraltar) Limited, owned by bet365 Group Limited, is one of the
world's leading online gambling companies, providing its range of products to
over 1.5 million customers in 140 different countries. The Group is the UK's
32nd largest private company.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.