Re Agreement

RNS Number : 8853E

Playtech Limited

02 October 2008

 



Playtech Ltd

('Playtech' or 'the Company')

Playtech Announces Agreement Signed with MANSION (Gibraltar) Limited

Playtech (AIM: PTEC), the international designer, developer and licensor of software for the online and land-based gaming industry, announces today that it has extended its software licence with MANSION, the international online Casino, Poker and Internet Betting entertainment company, to include its full suite of market leading poker games.

MANSION, which is one of the world's leading online gambling operators, migrated its poker operations to Playtech's ipoker network, having previously migrated its casino products to Playtech's platforms last year.  

The ipoker network is ideally suited to the requirements of MANSION's global client base because Playtech provides products which can be adapted to local gaming styles, language and currency. As the world's largest poker network, ipoker continues to attract operators, who are able to maximise the cross-selling of additional products. With each additional licensee increasing the liquidity of the ipoker network, the platform becomes increasingly attractive to new players and licensees. 

Mor Weizer, Chief Executive Officer of Playtech, commented today:

'We are delighted to be able to extend our relationship with MANSION, a highly valued licensee, to include its poker operations.  This latest migration provides further evidence of the high calibre of our products and the strength of our relationships with our operators. We are looking forward to augmenting an already successful relationship in Casino with a long and productive poker partnership.'

-ends-

For Further Information:

Mor Weizer, CEO, Playtech Ltd

c/o Bell Pottinger                                              Tel: [phone]

www.playtech.com

Nick Ellis

Collins Stewart                                                 Tel: [phone]

Mumtaz Naseem

Deutsche Bank                                                 Tel: [phone]

David Rydell / Chris Hamilton

Bell Pottinger Corporate & Financial                 Tel: [phone]

About Playtech 

Playtech develops unified software platforms for the online and land based 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 inter-compatible 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 750 personnel distributed globally, around seventy five percent of whom are engaged in research and development of current and future gaming technologies. 

Website: www.playtech.com 

About Mansion.com

MANSION.COM is headquartered in Gibraltar and is one of the leading brands in online Casino and Poker. Providing customers worldwide with premium gaming entertainment and quality customer service, MANSION is also the proud sponsor of premier league team Tottenham Hotspur Football Club.

Website: www.MANSION.COM

 

END

 

 

AGRUUGCWUUPRGQG