Anyone, even the most clueless online casino gamer will attest to the fact that they have heard a thing or two about Playtech and what’s more, admit that it is one of the best software providers online. Nonetheless, the company did not achieve this feat lying down. On the contrary, they strived their way through the very competitive gambling scene, and it is no wonder they are giving iGaming giants like Microgaming and NetEnt a run for their money.
In a bid to comprehend the company’s success, we must analyze its past. When the company started, who were its founders, it’s breakthrough? If not, how else will we keep up with the software provider’s successes? Well, enough of the pleasantries and more of ‘Playtech’s History’.
Back to the Origin
Playtech Gaming saw the light of day on 31/12/1999 thanks to an esteemed businessman – Teddy Sagi with the help of a highly-skilled group of experts. Since then, the company has not pumped its brakes in the development of online gaming software, quite the opposite. Headquartered in the Isle of Man and with numerous software providers on board, Playtech offers diverse services to multiple gamers and casinos worldwide.
About Playtech’s acquisition of leading gaming companies – it began in 2010. Some of the software providers that have been lucky enough to be affiliated with this software provider include Ash Gaming, GTS, Virtue Fusion, Mobenga, Geneity, to mention but a few. As expected, each of these companies has something to offer. For instance, Ash Gaming is known for exceptional gaming titles, Virtue Fusion is the UK Bingo expert and Geneity the best sports betting provider.
It’s been over a decade since this company step foot into the gambling scene, and it would beat the essence of this category if we did not highlight some of its achievements.
Back in 2002, Playtech powered the first-ever land-based casino to transition into the online gaming scene.
In 2006, the software provider went public. In essence, its shares were floated on London’s AIM market, a feat they have maintained to date.
2012 saw Playtech switch to the London Stock Exchange a move that preceded their entry into the FTSE 250 Index.
Let’s face it, the road to success is coupled with numerous uncertainties, and Playtech can attest to this fact. How? Well, in 2006, the USA approved the Unlawful Internet Gaming Enforcement Act (UIGEA that resulted in the company’s withdrawal from the USA market. The company was badly hit that it faced a 40% stock decrease, which they recovered from of course.
Today, Playtech casinos the UK is one of the most popular, and this is because they have multiple benefits to offer their clientele. Besides, if a gambling site lacks incentives, gamers will stop playing even the most profitable gaming titles and begin searching for something more enticing. And based on Playtech’s success, they have the power to amuse gamers like no other. Here’s why:
Advantages of Playtech Casinos
- A myriad of player incentives:
- If there is one thing that attracts players to an online casino site, it is rewarding bonus opportunities. Without a doubt, online casinos Playtech has been keeping tabs on what’s hot and what’s not in the online gambling scene. This explains the wide range of bonuses and promotions available on all their Gaming websites. Key among these offers include deposit and no deposit bonuses, free spins, tasty loyalty programs, cashback rewards, thrilling slot tournaments, and the jaw-dropping jackpots! That said, it is almost impossible to exit a Playtech gambling arena (mobile or desktop-based) empty-handed, how exciting?
- Years of Experience:
- Playtech has been in the iGaming business for over a decade now. and this has earned it international recognition as a reliable business partner and software solutions developer. Featuring some of the best specialists in the gambling scene and widespread technical proficiency, delivering top-notch software products to clients worldwide is nothing short of reality.
- Multiple Gaming Titles:
- Based on their status’ one of the oldest software providers in the industry’ it comes as no surprise that the company features a wide gaming portfolio. That said, it is then critical to look at these games categorically in a bid to help you find a niche at one of their gambling sites.
- slot machine enthusiasts, good news! Playtech offers more than a hundred slot titles ranging from the classical 3-reeled variants to the video slot kind. Moreover, you can enjoy the latest super-hero themed slots thanks to their partnership with Warner Bros.
- Classical Games
- tone down all the slot action by partaking in the all-time classics – Roulette and Blackjack. Featuring multiple variants, classical gamers will always have something to entice them. Alas! These are not the only games you can play, Poker, baccarat, craps, and bingo feature prominently in these sites. Talk of multiple variants.
- if there is one way to become an instant millionaire, is partaking in progressive jackpot games. This is because the jackpot prize goes way over a million dollars. To start you off, place a wager at one of these games: Beach Life, Gladiator, Gold Rally, Mega Jacks and Megaball and you might be the next jackpot winner!
- Safe and Secure Platform.
- Acquiring a gambling license is one of the major steps to take in a bid to acquire a legal online business. However, attaining such licenses requires a pass in a tough licensing procedure set up by online gambling commissions. We are glad to inform you that Playtech boasts with over 100 licenses from Europe. Key among them is the UK Gambling Commission. AAMS in Italy, Serbian State Lottery among others. With such high regulation, you can be assured that all the information you provide at a Playtech gaming site is safe and secure.
The Company’s Cons
- Regulation at a gaming site is good but too much supervision gets a little annoying. Allow us to explain. Most if not all Playtech Casinos feature predatory terms meaning that there are certain withdrawal limits on wins acquired. Therefore, if you happen to land on a huge jackpot, it can take a very long time to acquire all your wins.
- Their slot gaming category is rather poor compared to their counterparts – most notably BetSoft.
Nonetheless, the company’s pros outweigh its cons by a landslide. It is therefore not a bad idea to try out a Playtech casino – that is if you have not yet actualized this.