Playtech Starts Up Real Money Play on Italian Poker
December 30, 2008 (InfoPowa News) — Following some months of Italian "play-for-fun" poker operations, the London-listed software provider Playtech plc has announced the successful launch of a "play for real money" poker network in the rapidly expanding Italian poker market.
Following license agreements, announced earlier in the second half of this year (see previous reports) with leading Italian operators Snai s.r.l., Gala Coral's Eurobet Italia SpA, Sisal SpA and Cogetech SpA, all operators are now offering "play for real money" products on Playtech's Italian poker network.
Having entered the regulated Italian poker market, Playtech and its licensees are committed to meeting all of the Italian regulatory standards to ensure end users are at all times enjoying a fully compliant poker solution, the company said in its statement.
A spokesman said that Playtech's Italian poker network has been designed to appeal to the taste of Italian players, who seek a strong P2P community and high player liquidity. The product utilizes Playtech's well proved back office system with the appropriate customization for the local market, and this has been fully integrated with the licensees' systems in order to ensure a seamless gaming experience for the player.
Mor Weizer, Chief Executive Officer of Playtech, commented: "We are delighted with the launch of the Italian poker network. Playtech is committed to expanding its global reach in regulated markets across the world and working with the local regulator to bring a fully compliant product offering to market. The recent launch with leading Italian operators Snai s.r.l., Gala Coral's Eurobet Italia SpA, Sisal SpA and Cogetech SpA set our foothold in the Italian market which will lead to a prominent position in that market. The launch of the play for real network in Italy testifies to our extensive experience in penetrating new regulated markets with our best of breed software platform."