This news could well shaking things up in the Australian and Asia Pacific region.
Playtech is ultra impressive. With there positive momentum , great technology and top notch customer service I see them taking a chunk out of the Australian market at Centrebet and AIS’s expense. In Australia the igaming and online casino operators also need to be mindful of the ACMA ‘blacklist’. Betfair was rumoured to have made the list and there’s whispers of Centrebet making the list, but no one will confirm as the list is basically impossible to get hold of. Australia’s Freedom of Information laws are not even helping us hard working journalists and media agents.
Australia’s James Packer and Virgin’s Richard Branson were spotted chatting and talking shop in Melbourne a few days ago. My gut tells me something huge is in the wind for the Australian and Asia Pacific sector. We’re done some light business with Crown and also a number of arms of Virgin, so i will release what I can in the near future. I expect William Hill to also be in on the action. Fair winds from Bondi Beach maties.
Best Regards
Greg Tingle
Director
Media Man Australia
Casino News Media
Australian Casino News
@NathanCAP 201167 wrote:
New acquisition opens door for gaming software company to offer sports betting
March 30, 2009 (CAP Newswire) — Software developer Playtech has been riding high recently, with a variety of high-profile announcements that have kept the ten-year-old online and mobile software developer in the iGaming headlines. These announcements have ranged from a lucrative licensing agreement with Marvel Entertainment to a new website redesign, plus very strong financial results released last week, which described a huge profit increase.
But the latest and perhaps most exciting piece of news is the report that Playtech has purchased Cyprus-based sportsbetting software provider Player2Player (for an undisclosed sum of money). This will enable the Isle of Man-based Playtech to enter the sportsbetting market.
“The addition of sportsbetting brings important growth opportunities for the company in regulated jurisdictions, creating new cross-selling opportunities, enabling licensees to diversify their businesses and helping the company to attract new customers,” Mor Weizer, Chief Executive Officer for Playtech, told iGaming Business Magazine.
Also according to iGaming Business Magazine, Playtech will integrate Player2Player’s technology into its existing gaming platforms and make it available “soon”. Combined with Playtech’s existing software capabilities in the casino, bingo, and poker markets, the addition of sports betting means that the company will now offer all major forms of online gambling.