Playtech To Enter Sportsbetting Arena
Playtech, one of the leading online casino software developers on the market is adding sportsbetting to its list of services.
Increased Earnings
2008 was a great year for Playtech. The company released their full 2008 numbers last week and reported a huge €40.69m in profit, quite the step up from the €26.9m profit that they had in 2007.
Besides that, they’re expecting 2009 to be an even better year and this has a lot to do with the new joint venture that they have agreed upon with William Hill Casino.
A New Venture
Playtech has now followed this up by paying an undisclosed amount for sportsbetting software provider Player2Player and just like that, they have entered the sportsbetting world as well.
There’s no reason to think that Playtech’s sportsbetting venture won’t be a success. They are one of the top online casino software providers in the industry and their alliance with William Hill has them looking forward to even more good things in 2009. And don’t forget that William Hill is in the sportsbetting business as well, meaning that they’ll be a valuable guide for the online casino software giants.
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