As the remote gambling industry is expanding into new regions and launches its first products in new regulated markets, a huge potential player base is building as well. However, with these new opportunities of increasing gambling revenues, comes the challenge of meeting the rules and regulations of a number of international gambling regulatory bodies.
To expand to online gaming regulated markets, operators need a good partner with an excellent track record and credentials that already has an experience in entering new markets. Playtech is one of the biggest publically traded companies in the world operating in these markets. The company has proved its dedication to meet all requirements set by the regulatory bodies of the jurisdictions in which its online gambling licensees are active. Read on to learn more about Playtech’s presence in certain regulated markets and where it holds licenses.
Entering Italy
The company established it presence in the Italian online gaming market with the iPoker.it network. This says a lot about the company’s experience in entering new markets. Italy’s poker network has the top four gaming operators on board from this region, namely SNAI S.p.A., Cogetech S.p.A., Sisal S.p.A. and Gala Coral’s Eurobet Italia, and it entirely complies with the strict protocols of the Italian regulator body Amministrazione Autonoma dei Monopoli di Stado (AAMS).
Online Poker in France
In 2010 Playtech entered the French regulated market with the launch of its iPoker network in this country. iPoker also launched poker rooms on its network for JOA and Groupe Tranchant. This happened right after the French parliament passed the bill legalizing and regulating online sports betting and virtual poker.
Going Online in Denmark
The software provider also brought its online casino software and games to the Danish market. In March 2014, Ladbrokes, a reputable and well known online gambling operator, re-launched its virtual casino through its partnership with Playtech. Ladbrokes replaced the existing game selection from Microgaming with Playtech content on its dot.dk sites that cater exclusively to Danish players.
Serbia Is Next
Playtech also made its way into the Serbian gambling market by providing its virtual poker and casino content to the State Lottery in Serbia. This was a landmark for the company and the first of this kind with a state lottery endorsing its product portfolio.
Playtech Signs Deal with Holland Casino
At the beginning of 2014 Playtech signed a deal with Holland Casino to be its online gaming software provider and offer casino, poker and bingo games via mobile and the web. The deal was signed in preparation of the upcoming opening of the Dutch online gambling market that is expected to become regulated in 2015. The company believes that with this move it will establish itself in newly regulated markets such as the Netherlands.
Online Casino in Estonia
Another testament of the company’s success in the regulated markets is the licensing agreement to offer casino and poker content to Casino Gran Madrid. The casino is the biggest and well known brick and mortar casino in Europe as well as an online casino in Estonia. The virtual casino client is operated by Olympic, a popular casino group in the east of Europe.
Entering the Spanish Online Slot Market
The most recent market the company entered is the Spanish online gambling market. At the beginning of June 2015, Playtech announced that it would be entering the Spanish online slots market which will allow the provider to offer slot games through its operators to real money slot fans in this country.
Spanish players can play both online and mobile slots such as the White King, Great Blue and the Gladiator. The company will also soon be able to offer TV games as well as bingo to Spanish players. Online gambling in Spain is regulated and operators must have a license from the government to take real money wagers.
Playtech in the UK
Playtech is licensed by the UK Gambling Commission and it can freely offer its online gaming content and services to the players from the United Kingdom. Recent change in gambling laws in the UK requires operators and software providers to have a license from this commission if they want to do business in the UK.
The company has the following remote licenses by this commission: a license to offer gambling software and gambling machine technical software, a casino license and a license for general betting standard- real event.