About Playtech
Playtech are well known for being one of the most exciting and diverse
iGaming companies in the industry, having developed a multitude of unique and bespoke
casino games and services to players and operators alike since the company was founded
in 1999.
Having made his fortune in the stock-market, Israeli businessman Teddy Sagi
wanted to capitalise on the rapid growth of the internet in the late 1990s, and as a
result, found himself in Estonia where he amassed a team of software developers and
iGaming professionals that would go on to form the company we know today as
Playtech.
The monumental growth of Playtech
The company slowly began releasing casino
games in 2001 and found themselves an instant hit with operators, who were suitably
impressed by what the fledgeling company had to offer.
Over the course of the decade
Playtech signed a deal that saw the very first European land-based casino go digital,
they launched their bingo, poker and mobile gaming divisions as well as their hugely
popular live casino.
After being admitted to the AIM, the secondary market of the
London Stock Exchange they were valued at almostR$1 billion and signed exclusive deals
with Paramount and Universal to create online slots based on films Gladiator and The
Untouchables, with the former proving to be a HUGE hit with players even today.
Trouble
in paradise
During their period of unfathomable growth, the company did come into
trouble with the US Government after The Unlawful Internet Gaming Enforcement Act was
passed. This led to Playtech, along with many iGaming companies, leaving the market and
focusing elsewhere.
Despite taking a battering on the stock exchange, this didn’t stop
the company from continuing to grow, instead, they moved their attention towards
acquisitions elsewhere to make up for any lost revenue left behind in the United
States.
Playtech builds a lasting legacy
In the last few years, Playtech has worked
tirelessly to bring players an incredible library of online casino games, with their
online slot catalogue growing increasingly more impressive as the years rolled by… For
several years Playtech dominated the market with a number of Superhero themed slots
that were branded by Marvel and DC.
When Marvel was purchased by Disney Playtech had
little choice but to give up the IP as the house of mouse looked to banish anything
that may tarnish the companies reputation, and unfortunately for Playtech, gambling
fell under that remit. Thankfully, the DC slots still remain as part of the DC Super
Heroes series of games.
In a bid to replace the hugely popular Marvel Slots the company
created a brand new set of games that have become synonymous with the online slots
world, becoming what is widely regarded as the greatest slot series of all time, Age of
the Gods.
With their incredibly lucrative Age of the Gods progressive jackpot
dominating casinos, a ton of enjoyable online slots and their fast-growing live casino
portfolio it seems that Playtech can only continue to go from strength to strength from
here on out.
