PLAYTECH NOW OFFERS SPORTS BETTING

PlayTech, which is consider to be one of the biggest providers of online gambling services, managed to increase the scope of its market share, by adding sports betting software to its existing portfolio of internet gambling products after acquiring the sports betting software provider Player2Players.

Playtech Ltd. is a gaming software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, and fixed-odds arcade games online.

The gambling company bought the sports betting software provider Player2Players for undisclosed amount and is now holding the key to online casino, poker, bingo and sports betting software options for its licensees.

Player2Players develops software platforms for the online gambling industry, targeting existing online operators wanting to upgrade their system. Player2Players gaming applications online Casino, Poker, Betting-Exchange and sportsbook, are fully compatible and can be incorporated as stand-alone applications. Player2players is a wholly owned subsidiary of RIG Limited.

That the online gambling company is doing well could also be seen from the latest report, which shows 55% increase in profits from its gambling services, including am increase in dividend by almost 50%.

The best for PlayTech obviously comes from the recent deal it made with the popular U.K. sportsbook William Hill - PlayTech is now taking in 29% of the profits from the newly formed William Hill Online. According to the Israeli-owned company, the profit of PlayTech was up 40% from the Will Hill deal alone.

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