ONLINE WORLD NEWS Playtech signs deal to work with Dutch state-owned Holland Casino 1 month ago Iwo Bulski Post Views: 77 Playtech has signed a “major” deal that will see it play a role in the Netherlands’ soon-to-be-launched online gambling market. The software giant is to expand its work with Dutch state-owned Holland Casino, which has the legal monopoly on the country’s physical gambling space and is set to launch online with betting and gaming products in October. The FTSE 250 firm, founded by Israeli tech and property billionaire Teddy Sagi back in 1999, said it has “expanded long-term strategic software and services agreement with Holland Casino” and that the move is “a significant strategic step for Playtech and builds on its track record of developing newly regulated online markets”. As part of the deal, Playtech will build a Live Casino facility next to Holland Casino’s existing locations. It comes as Playtech, which floated in 2006 and employs more than 6,000 people, also pursues US expansion. Chief executive Mor Weizer, said: “This agreement demonstrates the execution of our strategy to continue to work with the leading brands in the most attractive regulated markets globally.” Holland Casino chief executive, Erwin van Lambaart, said the company has “high ambitions for the new online market” and that “Playtech has the track record and necessary scale to deliver industry leading software, marketing and responsible gambling tools“. “We look forward to the online market launching in the Netherlands in October 2021 and to a long and successful cooperation with Playtech as we work together to capture this exciting opportunity.” Analysts at Peel Hunt said the move was “good news from Playtech“. They said the deal continues a sequence “that diversify its revenue base and demonstrate the advantage of its relatively new, modular, approach to providing its services“. Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: Holland Casino, Playtech Continue Reading Previous Wazdan shortlisted for three categories at prestigious EGR B2B Awards 2021Next Primal Hunt from Betsoft More Stories ONLINE Pragmatic Play kickstarts supercharged €7,000,000 drops and wins promotion 3 days ago Iwo Bulski ONLINE WORLD NEWS Pragmatic Play launches Unibet’s dedicated Live Casino studio 4 days ago Iwo Bulski ONLINE WORLD NEWS TVBET expands in Mexico through the cooperation with Logrand Entertainment Group 4 days ago Iwo Bulski ONLINE WORLD NEWS Pronet Gaming boosts LatAm proposition with Vibra Gaming 4 days ago Iwo Bulski HOT NEWS NIGERIA ONLINE Microsoft Partnership – How it could Aid Nigeria iGaming Industry 5 days ago Adeleye Awakan ONLINE SOUTH AFRICA Why is online gambling so popular in South Africa? 5 days ago Samuel EGYPT ONLINE Can gambling and casino trademarks be protected in Egypt? 5 days ago Iwo Bulski BETTING WORLD NEWS Pronet Gaming unveils innovative sports betting widgets ahead of UEFA’s Euro 2020 5 days ago Iwo Bulski ONLINE WORLD NEWS iGaming NEXT announces its dazzling 2021 online edition – Online: Bright Future 6 days ago Iwo Bulski NIGERIA ONLINE Nigeria says in talks with Twitter after suspension 6 days ago Samuel HOT NEWS ONLINE SOUTH AFRICA Smartphone users will reach 26 million in South Africa by 2023 7 days ago Szarlot ONLINE WORLD NEWS Nomination for Wazdan for the retro award at the CasinoBeats Game Developer Awards 7 days ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.