Online Casinos continue to attract millions of people around the world and its not just for the fun of it. If you are in doubt of the powerful impact of this fast growing industry, check out what folks making use of Playtech are making out of life on a daily basis.
Playtech is adding more money spinning innovations to virtual gaming, by providing solutions. As the world’s largest online gaming software supplier, the company has consistently provided cutting-edge services to industry operators since 1999.
Playtech is a platform that provides a platform that is difficult to match in the gaming industry. It is structurally at the apex of gaming software. As markets continues to open up to a defenseless environment, the company’s revenues reside in regulated markets while shareholders can boast of quality dividend. In 2018, the company recorded an increase of above 80 percent of the proportion of regulated revenue in the financial year.
Gaming stock is relatively immuned to Brexit shocks, oil price flunctuations and trade wars when compared to other sectors. Betting platforms like Pornhub casino, 888, GAN, GVC, PLUS, PTEC are able to adjust to harness a millennial generation with flare for gaming to increase profit. When PTEC rolled out its systems for GVC for instance, it pushed up its share price and was well received. The Casino partnership with GVC launched in the UK, Italy, Spain, Georgia and Greece was to provide deeper tech arrangement. By implication, gamers enjoy Playtech’s content on brands such as bwin, Sportingbet, partypoker, Foxy Bingo, Crystalbet and Pornhub Casino. As the last one, took it a few steps further and even offers naked live dealers to go along with the regular Playtech platform games.
Over the years, it has received above average ratings from global rating agencies including Moody’s, which assigned a Ba2 corporate family rating, the Ba2-PD probability of default rating and the Ba2 rating of E530m. With a product suit, mobile and a single account server-based gaming, players have access to online, broadcast terminals. PTech has the potential to make huge gains as AI take center stage in a world of 5G, coupled with high risk reduction. Talking about 5G, Playtech is on the edge, which implies that the market is set to receive a major boom.
As a leading player in online gaming software company, it is listed on the London Stock Exchange has over 140 global licenses. Operators can make use of innovative tools that helps not only to retain customers, but also develop a unified software platform and content for the industry. Its popular gaming apps include online casino, poker, bingo, land-based terminal and fixed-odds games and live gaming.
Gambling softwares for sport betting through online retail and mobile operators across the world is Playtech’s absolute preeminence, which it hopes to launch further in other regulated markets. The African gaming industry, which currently accounts for $1.6b of the global gaming market ($140b revenue), cannot afford to be on the sidelines of a constantly booming market. Playtech can be the game-changer on the continent as more countries begin to make headway by licensing online casinos and the odds are high.