by Renee Israel
The global developer and licensor for top online gambling products, Playtech
announced this week that its products are advancing into the Spanish online
gambling market at a significant pace.
The group said that a number of its licensees would be launching casino and
poker products into the newly regulated Spanish market, with more due in the
coming weeks.
According to a press release by Playtech, its licensees under Spanish
regulation "include a combination of existing licensees as well as local gaming
and media companies aiming to leverage their market leading position and well
recognised brands that appeal to local players."
These groups including Bet365 which offers both casino and poker games to
Spanish online gaming licensees, as well as groups such as William Hill and
Poker 770.
These licensees are now welcoming players to their sites and have been at the
forefront of the newly regulated Spain online gambling market since it went live
on June 1 this year.
Spanish Market is Important to Playtech
The Chief Executive Officer of Playtech, Mor Weizer commented on Playtech in
the Spanish market: "We are excited to see our licensees launch in Spain," he
said. "The Spanish market is important to Playtech and a benchmark within the
European regulated environment."
"We are confident that our innovative and fully compliant casino and poker
products will set the standard for others to follow in Spain," he added
regarding the involvement of Playtech in the Spanish online gambling market.
Playtech's innovative casino products comply fully with Spain's strict new
regulations, ensuring that players are able to enjoy top blackjack and roulette
games, as well as other casino games.
The company's new online poker network, iPokerSpain.es was the first to
launch under Spain's new internet gaming regulations.
Playtech Advances to Premium Listing
Moving closer to home, Playtech last week opened the London markets in a
special ceremony at the London Stock Exchange, after it moved from AIM to the
Main Market.
Last month, Playtech announced that it would be making the move, after
showing a market capitalisation of over £1 billion.
"This is a very exciting day for Playtech and we are delighted to be part of
the Official List," said Weizer on the day. "We have experienced exceptional
growth since the company's foundation in 1999 and today marks a significant
milestone in its continued development."
Playtech said that it aimed to strengthen its position in the international
online gambling arena, and its successful presence in the Spanish gambling
market is testament to these objectives.
