Playtech is the latest victim of the craze for cryptocurrencies, blaming them for a “material” slump in revenues in its financial division last year.
The gambling technology supplier said that the division, which offers a contracts-for-difference trading service that allows investors to bet on underlying price changes in assets including cryptocurrencies, was “negatively impacted by the crypto hype” of last year, resulting in a $7.6 million loss to its top line.
Founded in 1999 by the Israeli billionaire Teddy Sagi, Playtech supplies online gaming software to many of the world’s biggest gambling companies.
It has expanded rapidly, largely through acquisition, but is struggling as tough rules to deal with problem gambling are introduced, including in the UK, where the government plans to place curbs on…
Established in 2001, Playtech has become one of the most renowned online gambling providers as their product line has expanded tremendously in recent years, making Playtech an industry leader.
The software offers a wide range of casino games, including a live dealer casino product that is considered as one of the best in the industry.
Playtech is the only software developer to feature a progressive baccarat jackpot, making this a very popular offering.
Playtech also makes Beach Life, a progressive jackpot slot game that has seen tremendous payouts topping over $5 million on some occasions.
In addition, the top Playtech casinos feature blackjack, poker games, roulette and a range of video slots, including the exciting Marvel themed slot games like Iron Man, The Fantastic Four, Elektra, The Incredible Hulk, X-Men, Blade, Daredevil, the Avengers and more.
This software can be downloaded or played instantly in your browser.
Most Playtech casinos come with mobile casino capability, that enable you to play Playtech games via a mobile device, including your Blackberry, Android smartphone, tablet, i Pad or i Phone. - Below is a list of all top-rated Playtech casinos at Casino Tops Online.
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