Playtech Expanding
into Social Gaming Market
Playtech has reached an agreement with Skywind Holdings Limited
that will enable the company to expand into the social gaming market.
Playtech has been a leader in online gaming software for many years
and this latest agreement positions them to get more involved in
social gaming.
Playtech issued a statement that explains what they are looking
to do in the future. "Social gaming has experienced significant
growth over the last two years & is now a multi-billion dollar
market with revenues generated in a number of ways, including the
real money purchase by end users of social currency such as Facebook
credits.” the Playtech statement said.
Playtech believes that they will be able to offer a wide variety
of products for players on a social gaming network. Those games
will include poker, bingo, and a variety of casino games. "Mobile
& social gaming will lead the gaming industry's growth &
present significant opportunities for the Company.” Playtech’s
chief executive Mor Weizer said, “With access to a sizable
& proven development team Playtech will be able to maintain
its position as the leading online gaming software provider.”
The agreement with Skywind will give Playtech access to developers
who focus on social gaming products and mobile software while Skywind
will be able to use Playtech’s games and content on a royalty
fee basis.
Powered by Playtech
Back to News homepage |