If you are an avid casino player, you will not have failed to come across the name Playtech. If you are new to the industry, a quick search for this name will reveal millions of results online, an indication of how big the name is!
Playtech is just one of the many casino software developers online with the reputation of offering a wide array of iGaming products. As already mentioned, it’s a company known among poker and casino players for developing only the best of the best products online. This is not because they only work with some of the best of the best brands in the industry, but because they focus on bringing only the best quality in the industry.
In our article, we’ve focused on giving you some information on Playtech as a company. This includes a brief history since it was founded, the progress it has made over the years and some of the products it has developed since the first day it went online.
Table of Content
- 1 The Beginning of Playtech
- 2 The iPoker Network
- 3 Mobile Betting
- 4 2006 to 2008 Era
- 5 2009 to 2011 Era
- 6 2012 to Present
- 7 Playtech Games
- 8 Top Playtech Video Slots
The Beginning of Playtech
In the year 1999, a successful business entrepreneur by the name Teddy Sagi discovered a void in the gambling industry that needed to be filed and decided to come up with a software company, which would fill the gap in the online casino industry. At that time, only Microgaming was offering the same, and it wasn’t meeting the demand.
Right from the outset, Sagi envisioned a company that was going to change forever how people were playing games. He wanted to set up something that was going to not only provide the best of the best services at that time but also feature greatly in the future. As a result, he poached a few software engineers from casino software developing companies and set up Playtech.
From the beginning throughout 2000, Sagi and his new team were carrying out extensive research of the online casino industry after which they started laying the foundation of their software. In early 2001, they signed their first major deal with an online casino and one year later; they powered the first online casino launched by a land-based casino.
By 2003, Playtech was on course to becoming one of the largest software companies. They released the live casino software as well as launching Bingoland, the company’s online bingo network. This marked the turning point for the company as they went ahead to grow into one of the most successful companies of our time.
The iPoker Network
2003 was an important year for Playtech, but 2004 was a very important one. This was the year the company made its entry into the online poker industry by launching the Playtech iPoker network. Since then, it has become the world’s most popular multi-skin poker network. Most of the top UK casinos now run using this same network, offering multiple Playtech Games to their players.
It has since been undergoing renovations and improvements just to improve on the functionality and user-friendliness.
2005 left a very important mark in the history of Playtech Games. They released a mobile platform through which players could access all their products on the go. Even though the mobile platform was relatively new at that time, they managed to put in some decent work, which laid foundation to what they have to offer now.
2006 to 2008 Era
These were the years the company managed to spread their wings to different regions globally. For instance, in 2006, they officially acquired the Alderney Gaming Control Commission license as well as seeing their shares being listed on the AIM LSE.
In 2007, they acquired a total of 15 new licenses, which allowed their customers to offer their services in the region. Furthermore, they also managed to seal another deal of a poker network that they had acquired, Tribeca, which was included in their iPoker Network.
In 2008, they again took another important step by signing an all exclusive licensing deal with Paramount. Under this deal, Playtech was going to be the official ambassadors of the company, and they would produce all of the popular movies under Playtech Slots.
2009 to 2011 Era
At this point, Playtech had already established itself as one of the top software developers in the industry. It now started joining forces with some of the top players in the industry, including William Hill, where they launched their sports betting platform.
It’s also during this time that they signed another significant deal with Marvel Entertainment. This deal involved the company being the sole developers for Marvel themed slots. Furthermore, their operations across the European continent increased significantly thanks to the launch of their French Poker Network and as well as the Bingo Network in Italy.
In 2011 alone, they managed to raise more than €100 million capital by successfully placing their shares!
2012 to Present
Since then, Playtech has constantly been recording a steady growth, which includes making major acquisitions, entering into big partnerships and joint ventures and not forgetting to mention signing more licensing agreements. This continuous growth saw the company being listed on the main LSE.
As of now, the company has more than 3,500 employees with offices located in more than 9 different countries. These offices are considered as one-stop shops for casinos and online bookmakers as they seek to continue providing software for bingo games, casino games, sports betting, poker and more.
For more than 20 years the company has been in operation, it has managed to develop more than 300 casino games to its name. This means that bettors of all types will definitely find something to choose from their portfolio. However, just recently, the company has been facing some challenges of renewing some of the licenses with some of the companies that enabled them to deliver different themes.
For instance, after their deal with Marvel Studios expired, all of the games they had developed were eliminated from their portfolio, meaning players can no longer be able to play games such as the Fantastic Four or Iron Man.
The good news is, despite some of these setbacks, the company has also been able to sign new lucrative deals such as the one with DC Comics, where they’ll also be able to exclusively develop DC Comic themed games.
Trademark Features of Playtech Slots
There are plenty of features to talk about when you look at the games developed by this company. For instance, they have simple and clean graphics which makes them clear on most platforms. To complement this, the developers choose audio and soundtracks that match the theme of the game, making them interesting to play.
They also have different in-game features such as the bonus and free spins round. The bonuses vary from one game to the other but basically, what they are meant to do is ensure you are rewarded for more.
Their games also don’t have the high volatility, which is a good thing to players as one can easily play and win even with small bets. Volatility in Playtech Slots simply refers to the risk involved in a game. Games with high volatility have a higher risk, meaning the chances of winning are small. However, the returns are usually good.
Some of these games also feature progressive jackpots. This type of jackpots usually has an amount that keeps growing to astronomical sizes until one lucky winner gets to walk away with it. The wins are normally triggered using the Random Number Generator software, which ensures results are completely random and fair.
Multiple ways to win is yet another unique feature you’ll come across the Playtech Games. These games offer multiple pay lines, and as a result, they offer multiple opportunities for winning. Due to the multiple paylines active, they also cost a little bit more than those games with single paylines.
Lastly, you can play free Playtech slots across all of the Playtech powered websites online, or you can choose to play using real money. The free play option is usually meant to enable you to practice and familiarize yourself with the game concepts before staking real money to it.
Playtech Slots RTP
Just like other software developing companies, Playtech Slots have different return to player percentages. This is in a bid to accommodate players with different budgets within its game portfolio. It, therefore, goes without saying most of the Playtech Slots have a return to player percentage of more than 90%. This, if you are an avid slots player, you’ll know it’s a good thing because it means your chances of winning is high!
Other Games by Playtech
In addition to developing high quality and rewarding video slot games, Playtech also cares about developing the more conventional games like roulette, blackjack, baccarat, lottery, bingo and other skill-based games, making it have one of the largest diversified portfolios. All these games are readily available for play in the software-based mode and live mode.
The highlight of playing the live casino games powered by Playtech is, of course, the whole experience the games offer. The company has more than 100 different tables, with each having different bet limits which use different camera angles to generate visually unique betting experience. This can be seen in the HD immersive roulette games, where the ball is shot at a very close range and in slow motion until it comes to a standstill.
Having gone through a brief history of Playtech, we think it’s best if we also took time and looked at some of the best games for any player online. In addition to having superb graphics and animations, these games also have fair betting limits to accommodate every type of player.
Drawing a lot of features from the movie itself, Gladiator video slot is a game that every player would want to play. Everything from the bonus symbols to the graphics and characters is much similar to the movie itself.
The prizes attached to the game make it worth playing the game, with a top prize of 50,000 coins up for grabs during the base play. The real fun, however, starts once the bonus round is active. The wild symbol, Maximus’s mask, will trigger the Gladiator bonus game, where you can scoop mind-blowing prizes.
Zhao Cai Tong Zi Slot
It is no surprise that every game emerging under this company seems to be coming with plenty of production values, as it is with Zhao Cai Tong Zi Slot – an exciting video slot game that has broken the routine of theming matters and chosen to adopt the allure of the Far East.
With China at its main focus, Zhao Cai Tong Zi has managed to bring what exactly players from the east want. Every aspect of the game features a brightly coloured palette, with plenty of gold thrown in. It also features a flexible betting range of between 0.09 up to a maximum of 900 per spin. At the maximum bet, the top prize is set at a maximum of 100,000.
Football Fans Sports Video Slot
Indisputably football fans who frequently play video slot games will without any doubt enjoy this Playtech creation. This football themed game has unique features that you won’t find in the other games as it assumes a tournament like gameplay.
At the start of the game, you are required to choose a team from 6 countries, which will determine the symbols appearing on the screen. This means depending on the team you choose; different players will have different bonus rounds, multipliers and jackpot wins.
It’s right about time you took the long overdue holiday after all this time spent working by playing Playtech’s Beach Life. This progressive slot game is fun to play, vibrant and only brings with it the good things that any player would expect from a summer vacation at the beach. It is one of Playtech’s first progressive slot game with a multi-million jackpot plus other extras that make playing it as rewarding just as it is fun!
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