Playtech Share Discussion Threads

[epicsurf] 06/6/2020 17:55

London, 5 June 2020 – Playtech, the world’s leading gambling technology company, has partnered with Stoiximan/Betano, the leading Greek operator and one of the fastest growing in Europe, to launch an exclusive new scalable Live Blackjack variant, Cashback Blackjack Live.

 

Previously available as an RNG game, the new scalable Live Cashback Blackjack variant is an eight-deck game open to an unlimited number of players. In this game, players can choose to “cash out” during any action round instead of taking an action, placing a dynamically determined cashback amount depending on the round. Continuing the All bets Blackjack line, Six different side bet options are available to players and add to the excitement. This unique scalable Blackjack variant is the recent addition to the growing portfolio of scalable Blackjack games available from Playtech live and marks the fifth variant after Unlimited Blackjack, Quantum Blackjack, All bets Blackjack and the recent Majority Rules Speed Blackjack.

 

Stoiximan/Betano chose to work directly with Playtech to produce the industry-first live dealer version of Cashback Blackjack, adding a new collaborative dimension to an already successful relationship.

 

About the game

Players begin by placing their main bet, plus any additional side bets.

 

Six different side bets are on offer: 21+3, Buster Blackjack, Dealer Pair, Lucky Lucky, Player Pair and Top 3. Buster Blackjack (dealer’s hand) has the biggest win potential – a result of 8+ cards and player’s Blackjack pays out at 2000:1.

 

In the action rounds, players have five choices – Cashback, Hit, Stand, Double or Split. If a player chooses to Split during an action round, Cashback is offered for both hands. If a player chooses to Double, Cashback is not offered. The Cashback amount is calculated based on the cards on the table and may change for each action round. Cashback only applies to the main bet, with side bets resolved and paid out separately.

 

Edo Haitin, CEO, Playtech Live, comments: “The development of Cashback Blackjack Live has been a truly collaborative effort, and takes our partnership with Stoiximan/Betano to a new level. Stoiximan/Betano is already one of the leading operators in the Greek market, and we’re committed to working closely with them to not only build on this position, but also extend that success into further territories.

 

“Thanks to a fantastic initiative from our friends at Stoiximan/Betano group and a great effort from the development teams on both sides, we’ve been able to deliver a dynamic new experience for players in record time, which emphasizes our strategy of equipping our partners with scalable dedicated solutions while still providing players with a fun and personal game experience. The Cashback concept is of course well-established in Sports betting, so we’re very interested to see how players will respond to it in a Live Casino setting, where there’s interaction with a dealer and other players. We’re confident players will find Cashback Blackjack Live a highly engaging experience”.

 

Christos Mavridis, Live Casino Manager at Stoiximan/Betano adds: “Product innovation, wide game offer and an optimum customer experience have always been among our priorities at Stoiximan/Betano. We’ve already seen a fantastic response to Cashback Blackjack as an RNG game, so are very much looking forward to delivering a new experience for our players with the first Live version. Having worked closely with Playtech for some time now, we were well aware of their track record in producing innovative new content and game variants. As such we felt they were the ideal partner for the development of Cashback Blackjack Live, and we’re sure our players will be just as impressed with the finished product as we are”.

 

 

[epicsurf] 06/6/2020 17:53

London, June 4 2020 – Playtech, the world’s leading gambling technology company, announces the signing of an agreement to provide online gambling giant, Mansion, with its digital sportsbook product for their flagship brand, Casino.com.

 

The agreement further strengthens the long-term relationship between Playtech and Mansion, following the five-year partnership extension agreed in January. This will see Mansion add Playtech’s sportsbook product to its successful gaming portfolio, as well as Playtech’s innovative Virtual Sports offering, which features 3D animation for popular ball and racing sports.

 

The second phase of the launch will see the sportsbook product extended to the MansionCasino brand later in the year.

 

Shimon Akad, Chief Operating Officer at Playtech, said: “We are delighted to continue to support Mansion in their position as market leaders. This is a further step in the evolution of our strong long-term partnership, and we are excited to be part of their growth. Together, we can support them in delivering an even more personalised, responsible player experience, and look forward to seeing continued success across markets in the coming years.”

 

Karel Manasco, Chief Executive Officer at Mansion, said: “We are very excited to grow our long-standing partnership with Playtech, their proven expertise enables us to offer the ultimate experience for our players. The addition of their digital sportsbook will provide our customers with a seamless, multi-gaming platform; the very best in online gaming, all under one roof.

[the white house] 06/6/2020 17:25

FT article being tweeted around the States confirming CE 50k and Snai 140k buys into company. CE states..we see significant demand for the full breadth of our product offering..and...very excited about long term oppotunity

[john09] 06/6/2020 09:06

A Bet365 reference in this one

———;——̵2;-


lack of major sports didn’t dampen the pent-up demand for Colorado sports betting in its launch month.

Sports bettors wagered $25.5 million in Colorado in May after the industry officially launched May 1.

That handle was spread across six operators, including some of the biggest names in sports betting:

BetMGM
BetMonarch
BetRivers
DraftKings Sportsbook
FanDuel Sportsbook
Fox Bet
At maturity, the Colorado sports betting market could have 35 mobile sportsbook operators through the state’s 33 commercial casinos and two tribal casinos. That market could generate up to or perhaps more than $6 billion in annual handle at maturity, according to PlayColorado.com.

The official release from Colorado’s gaming regulators will be available after June 15, which is when audited totals are due from each operator. It’s unclear what that official release will look like, but it could include a breakdown by operator and by sport.

Hot Colorado sports betting start without major sports

Nearly $26 million in handle is nothing to sneeze at when considering what Coloradans could bet on in May.

For comparison, the Scoreboard platform run by SBTech for the Oregon Lottery that has more than 57,000 registered users since its October launch, recorded $7.3 million in handle last month.

The biggest events were The Match: Champions for Charity, four nights of UFC, a handful of NASCAR races, Bundesliga soccer and Korean baseball. And, of course, the coronavirus pandemic favorite: table tennis.

Colorado’s first real test in the US sports betting market should come in August when the NBA and NHL will likely resume their seasons.

Major brands helped with launch

It certainly didn’t hurt Colorado that the four sports betting brands available at launch were all major operators.

BetMGM, BetRivers, DraftKings Sportsbook and FanDuel Sportsbook are all well-known brands in the industry by now.

And even those completely new to sports betting know the DraftKings and FanDuel brands following their massive daily fantasy sports ad blitzes a few years back.

Colorado will be full of well-known brands, like PointsBet and William Hill, niche brands well-versed sports bettors love like Circa Sports and SuperBook USA, and brands still looking to make a major US splash like Bet365, Betfred and theScore Bet.

[trentendboy] 06/6/2020 01:07

Serves PTEC well to be independent for now and grow organically. They do tend to keep relationships once they have them and are growing tier ones fast.

Still would like to understand the Asia market better and who the main competition over there is that seems to be undercutting PTEC

[john09] 05/6/2020 17:21

£1bn market cap . Sitting duck to a US based peer ?

[km85] 05/6/2020 17:16

Bought at 1.85P. They bought one of the largest CFD broker, markets.com, about 500m EURO few years ago, They also own trading technology platforms, both of those assets and the cash on the balance sheet worth more than the market cap when I bought it. Not to mention, they are powerfully strong in B2B in gaming, casinos, and sport betting and of course their B2C in this segment as well. All of their segments generate huge cash flow and strong margins.

[john09] 05/6/2020 16:55

£18k paper profits here so far. Think I only bought on tuesday?

[john09] 05/6/2020 16:49

My pleasure...another good day here

[glawsiain] 05/6/2020 09:20

Cheers John09 for bring PTEC to the attention of the GAN bb. I'm in too

[malcolmmm] 05/6/2020 08:38

Bought first thing yesterday, up 10% so far, looking like just the start .They must have seen what happened to GAN listing on Nasdaq ,hopefully they will follow as mentioned here

[john09] 05/6/2020 08:31

Yep I think 5 is more likely without too much resistance

[trentendboy] 05/6/2020 08:26

Yep, closing the gap to 4Remember 4 was prior to the good news in Asia and trade techInteresting times

[john09] 05/6/2020 08:08

Nicely out of the traps

[the white house] 05/6/2020 06:33

Tie up announced that will see Playtech launch its digital Sportsbook with decent size Mansion Group flagship product Casino.com

[the white house] 04/6/2020 19:04

Medium/Long term this is a huge first step for Playtech. Bet365 are the tortoise in the US race but with a 35m Worldwide base they will progress relentlessly, while others with their head start as US companies or with links up with locals forge ahead early doors

[john09] 03/6/2020 18:50

Trent if thats the case the share price will go above pre covid levels, if it follows suit of other stocks

[john09] 03/6/2020 14:20

Yep up £5k already only pressed a button yesterday lol

[trentendboy] 03/6/2020 14:06

Good to start closing in on the 4 quid level - this is only getting back to pre-crisis levels and yet, PTEC in a much stronger position now.

[john09] 02/6/2020 15:04

I have today started a new thread to try and bring together investors interested in the emerging US online gaming story. Link below . Early days for the thread but got to start somewhere

[john09] 02/6/2020 14:53

Bought in with 50,000 earlier having ridden the GAN wave from AIM to Nasdaq. The yanks would go mental for this stock !

Also I have always been a close follower from Momentum Investor newsletter which has followed this for years.

I think you’ll find a new batch of investors will be coming in at this £3 level for a piece of the US action!