Playtech Founder to Net £316 Million From Shares Sale

Posted by on02 Jul, 2022

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Baccarat

Playtech also offers live dealer Baccarat games. Baccarat is a pretty straightforward game where you want to pick which hand gets closer to nine without going over. If you go over you have to start all over again at zero, which is to say a total of ten is actually worth zero.

There are also different drawing rules depending on your hand, which basically boil down to the higher your total the less likely you are to draw a card. If you have six or seven you are going to stand, and if you have eight or nine this is a natural hand and neither side draws any more cards.

Otherwise, you will draw to three cards. Baccarat is very popular because it is a quick paced game without any real decisions aside from where you want to bet. Most of the action goes down on player or banker. Originally it used to be a bit of a skill game in that you would decide whether you wanted to draw a card or not, but now it is dealt face up and there are no decisions to make.

Because banker actually wins slightly more frequently than player, you will have to pay a small commission to the house if you bet on banker and win. Playtech also offers no commission baccarat, where if the banker wins with a three-card six you only get a half win. You can also bet on a tie, which is that both the player and banker hand end up with the same number. This pays out 8:1 but the house edge on this bet is quite high because ties do not happen frequently. Playtech offers a few varieties of Baccarat which is quite nice.

Aside from the main game, they have a few versions with different side bets. For example, you can bet on player pair or banker pair, which pays 11:1 (the actual odds are of course 12:1 against as there are thirteen different ranks), or either pair, which pays 5:1 if either the banker or the dealer makes a pair. You can also bet on perfect pair which pays 25:1.

Another side bet they have is Egalite Extra, where you are predicting that the player and banker tie with a specific total. The payouts for this bet are quite high because there is very little chance of it actually happening. The payouts are as follows:

  • Player and Banker tie at 0 pays 150:1
  • Player and Banker tie at 1 pays 215:1
  • Player and Banker tie at 2 pays 220:1
  • Player and Banker tie at 3 pays 200:1
  • Player and Banker tie at 4 pays 120:1
  • Player and Banker tie at 5 pays 110:
  • Player and Banker tie at 6 pays 45:1
  • Player and Banker tie at 7 pays 45:1
  • Player and Banker tie at 8 pays 80:1
  • Player and Banker tie at 9 pays 80:1

Here they are:

The first group of consumers – we always put you guys first – is you! You’re an online video slots player or casino user. You play Playtech games, and use the systems they design to navigate around casino sites.

The second group of consumers is the owners of casino sites. They buy the games in, hosting them and offering to them to you. They may also use Playtech’s systems to run their sites.

There is a slight conflict between these two user groups.

Group 1, which is you, wants to win loads of money from these games.

Group 2, which isn’t you, wants to get as much money from Group 1 as possible.

That’s not as simple as never allowing Group 1 to win, of course. No-one would ever play a game twice if they never paid out.

However, Group 2 does want Group 1 to spend as much time at their site and as much time on their games as possible because that is how they get their money.

This is a useful thing to keep in mind whatever you’re doing in the online gambling world – although you will probably enjoy your online casino experience, you are to some extent in conflict with the site owners.

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Frequently Asked Questions

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What are online casino slots?

Online casino slots are a type of game where you spin the reel and match up the icons to win prizes, usually in the form of real money or in some cases free spins or other forms of prizes. A lot of the time people who are actively looking to play on casinos also want to know that the casino of their choice also offers a wide variety of slot games.

This is designed to ensure the user doesn't get bored whilst they are playing on the website. Trying to offer the best to our players we provide a huge variety of games ourselves, adding the best slots that are being released on a weekly basis.

Slots games seem very simple at a first glance, but there are numerous complicated mechanics and systems that operate on the background to make them as fun and rewarding as they are.

We provide players a detailed review of each slot game we host on our website to offer our players a complete understanding of what there is at stake when they spin through the reels. Most games offer a wide range of bets, which start from as low as £0.01 up to around £5 per spin.

The purpose behind this is to make players from diverse economical backgrounds feel at home and be able to enjoy the fan graphics, music and symbols these games have.

On our blog we provide guides on how to approach these games in a successful fashion and know your chances of winning beforehand. Make sure that you check them out before you start playing. Also, free slots or demo slots are no longer available in the UK.

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Instant Play Games

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The instant play casinos provide up to around 400 games, depending on the casino, with around an extra 200 titles that used to be available through the download casino. The download is casino is no longer available so these extra games are mostly lost, although some may be reworked and made available for instant play.

For those slots that are still available the game play is supreme. All in all you can expect to get access to around 300 slots, around 100 table games and variants, 20+ live games and the rest of the library made up of special feature titles.

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*️⃣ Can I get a Playtech casino bonus?

Yes, you can find the best Playtech bonus offers only at some of the top online casino operators in the UK. They feature nice wagering requirements and big bonus sums. Often, they could include bonus money and free spins available on Playtech slots. There are also special welcome bonuses for live Playtech games as well.

What is Return To Player (RTP)?

Return to Player (RTP) is a term used by online slot providers & online casino operators to describe the percentage of the total money wagered on a specific type of slot or game that will be paid back to players over time, this will vary from game to game and month to month.

Choose Playtech Casino Bonuses

While choosing your next go-to place to spin the reels of Playtech slots, why not take this unique opportunity to grab some fantastic Playtech bonuses, as well? Just skim through our ample list of welcome bonuses, Free Spins, match deposit bonuses and even exclusive bonuses and use them in a variety of Playtech casinos.

Pro tip: make sure you read all about the wagering requirements and minimum deposit amounts for each of the offered bonuses. You know what they say: better safe than sorry!

Mobile Playtech Casino Performance

Mobile gaming is the next strong side of the Playtech online casinos. You can enjoy almost all the games available in the standard desktop version of a casino on your mobile device as well! The Playtech platform is optimised for mobile play, and it is compatible with iOS, Android, and other operating systems. Here is the best Playtech mobile casino for UK players.

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The live mobile tables by Playtech offer the best mobile gaming experience. This is a nice opportunity to enjoy your favourite games with live dealers everywhere on the go. You can enjoy a similar experience at many of the UK’s top casino apps; however, you make also sure to consider which bonus is valid for Playtech games on your smartphone.

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About Playtech

playtech 2Playtech was co-founded by Israeli and London businessman Teddy Sagi in Tartu, Estonia, in 1999. He brought in a group of entrepreneurs from the casino industry and software industry to establish a world leading international game software design and development company. To say he succeeded would be an understatement.

The company were in no rush to get to market preferring to focus on delivering quality from the outset. After two years of fact finding and market analysis they finally applied for their first casino licence in 2001 with City Club Casino. The company grew progressively over the next five years adding live casino, bingo, poker (iPoker network launched in 2004), land based games as well as other products to their portfolio.

Strong early investment and a business model to get things right rather than rush meant Playtech went from strength to strength and were loved by early adopters. Despite their main rival, Microgaming, having been around five years earlier than Playech it was Playtech that were first to float on the London AIM stock exchange in 2006 at a value of around £550 Million. In the same year the company also attained licences with the Remote Gambling Association (RGA) and the Alderney Gaming Control Commission (AGCC).

2006 was also a year that hit Playtech hard as the Unlawful Internet Gambling Enforcement Act in the USA effectively outlawed online gambling and casino. This saw over 40% wiped from the newly listed company overnight. In the online world however you can never afford to sit still and so Playech continued forged forward into other territories and by 2010 had penetrated into markets including Italy, Spain, Estonia and Serbia an Bulgaria.

Playtech already had some seriously big partners on board at this stage including Bet365 and Betfred and in 2007 when their iPoker network became the world's biggest other operators started to come knocking and 15 new brands began hosting Playech games and features.

In 2008 Playtech acquired their first major licencing deal with Paramount pictures allowing them to release themed content, such as the Gladiator game series. This started a new theme for the company of designing and hosting branded games and this has proved hugely successful. The following year the company also launched a deal with Marvel for a branded series of slot games and on the back of this Playech struck deals with two more giant operators, William Hill and Betfair.

playtech history

In the second decade of the 21st Century the business model changed again as the company set about acquiring new entities. In 2010 playtech acquired Virtue Fusion creating the worlds biggest bingo network and in the same year achieved the International Company of the Year at the AIM awards, a very prestigious award.

Playech also acquired games aggregator - GTS, games provider - Ash Gaming, Mobenga, PTTS and Intelligence Gaming and by 2012 had grown to sufficient size to move from the AIM exchange to the full London Stock Exchange FTSE250 index.

Playetech have continued to grow acquiring more developers, creators and marketing specialists such as PokerStrategy, Aristocrat Lotteries, YoYo Games, Eyecon, GameMaker: Studio, Quickspin, Best Gaming Technology and others. This has allowed Playtech to become the world's largest publicly traded software company.

Today Playtech employ over 5000 people in 17 countries and with head offices in the Isle of Man and other offices in Bulgaria, Cyprus, Estonia, Germany, Gibraltar, Israel, Latvia, the Philippines, Russia, Sweden, Ukraine and the UK.

It is safe to say Playtech are one of the biggest, most respected and loved casino games software providers in the world. Anyone who has played online casino with a few sites will have played a Playtech title along the way. With a back huge catalogue, amazing partners (both casinos and brands such as DC) and new games and features all of the time it's hard to see anyone kicking them off their perch any time soon.

Can I play on mobile and tablet?

Yes! This innovative company has made it their mission to make sure all of their products are compatible with mobile devices like a smartphone or tablet. You’ll be able to play in your favourite bingo rooms like Age of Gods or Deal or No Deal.

Tonnes of Payment Options

The best slot sites offer numerous payment options so that you can deposit and withdraw earnings without a hitch. Some common options available on the leading sites include MasterCard, Neteller, PayPal, etc.

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Playtech Games

The meat of Playtech’s offering for most players, which is our readers, are the games.

So let’s have a look at some of the biggest Playtech games titles. We use a UK market auditing site to rate these, and these are the titles doing best at the moment.

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More New Online Slots Questions? (FAQs)

Online slot games comprise a significant portion of all online casinos, and you must know enough before spinning the reels. Here are some general queries you must answer to:

Verified Payouts & Playtech RTP

RTP means the percentage of your wagers that you can get back by placing a bet. It is measured per spin and on average, and the Playtech online casinos feature games with a very high RTP percentage. It can often get up to 98%. Every Playtech game is tested for its RTP rate, so you can be sure that it will provide a safe and fair gaming result.

To run through this list briefly:

Hosting is an obvious specialist service for the gambling industry.

Payment services manage taking cash off players, and Playtech has built a system that offers 50 payment methods, including cards, e-wallets, money acquirers, EFTs (Electronic Funds Transfer), and more conventional offline banking services.

Network management takes in managing a complete site, including dealing with jackpot claims. Interestingly, Playtech says, “our customers are guaranteed profitability from day one”.

Marketing services help sell sites to players. Affiliate marketing, which we know a little bit about, is the top line of this service, with Playtech claiming more than 50,000 affiliates – sites that plug a product.

Customer support is what you think it is, but for the Playtech products rather than for the end-user.

Financial Services help companies make more money.

Playtech and Virtue Fusion

As you may know, Playtech bought Virtue Fusion back in 2010 and acquired it as its bingo platform. Virtue Fusion has become one of the most popular providers of bingo sites and is home to the biggest online bingo games. Thanks to Playtech’s ownership and their customer support, Virtue Fusion has succeeded to allow up to 15,000 players active on the bingo sites at the same time. All of the bingo sites that are featured on Virtue Fusion are high-quality and use the Playtech software. There, players have the opportunity to choose a game from a wide range of bingo sites and bingo games.

Playtech’s plan for Virtue Fusion is to rebrand the site under the banner of Playtech ONE. Playtech ONE means one platform for all content, one wallet, one place for all devices. With Playtech ONE, you’ll be able to play bingo, casino and slots games on one site, with the same wallet and login details.

Playtech Software

All products can be integrated into a single platform, and all games are compatible with one another. Operators wishing to incorporate Playtech games into their existing terminals are able to do so as a standalone application.

Customers are able to fully integrate and easily manage an entire product suite, by using the Playtech complete management solution. Playtech is able to offer value-added solutions and cutting-edge products to the leading bingo and casino companies.

Players can access games via mobile, broadcast, online, and gaming terminals, using a single wallet/single account. A system called IMS allows cross-platform capability – this information management system allows unification; operators can maximise cross-selling opportunities, player loyalty schemes, and player yield. What's more, there is a turnkey operational pack, which gives clients immediate access to cutting-edge service tools, all of which can enhance the performance and profitability of any casino system.

It's always a seal of approval when a casino company trades on a stock exchange, and Playtech has been traded on the London Stock Exchange Main Market for many years now. Indeed, it is the biggest online gaming software supplier on the London Stock Exchange.

Its success is built on a best-of-breed gaming portfolio, along with the forging of strong partnerships with clients. Well-known Playtech licensees include famous bookmakers, online operators, and bookmakers, such as Sky, Betfair, Paddy Power, William Hill, and Bet 365. Well-known partners in the entertainment industry include Marvel, NBC Universal, and HBO.

As of February 2010, Playtech became owners of Virtue Fusion, who were a division of Gaming Technology Solutions. Virtue Fusion is the popular bingo division of Playtech, and players can play multiple variants on a multi-currency and multi-lingual network. The network has a peak traffic of more than 15,000 players.

Playtech products stand out a mile, all 500 plus of them. With the recent acquisition of Ash Gaming, Playtech is now able to release around 50 games per year. The content library is overflowing with premium slot games, fixed pot games, plus table and card games.

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