industry software founded 1999 headquarters douglas isle of man key people alan jackson chairman mor weizer ceo products online gaming and casinos software and associated services revenue 630.1 million 2015 1 operating income 212.1 million 2015 1 net income 136.3 million 2015 1 website www.playtech.com playtech plc is a gambling software development company founded in 1999 . the company provides software for online casinos online poker rooms online bingo games online sports betting scratch games 2 mobile gaming live dealer games and fixed odds arcade games online . it is listed on the london stock exchange and is a constituent of the ftse 250 index . playtech states that it is the world s largest gambling software and services supplier . 3 contents 1 history 2 operations 3 ipoker 4 notes 5 external links history edit playtech was founded in 1999 by teddy sagi in tartu estonia with partners from the casino software engineering and multimedia industries . playtech launched its first casino product in 2001 and since then it has grown to become the world s leading and largest international designer developer and licensor of web and mobile application software to the digital gaming industry whose customers are most of the blue chip companies in this industry william hill ladbrokes bet365 in the uk snai and sisal in italy etc. as well as governments and regulated agencies. ; in march 2006 playtech was floated successfully on the aim market at a valuation of approximately us 950 million approximately 550 million . 4 after the passage of the unlawful internet gambling enforcement act of 2006 the company s stock suffered a one day fall of over 40 % . 5 on 22 october 2008 playtech announced that it would acquire private assets from teddy sagi in return for 250 million . 6 then in march 2011 playtech bought pt turnkey services from teddy sagi for 125m . 6 in july 2012 playtech moved its listing to the main market of the lse from aim . in the september rebalance playtech was included within the ftse 250 index . on july 2013 playtech acquired pokerstrategy.com one of the largest poker communities in the world with almost 7 million members from etruvian holdings ltd for 49.2 million . 7 in august 2014 playtech joined the gambling business group a trade organization formed to represent the interests of the uk gaming community to support and advise the gbg issues and industry . in september 2014 playtech announced the acquisition of aristocrat lotteries from aristocrat leisure limited in a eur 10.5 million deal . 8 in january 2015 many playtech powered casino sites announced they were leaving the german market . 9 in february 2015 it was announced that playtech acquired yoyo games the maker of gamemaker studio game development software for 10.65 million usd 16.4 million . 10 it was revealed in june 2015 that playtech would acquire the online foreign exchange trader plus500 for a fee of 699 million . 11 this planned deal was terminated in november 2015 . 12 in may 2016 playtech has acquired swedish online game developer quickspin . the first payment of 24m will represent 100 % of the shares of quickspin on a cash free debt free basis with the remaining 26m to be paid on an earn out basis depending on quickspin s ebitda over the course of 2017 and 2018 . 13 in july 2016 gambling software group playtech has acquired rival operator best gaming technology bgt for 138m as betting groups continue to react to the wave of consolidation that has swept through the industry . 14 operations edit playtech employs more than 5 000 people february 2016 in 13 countries and territories 15 isle of man where the headquarters are located the uk israel bulgaria estonia ukraine philippines sweden germany gibraltar latvia cyprus and russia . 16 ipoker edit main article ipoker ipoker is playtech s poker platform . it was implemented in the uk by casino game designer geoff hall inventor of blackjack switch and currently has more than 60 members of staff . 17 the network works using a skin based system . this simply means that each site on the network has its own skin of the underlying poker interface ; the lobby table layout and design are all exactly the same . however each site can apply its own colour scheme and branding . most importantly in order to maintain the liquidity needed to operate a successful poker network each of these skins shares the same player pool . as of april 2014 the network had 30 active skins . 18 notes edit a b c full year results 2015 . investis.com . retrieved 10 april 2016 . euro partners adds scratch games to its growing range of online gaming verticals online gambling news 1 january 2010 2013 annual report and accounts pdf . playtech . retrieved 14 may 2015 . playtech plans to raise 175m in ipo ft.com 17 february 2006 playtech s power play poker update 18 august 2011 a b playtech game plan questioned the telegraph 14 april 2011 pokerstrategy.com becomes a playtech company pokerstrategy.com 11 july 2013 playtech announces aristocrat lotteries acquisition . latestbingobonuses.com . 3 september 2014 . playtech powered casinos exiting german online gambling market . casino.org . 28 january 2015 . yoyo games sells to playtech for 16.4 million . aashika jain 1 june 2015 . playtech to buy online forex trader plus500 . reuters . retrieved 1 june 2015 . playtech says deals for plus500 ava trade terminated . reuters . 23 november 2015 . retrieved 2 december 2015 . playtech acquires quickspin . latestcasinobonuses.com . 26 may 2016 . playtech acquires rival best gaming technology . ft.com . 13 july 2016 . 1 playtech official site . accessed 19 8 2014 . thepogg 27 november 2012 . thepogg interviews geoff hall the creator of blackjack switch . ipokerskins a full list of ipoker network skins . external links edit official website v t e ftse 100 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc cairn energy caledonia investments capital & counties properties card factory carillion centamin cineworld city of london investment trust clarkson close brothers group cls holdings cmc markets cobham computacenter countryside properties countrywide cranswick crest nicholson cybg daejan holdings dairy crest debenhams dechra pharmaceuticals derwent london dfs dignity diploma domino s pizza drax group dunelm group edinburgh investment trust electra private equity electrocomponents elementis entertainment one essentra esure euromoney institutional investor evraz f & c commercial property trust fidelity china special situations fidelity european values fidessa group finsbury growth & income trust firstgroup fisher james & sons foreign & colonial investment trust g4s galliford try gcp infrastructure investments genesis emerging markets fund genus go ahead group grafton group grainger great portland estates greencoat uk wind greencore greene king greggs gvc holdings halfords group halma hansteen holdings harbourvest global private equity hastings group hays henderson group hicl infrastructure company hill & smith hiscox hochschild mining homeserve howdens joinery hunting ibstock icap ig group holdings imi inchcape indivior inmarsat intermediate capital group international personal finance international public partnerships investec ip group jardine lloyd thompson jd sports john laing group john laing infrastructure fund jpmorgan american investment trust jpmorgan emerging markets investment trust jpmorgan indian investment trust jrp group jupiter fund management just eat kaz minerals keller kennedy wilson europe real estate kier group ladbrokes laird lancashire holdings londonmetric property man group marshalls marston s mccarthy & stone meggitt mercantile investment trust metro bank millennium & copthorne hotels mitchells & butlers mitie moneysupermarket.com group monks investment trust morgan advanced materials murray international trust national express group nb global ncc nmc health ocado group onesavings bank p2p global investments pagegroup paragon group of companies paypoint paysafe pennon group perpetual income & growth investment trust personal assets trust petrofac pets at home phoenix group holdings playtech polar capital technology trust polypipe premier farnell pz cussons qinetiq rank group rathbone brothers redefine international redrow regus group renewables infrastructure group renishaw rentokil initial restaurant group rightmove rit capital partners riverstone energy rotork rpc group safestore saga savills scottish investment trust scottish mortgage investment trust segro senior serco shaftesbury shawbrook bank sig plc smith ds smurfit kappa group softcat sophos spectris spirax sarco engineering spire healthcare sports direct ssp group stagecoach group st. modwen properties supergroup svg capital synthomer talktalk group tate & lyle ted baker telecom plus temple bar investment trust templeton emerging markets investment trust thomas cook group tritax big box reit tr property investment trust tullett prebon tullow oil ubm udg healthcare uk commercial property trust ultra electronics holdings unite group vectura group vedanta resources vesuvius victrex virgin money weir group wetherspoon j d w h smith william hill witan investment trust wizz air woodford patient capital trust wood group workspace group worldwide healthcare trust zoopla retrieved from https en.wikipedia.org w index.php title playtech & oldid 729729708 categories poker companiesgambling companies of the united kingdomisraeli companies listed on 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