PlaytTech Goes Public at London AIM
Playtech Limited, the software company responsible for many online casino and poker rooms on the Internet, firmly established themselves in the online poker world with their successful launch on the London financial markets on Monday.
Playtech opened up on the London AIM on March 27th with a public offering of their stock, which should provide an immediate boost to the stability of the company and add to their coffers as well. The public offering is expected to generate 34.3 million British pounds, which translates into around $60 million in U. S. currency.
Many other online casino, online poker and poker software companies have had tremendous success in the financial markets of Europe.
Cryptologic, another software provider, has been a solid stock on the London financial markets for some time. Playtech is showing that they are a firm player in the online world through their actions and should benefit as well from their floatation on the London Stock Market.
Playtech drives the software for many online casinos and poker rooms in existence today, including GoldenPalace and 888.com. They have also entered into an agreement to be the primary software provider for the Hard Rock Casino efforts.
They recently completed the migration to Playtech software at HardRockCasino.com and this gives Playtech the ability to become a major part of plans for the Hard Rock casino operations around the online and physical casino world.
