Playtech Extends Contract With National Gaming Operator Ray
Playtech (LSE: PTEC), the international designer, developer, licensor
and provider of software and services for the online, mobile, TV and
land-based gaming industry, announces a two-year extension of the
Company’s contract with Ray, the Finnish National Gaming Operator. For
the past three years, following a public tender, Playtech has been
providing Ray with its leading Casino and Poker products according to
Finnish regulation.
During this time, Ray has had great success in the market with almost
€50m in profit reported for 2012 alone. Ray’s overall gaming revenues
have increased significantly by integrating online gaming into its
entertainment portfolio for Finnish consumers, without compromising
business development across Finland’s land based casinos.
Shay Segev, Playtech’s COO, commented, “We are very pleased that the
partnership between the two companies has remained strong and that
moving forward, we will continue to see the relationship grow. With the
recent launch of Playtech’s Mobile Casino, Ray will have yet another
platform to drive revenue and engage players in the Finnish market for
years to come. Ray is a strategic Playtech partner, demonstrating our
strong position in Regulated Markets.”