Playtech Plans Further Expansion

Thriving Playtech announces funding for new acquisitions and investments.

Leading online casino software provider Playtech has announced its intention to make up to £100m available for new investments and acquisitions.

Following the release of August's financial results, Playtech began seeking a large number of strategic investment opportunities. This in-depth research has resulted in the earmarking of the £100m for joint ventures and acquisitions.

The company is confident that they have pinpointed sound business opportunities, and that it is the ideal time to expand its existing ventures.

Insiders at Playtech point out that the establishment of its existing ventures has led to new business opportunities, which the company now has time to pursue. They have also stated that any new ventures will only enhance their latest offerings.

Presently, Playtech has a highly successful joint venture with Wiliam Hill, William Hill Online, and offers software technology to a range of other gambling operators.