Playtech to Enter the Netherlands MarketPublished February 4, 2014
The Netherlands is to regulate its' online gambling market from 2015, and in anticipation on this, the Playtech software supplier have announced a partnership with Holland Casino.
Online casino games developer Playtech have revealed a new partnership with Holland Casino, in preparation for the opening up of the Dutch market. The company will supply games to Holland Casinos' new online offerings which will be developed during 2014, in anticipation of the new regulations coming into force in 2015.
Playtech have a policy of focusing on new markets, and The Netherlands is a prime example of a previously closed country that has started to embrace online gambling in a structured way. Once the market is opened, Holland Casino will launch Poker, Bingo and casino sites, both online and in mobile versions, all using Playtech software and games. This will allow players to join some of the biggest networks, such as the iPoker network, and Playtech-powered Bingo sites can also share networked games for bigger prizes and more players.
About Holland Casino
With the catchy official title of 'National Foundation for the Exploitation of Casino Games in the Netherlands', Holland Casino currently hold the legally binding monopoly on gambling in the country. All profits generated by the 14 casinos located in major towns and cities go directly to the Dutch government, and have done since the organisation was founded in 1975. However, since 2011, the long process of opening up the market will introduce competition for the first time, so Holland Casino have decided to team up with what many believe is the finest supplier of online games, to ensure that they remain a major player in this transformed gambling business.
Based on the Isle of Man, and listed on the London Stock Exchange, Playtech started trading in 1999. It provides casino, Poker, Bingo and sports betting software to many of the top online gambling operators including bet365 and William Hill, and currently employs over 2,600 people in several countries. With a 2012 turnover of some 317 million Euros, the new deal with Holland Casino will certainly add to the value of this highly-rated company.