Playtech Adds Live Dealer Online Casino Client

888 Assets is set to flip the script on its provider of live dealer online casino products and services. The Gibraltar-based online gambling company will use playtech for live casino and random number generator (RNG) games in 888casino New Jersey.

Live dealer games hosted by Playtech at 888casino will follow in other states. The partnership “is part of both companies’ strategic expansion into the US market,” according to Playtech.

Indeed, the 888 brand name is primarily present in New Jersey, where it has market access through the Las Vegas headquarters. Entertainment Caesars. In other states, 888 powers online gambling through brands such as Delaware Lottery, SI Sportsbook in Colorado and Virginia, and WSOP in Michigan.

PTEC the stock almost dropped 6% between July 28 and yesterday. However, it is even more than 9% above it was after Playtech announced that a bid to acquire it fell through on July 14.

Play Evolution’s live dealer games at 888 Casino today! Playtech games are coming soon.

What does this live dealer online casino offer mean for evolution?

It’s unclear if the new Playtech deal means 888 will give up Evolution entirely or simply add Playtech’s products to its site. Playtech’s other partners currently also do not offer live dealer games from Evolution (or its subsidiary Ezugi). However, they did not have a pre-existing relationship with Evolution like 888 does.

In June 2018, Malta-based Evolution helped 888 first live dealer deals in New Jersey.

According to the 888casino site today, the New Jersey online casino operator now has “40 dedicated live tables”. These branded tables are more expensive than Evolution’s standard services, with 888 logos on the tables. The logo is also on the studio walls behind the games of blackjack, baccarat, Dream Catcher and roulette.

Evolution is the leading provider of live dealer products and services for US online casino operators.

A representative of Evolution did not return immediately NJGamblingSite.comrequest for comment.

Playtech gains market share

Playtech, an Isle of Man-based company primarily known as an online gaming software provider, tried to eat away at Evolution’s market share. For now, the latter remains the dominant force in live dealer games, in the United States and around the world.

Prior to the 888 deal announced by Playtech on July 28, the company had one partnership in place in New Jersey and one in Michigan:

  • bet365 in the Garden State
  • PlayGunLake in Wolverine State

Playtech CEO Shimon Akad said in his company’s announcement:

I’m thrilled that our trusted partners, 888, have chosen to bring our live casino and RNG games to multiple states, marking another exciting step in our US expansion. Live Casino is Playtech’s newest proposition to the US market and it gives operators the opportunity to diversify their offering, driving strong demand for our industry-leading software. We are proud to help 888casino deliver the best online entertainment experience to its American audience and look forward to continuing this successful partnership with a market-leading operator.

888 President of the United States Howard Mittman said:

We are excited to extend our partnership with Playtech and bring their unique live casino and RNG content to 888casino players in the United States. This deal will improve the overall player experience by delivering more entertaining and dynamic games, which is a key part of our content and product leadership strategy. We look forward to welcoming Playtech content and growing our partnership together.

Playtech changes its operator plans

888’s announcement came a day before Playtech decided to change its plans to offer itself its online gaming technology. Playtech was going to own half of an American online gaming brand.

Until July 29, Playtech had a game plan to launch a co-owned site, Caliplay. He was working with Tijuana-based Caliente Interactive on a Special Purpose Acquisition Company (SPAC) to launch Caliplay in the United States.

In April, the Illinois Gaming Commission (IGB) approved an online-only license for the launch of Caliplay.

Playtech said on July 29:

Playtech has been exploring a possible transaction regarding an agreement with Caliente that would see Caliplay enter the US market, with Caliplay being acquired by a US-listed Special Purpose Acquisition Company (“SPAC”). Capital market conditions have deteriorated significantly since the transaction was originally contemplated and as a result this transaction is no longer being pursued in the same manner.

However, the company continues to explore other opportunities with Caliplay management to create a standalone American gaming business under the Caliente brand focused on the Hispanic community in the United States. Both parties also continue to have discussions with SPAC and its associates regarding this alternate opportunity. Discussions are at an early stage and further updates will be made as needed.

That seems like enough of an update from Playtech for now though.