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Playtech Sets Its Sights On The US With NJ Gaming License Application

The first half of 2018 has seen those gains continue although at two percent — three percent in constant currency— the revenue increase is hardly earth-shattering. Online poker revenues came in at €4.7 million ($5.43 million) which represents a tiny proportion of Playtech’s current revenues. Casino revenues dwarfed poker at €169.3 million ($195.5 million) with sports betting bringing in €46.7 million ($53.9 million) and even bingo saw almost triple the poker revenues at €12.7 million (14.7 million). It’s worth noting that all of this revenue is generated through B2B activities where Playtech’s technology platform known as Playtech ONE is used by other gaming brands. US sports betting offers “strategic optionality” Inevitably Playtech’s current interest in the US results from the opportunities in sports betting . However, online poker is part of the Playtech ONE product suite and can easily be deployed in US states such as Pennsylvania where regulations allow. Playtech’s sports betting product is operated by its subsidiary Playtech BGT Sports (PBS). PBS is active worldwide and significantly is now a major player in the Mexican market through its use by regulated market leader Caliente. During the earnings call, Weitzer explained the importance of this to Playtech’s US ambitions: “In terms of the opportunity in the US, the capabilities of PBS position Playtech with a compelling offering.

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MECA Coin and Online Gambling

How the Casino Works Other branches of cryptocurrency and blockchain technology have been exploding as well. In particular, gaming sites have increased their use of blockchain technology to improve the way people are able to interact with sites that offer gaming technology, but with greater efficiency and transparency. MECA Coin is one of the newest cryptocurrency sites that uses blockchain technology to make online gaming as streamlined as possible. Currently, many online casinos are not trustworthy, according to the customers that use their services. These online users see gaming sites as having an undue advantage over gamers because they feel the house is stacked against them. However, MECA and other gaming sites are seeking to make the process of gambling much more straightforward through the use of a distributed ledger.

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