DOUGLAS, Isle of Man, December 2, 2010 /PRNewswire-FirstCall/ -- Playtech, the international designer, developer and licensor of software for the online, mobile, TV and land-based gaming industry, has signed an agreement with Tain to provide its Casino product.
Tain offers a wide range of software and infrastructure services to small and medium sized gaming operators and for the past five years has provided its licensees access to Playtech's iPoker network.
The recent agreement significantly expands this arrangement through the provision of Playtech's world-class Casino product. This will encompass a comprehensive games library that includes slots, table and card games, video poker and a wide range of branded content. Tain's licenses will have access to a full range of management tools via Playtech's unified administration system, the IMS.
For Playtech, this broadens the product offering available through Tain's cost-effective platform for smaller operators who might otherwise not have the opportunity to access Playtech's technology platform or content.
Christer Fahlstedt, Tain's Chief Executive said: 'This deal further strengthens our cooperation with Playtech, which is approaching its fifth anniversary. The ability to offer Playtech's excellent content greatly strengthens our offering and is an important step in our commitment to supply small and medium sized operators with the very best products available.'
Playtech's Chief Executive, Mor Weizer said: 'We are delighted to be able to further expand our offering with Tain and look forward to welcoming their operators onto the casino platform, having had considerable experience with the iPoker product for a number of years. This is made possible through Playtech's cross-platform infrastructure which gives operators the ability to seamlessly integrate a number of different products from our portfolio. This is a central element to our success in building on our relationships with our existing partners.'
Playtech develops unified software platforms and content for the remote and land-based gaming industry. Leading gaming applications include casino, poker, bingo, sports betting, live gaming, casual and fixed odds games. Playtech provides licensees with the tools to maximise cross-selling opportunities, player loyalty and yield, all through the powerful management interface; the IMS. The system's fully integrated, cross-platform capability enables players to access online, broadcast, mobile and server-based gaming terminals, through a single account.
New licensees include existing online operators upgrading or diversifying their offering, land based casino groups, government sponsored companies such as lotteries, and new entrants making their online gaming debut, particularly in the newly regulated markets.
Founded in 1999, Playtech is headquartered in the Isle of Man and has over 1,000 employees located in development centres in five countries, the majority of whom are engaged in research and development of current and future gaming technologies.
Tain, founded in 2001, is a proven gaming infrastructure software provider. Products include Tain Commons Platform (TCP) - a back office platform with seamless integration to a number of world class gaming systems, and Tain Payment Gateway (TPG) - a top tier payment gateway supporting 25+ payment methods. Tain Operations, the operational arm of Tain, offers a full range of hosting and support services in multiple jurisdictions including Malta, Kahnawake and Curacao. Currently seventeen operators are live using the Tain TCP/TPG systems with associated products.
For further information contact: Playtech Ltd Ross Hawley, Director of Investor Relations c/o Pelham Bell Pottinger +44(0)20-7861-3232 Tain Christer Fahlstedt, Chief Executive Officer +46-8-462-16-00 Pelham Bell Pottinger David Rydell / Olly Scott / Guy Scarborough +44(0)20-7861-3232