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Investors Boost Company's Confidence Factor

The investment sector has finally caught up with the online casinos and other companies that have elevated Playtech to the status of bona fide software development company. Playtech has received extensive praise from the internet gambling over the past year and more and the MoneyObserver publication has just boosted the investment sector’s confidence in the long-term success of Playtech. Up until this point Playtech was not considered a top tier online casino software development company – now though MoneyObserver raised Playtech to the status of the FTSE Mid 250 index – a significant jump that will attract more interest and investors.

Over the past year Playtech has focused on not only continuing to deliver top-notch online casino gambling software to the industry, but on also strengthening the company’s brand and the company’s strategic partnerships. In just a short time Playtech has managed to secure major brand licensing deals in terms of developing proprietary themed games. Additionally, the company has some of the top online casinos in the world licensing the company’s gambling platform.

Although Playtech has steadily built to this achievement over the past several years the company’s recent expansion strategies have proven extremely successful as the company continues to move forward within the online casino gambling industry. The MoneyObserver’s report noted why Playtech was moved into a new investment category, “The company's elevation means it will attract attention from the wider investment community, rather than just funds dedicated to a sub-sector of the market. Playtech is a fast-growing, serious business with a big future. Its share price, which has almost doubled from the 2006 flotation price of 257p, reflects this.”

Playtech has many projects on the docket – everything from new online casino games to new gambling markets. All of these prospects bode well for the company’s ability to continue showing large profits on a monthly basis.