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Above Average Growth Predicted

Playtech is one of the fastest growing online casino software development companies in the international internet gambling industry. While there are two main names in the internet gambling industry – Microgaming and CryptoLogic, Playtech is a smaller company with a strong foundation, a solid marketing strategy in place, and the potential for huge growth alongside the booming online casino industry. A leading industry analysts predicts that Playtech is a great option for investors right now – the company is still building a name in the international arena but is rapidly gaining a reputation for quality software and a solid gambling platform.

J.P. Morgan released the prediction that Playtech will produce high returns for investors by the of this year, as well as the 2009 fiscal year. Online casinos across the board have shown enormous growth in the European markets and Playtech is similarly going to going churning out the profits. Playtech is fast becoming a viable alternative to one of the two major software development companies.

One of the major factors that plays into a growing online casino software development company is the company’s ability to secure exclusive licensees for themed gaming content. And in the past several months, Playtech has not only continued to deliver new innovative content to the market, but the company has also announced new partnerships and exclusive licensees that will add prestige and value to the company’s gambling platform.

In addition to J.P. Morgan, Numis Securities has also weighed in on the issue and similarly agrees that Playtech is ontrack to deliver above average revenue growth in the coming several years.