Online Casino Transfer: News - RAY and Playtech team up

06/06/2010		Online Casino Style: News RAY and Playtech Team Up
Home History Games News Dictionary		Playtech, already a formidable force within the online gambling industry, has made a deal to impress the competition has they signed this week a contract to supply licensing rights to the Finnish gambling monopoly, Rahaautomaattiyhdistys ('RAY'). The slot machine association for Finland controls all of the applicable online gambling services, a lucrative field of new players that Playtech will be catering to following their formal tender process with the government. Both live and online casinos games as well as land slot machines in Finland are all under the sole control of RAY. They’ve been around for a significant amount of time – since 1938, and by keeping up with the gambling trends, they’ve managed to hold on to the majority of Finnish players, few of whom trail off to explore offshore internet casinos as their legal sites offer the same platforms. With more than 19,000 slot machines in 8,400 locations around the country, RAY demonstrates how regulation can be effective, despite their continued monopolistic preferences. The success developed by RAY is palpable, as they made a total of €651 million revenues last year. Keeping up with the Joneses means that RAY must stay ahead of the game, a promise that resulted in a law change just this past February, giving it more power in the online gambling division. The result of the legislation is expected for the fall season of this year, with the launch of a new online casino. And benefiting from all their business will now be Playtech, which confirmed to the news presses this week that they had signed a four-year contract with the monopoly firm, to supply their new internet ventures with Playtech platforms. Players will enjoy the speed and innovative menus offered by their new EdGe gaming, in addition to mobile gaming version of most of the games. For poker fans, the expansion of a multi-player poker room with tournaments and cash prizes will inevitably be a sure hit.

06/06/2010

Online Casino Style: News
RAY and Playtech Team Up

Playtech, already a formidable force within the online gambling industry, has made a deal to impress the competition has they signed this week a contract to supply licensing rights to the Finnish gambling monopoly, Rahaautomaattiyhdistys ('RAY'). The slot machine association for Finland controls all of the applicable online gambling services, a lucrative field of new players that Playtech will be catering to following their formal tender process with the government.

Both live and online casinos games as well as land slot machines in Finland are all under the sole control of RAY. They’ve been around for a significant amount of time – since 1938, and by keeping up with the gambling trends, they’ve managed to hold on to the majority of Finnish players, few of whom trail off to explore offshore internet casinos as their legal sites offer the same platforms. With more than 19,000 slot machines in 8,400 locations around the country, RAY demonstrates how regulation can be effective, despite their continued monopolistic preferences.

The success developed by RAY is palpable, as they made a total of €651 million revenues last year. Keeping up with the Joneses means that RAY must stay ahead of the game, a promise that resulted in a law change just this past February, giving it more power in the online gambling division. The result of the legislation is expected for the fall season of this year, with the launch of a new online casino.

And benefiting from all their business will now be Playtech, which confirmed to the news presses this week that they had signed a four-year contract with the monopoly firm, to supply their new internet ventures with Playtech platforms. Players will enjoy the speed and innovative menus offered by their new EdGe gaming, in addition to mobile gaming version of most of the games. For poker fans, the expansion of a multi-player poker room with tournaments and cash prizes will inevitably be a sure hit.