No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
GOOD PUBLICITY FOR PLAYTECH
Online gambling software and games developer Playtech received a publicity boost this week from MoneyObserver, which described the London-listed company as a global market leader that has recently graduated from the Alternative Investment Market to the FTSE Mid 250 index.
"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," the report notes.
MoneyObserver points to a growth over nine years culminating in a current market capitalisation of GBP 1.2 billion, with profit margins of some 70 percent.
"Its software supports some of the world's leading gaming sites, many of which operate from the shade of tax-efficient jurisdictions in minor countries," the report continues, noting that the company is incorporated in the British Virgin Islands, its head office is in Douglas on the Isle of Man and it has a board of mostly foreign nationals.
"We have a tax bill of just 1 percent," boasts chief executive Mor Weizer (33) who, the article observes, is not exactly thrilled to be located on a misty island in the Irish Sea!
MoneyObserves reports that Playtech's technical centre is in Tallinn, the Estonian capital, where it is the country's second largest information technology firm. Despite establishing an IT academy there, Playtech has been hampered by recruitment difficulties from Estonia's population of just 1.2 million, so the company has recently opened development outposts in India, the Philippines and Bulgaria, which, Weizer says, has a similar culture to Estonia and is cost-effective.
Playtech's list of customers – 59 and growing – include Paddy Power, Party Gaming, BetFred and Victor Chandler, with 33 of the company's licensees converting to the Playtech platform from other providers.
Weizer told the publication that he believes there is still ample organic growth left in the online gambling software market. "There are still many licencees that we can take – there are hundreds of online operators out there. The number of software companies, though, is limited. There are many smaller providers, but only a few top or second-tier providers – say, six to 10," he said.
Playtech's income derives from a percentage of its licensees' gaming revenue, on which Weizer declined to elaborate. "I can't say what that percentage is. Our net margins, however, are 67 percent," he said, adding: "We provide a platform for growth, and we offer opportunities for operators to grow faster than operators of other systems."
According to Weizer, the company is pleased with the growth and popularity of its poker offering, where he claims that the iPoker network has been growing player liquidity that translates to 25 000 online players at peak times, playing with stakes from 10 cents to $100.
"Poker is our fastest-growing game," said Weizer. "We are now seeing inquiries from operators who want access to that liquidity pool. With more than 25 operators already using our platform, this allows for great marketing ideas. We've just finished a 10-day event with $3.5 million in prize money."
Weizer revealed to MoneyObserver that each licensee signs a three-year contract, a deterrent to competitors aiming to poach business.
"There are big barriers to entry and no significant competitor has been founded since us," Weizer boasts. "We develop our software in association with our licensees. It is very hard for any competitor to get access to this knowledge. They would have to find a well-established operator and work with them for a few years to develop a knowledge of our systems – a major technical barrier."
Playtech's CEO discloses that the company has a pipeline of many new games, including mahjong. "We expect to have it in operation by the end of this year. The software has taken time to develop to eliminate the possibility of player collusion. The cost to licensees of adding additional games is marginal, and many of our licensees are still underdeveloped in terms of the number of games they offer."
The company is also developing person-to-person games, largely for the Asian market, including China, where people play cafe games for prizes and small sums of cash. It is also expanding its land-based video betting game, where a joint venture will introduce 500 machines in Ukraine alone.
On the downside, MoneyObserver notes that recent turmoil in the stock market has clearly had an impact on short-term expectations for the share price, which has eased from 553p to 492p over the past month or so, but as with gamblers, these broking analysts appreciate the transitory reality of the present.
JPMorgan predicts Playtech revenues will rise from last year's $104 million to $271 million by 2010.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.