Expansion of Partnership Between Playtech and 888 Holdings as Multi-State Deal Confirmed

There are exciting times ahead for avid gamers and gambling enthusiasts alike, thanks to a recent announcement that gambling technology business Playtech and online operator 888 Holdings will be expanding their existing content partnership in a bid to support their mutual plans to grow their operations within the USA.

COO at Playtech Shimon Akad expressed his elation over this pivotal step since 888 have taken their live casino RNG games and has bolstered a much anticipated US expansion. Indeed, the healthy and rapid growth of online gambling is evident across various states. One can find a list of the best USA no deposit casino bonus codes easily, with all operators featured being not only fully operational but, most importantly, legal and licensed according to US gambling regulations.

📌 Understanding The Nature of Playtech and 888 Holdings’ Multi-State Partnership

The multi-state agreement entered into between the two parties is based on Playtech providing the 888casino brand with its live casinos and random number generator (RNG) games across several US states. The process of implementing this partnership is planned to start with its launch in New Jersey.

As it stands, the existing business relationship that exists between the entities means that 888casino Holdings already utilizes Playtech’s content across their operations in several regulated markets across the globe and broadening the scope of their partnership is centered on expanding 888 business into new territories.

📌 Big Aspirations For The Future of This Powerful Collaboration

With this recent development, it is certainly clear that both Playtech and 888 Holdings are aspiring for great things by disrupting the gaming landscape for the benefit of players across a range of territories. The US President of 888 Holdings, Howard Mitmann, reiterated this sentiment by expressing how he hoped that this multi-state deal would enhance the overall player experience by allowing them to offer their clients more dynamic and entraining products which is a central tenant of the company’s content and product leadership strategy.

Shimon Akad expressed similar enthusiasm for the exciting developments in the future of the partnership and the impact they hope to have on the landscape of online gambling in the USA. Akad pointed out that Live Casino features, which are Playtech’s latest offering for the US market, look to be a game changer in that it will allow online casino operators such as 888casino the opportunity to diversify their offerings which in turn would increase the demand for this sophisticated software product.

📌 The Bigger Picture

The announcement of this multi-state expansion deal between Playtech and 888 Holdings comes just a month after 888 completed its acquisition of William Hill’s non-US-assets from Caesers which amounts to an impressive GBP 1.95bn. So now 888 can count both William Hill and MR Green amongst in brand portfolio along with 888casino and SI Sportsbook. This demonstrates how 888 Holdings is focused on strengthening its foothold in the online gambling space.

Playtech, too, has been busy making strides within the industry. Having just completed on the sale of its financial trading entity, Finalto, which was acquired by Gopher Investments for an incredible USD 250bn. Moreover, the fact that TBB partners, an investment group based in Asia, recently announced that it would not be putting its hat into the ring when it comes to acquiring Playtech due to challenging underlying market conditions was also significant. TBB partners did however say that they would continue to stand in support of the Playtech board and the company’s executive management team, in addition to their strategy for Playtech and their prospects for the future of the business