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Last updated on May 31, 2012 at 19:03 EDT

Playtech to Provide Tain With its Casino Product

December 2, 2010
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DOUGLAS, Isle of Man, December 2, 2010 /PRNewswire-FirstCall/ –
Playtech, the international designer, developer and licensor of software for
the online, mobile, TV and land-based gaming industry, has signed an
agreement with Tain to provide its Casino product.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090929/360954 )

Tain offers a wide range of software and infrastructure services to small
and medium sized gaming operators and for the past five years has provided
its licensees access to Playtech’s iPoker network.

The recent agreement significantly expands this arrangement through the
provision of Playtech’s world-class Casino product. This will encompass a
comprehensive games library that includes slots, table and card games, video
poker and a wide range of branded content. Tain’s licenses will have access
to a full range of management tools via Playtech’s unified administration
system, the IMS.

For Playtech, this broadens the product offering available through Tain’s
cost-effective platform for smaller operators who might otherwise not have
the opportunity to access Playtech’s technology platform or content.

Christer Fahlstedt, Tain’s Chief Executive said: ‘This deal further
strengthens our cooperation with Playtech, which is approaching its fifth
anniversary. The ability to offer Playtech’s excellent content greatly
strengthens our offering and is an important step in our commitment to supply
small and medium sized operators with the very best products available.’

Playtech’s Chief Executive, Mor Weizer said: ‘We are delighted to be able
to further expand our offering with Tain and look forward to welcoming their
operators onto the casino platform, having had considerable experience with
the iPoker product for a number of years. This is made possible through
Playtech’s cross-platform infrastructure which gives operators the ability to
seamlessly integrate a number of different products from our portfolio. This
is a central element to our success in building on our relationships with our
existing partners.’

About Playtech

Playtech develops unified software platforms and content for the remote
and land-based gaming industry. Leading gaming applications include casino,
poker, bingo, sports betting, live gaming, casual and fixed odds games.
Playtech provides licensees with the tools to maximise cross-selling
opportunities, player loyalty and yield, all through the powerful management
interface; the IMS. The system’s fully integrated, cross-platform capability
enables players to access online, broadcast, mobile and server-based gaming
terminals, through a single account.

New licensees include existing online operators upgrading or diversifying
their offering, land based casino groups, government sponsored companies such
as lotteries, and new entrants making their online gaming debut, particularly
in the newly regulated markets.

Founded in 1999, Playtech is headquartered in the Isle of Man and has
over 1,000 employees located in development centres in five countries, the
majority of whom are engaged in research and development of current and
future gaming technologies.

http://www.playtech.com

About Tain

Tain, founded in 2001, is a proven gaming infrastructure software
provider. Products include Tain Commons Platform (TCP) – a back office
platform with seamless integration to a number of world class gaming systems,
and Tain Payment Gateway (TPG) – a top tier payment gateway supporting 25+
payment methods. Tain Operations, the operational arm of Tain, offers a full
range of hosting and support services in multiple jurisdictions including
Malta, Kahnawake and Curacao. Currently seventeen operators are live using
the Tain TCP/TPG systems with associated products.

    For further information contact:

    Playtech Ltd
    Ross Hawley, Director of Investor Relations
    c/o Pelham Bell Pottinger
    +44(0)20-7861-3232

    Tain
    Christer Fahlstedt, Chief Executive Officer
    +46-8-462-16-00

    Pelham Bell Pottinger
    David Rydell / Olly Scott / Guy Scarborough
    +44(0)20-7861-3232

SOURCE Playtech


Source: newswire