| | Online Casino Industry Heading for China
The Chinese online market is growing in an impressive rate, and all industries are eying the progress in the Far East. The online casino industry has also realized the potential of the Chinese market, and many firms are planning to expand into the Eastern market in the future. Playtech, one of the most popular online casino turnkey providers, has signed a deal that will make it the first company to offer online casino gambling to the Chinese market. The new agreement is a five year software licensing contract with China's leading gambling group, and Playtech is responsible to take the group's offerings to the net.
Playtech will bring Texas Hold'em poker to the Chinese market in a few months, and will be the first operator to offer online casino poker playing in China. The online casino turnkey provider will mainly offer poker playing, but gradually incorporate casino games that are more popular in China. The company is aiming at capturing the players with the games they like, and make them feel at home while playing at the online casino.
The online casino software provider is joining hands with SSI, which is a diversified investment holding company. This is to show that investors still believe that the online casino industry is a profitable investment. Playtech is one of the most stable companies in the business, and the new online casino deal marks a new stage for the online gambling industry. There are many people in china, and that means plenty of online players that are only waiting for the possibility to play online.
-24 Dec 2006
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