As one of the leading developers and suppliers of gaming content for the online gambling industry, Playtech has created cutting-edge technology and innovative software solutions for more than 20 years. The company has an impressive collection of slots, table games, and progressive jackpot games that can be accessed on all desktops and mobile devices.
Its video poker selection is among the best on the market and it features single and multi-hand variations of the classic game, standard rules, and beautifully rendered graphics. Currently, it can be found in more than a hundred online casinos and accessed by players from all over the world.
Playtech History and Overview
Playtech started its journey in 1999 when it was founded by Israeli businessman Teddy Sagi and several entrepreneurs in Tartu, Estonia, but we should not let its humble beginnings deceive us. The company grew quickly, powering its first online casino in 2001 and launching its iPoker network just a few years after that. In March 2006, Playtech was floated on the AIM market and was later listed on the Main Market on the London Stock Exchange. Today, the company, which is a constituent of the FTSE 250 Index, reports revenue of €1,508.4 million (data for 2019) and is one of the most successful players in the online gambling industry.
2Strategic Partnerships and Acquisitions
Over the years, Playtech has created different software products and applications for some of the world’s largest gaming companies and operators and supplied digital content for government agencies across Europe. In 2006, it acquired the Alderney-based poker network solution provider Tribeca Tables Europe Ltd. and Videobet, a provider of VLTs, lottery systems, and server-based gaming products.
More notable acquisitions include Gaming Technology Solutions, Virtue Fusion, Ash Gaming, Intelligent Gaming Solutions, Aristocrat Lotteries, Psiclone Games, YoYo Games, Quickspin, and Eyecon.
The company signed strategic agreements with Italy’s leading land-based operator Snai and Casino Grand Madrid in Spain. In 2010, it launched an online gaming service in partnership with Finland’s state operator RAY, the Finnish Slot Machine Association. It also entered an agreement with Holland Casino in the Netherlands, as well as with Norsk Tipping, the national gaming operator of Norway. In 2017, Playtech announced a branded content games deal with Warner Bros. for developing an exclusive line of DC-branded games.
3Quality and Range of Games
Today, Playtech provides operators with an impressive range of games and high-quality software content. Within the casino category, it has developed more than 700 titles, including video slots, table games, video poker variations, progressive games, and exclusive live casino content. Apart from that, the studio has created cutting-edge technology and complete software solutions for multiple sportsbooks, lottery, and retail operators, and it has developed a bingo product, poker network, virtual sports products, and more.
Playtech Video Poker Software and Features
Playtech offers video poker fans a nice selection of titles, including classic versions of Jacks or Better, Deuces Wild, and All American Poker, as well as more exclusive and innovative options such as the wonderful 2 Ways Royal and the progressive jackpot game MegaJacks.
Most of the games follow the standard rules of video poker but they really stand out with their unique designs and beautiful graphics. The content can be accessed from Playtech’s downloadable casino but most operators tend to offer the games in an instant-play format. Some of the video poker variations are also available for mobile play and can be downloaded for free on any iOS or Android devices.
Standard Rules and Paytables in Playtech Video Poker
The video poker games offered by Playtech are played under the standard rules so even novices will find them relatively simple and easy to play. The initial five cards are dealt from a standard 52-card deck, with the exception of several games that include the Joker as the 53rd card. The objective is to obtain one of several possible winning poker hands and the better the hand, the better payout will be received. In the classic Jacks or Better, the lowest-paying combination is a pair of Jacks. It is called Jacks or Better and pays evenly (1:1).
In other games, however, the lowest hand that brings a payout can be a pair of Tens (Tens or Better) or Three of a Kind (Deuces Wild). Many of the variations include a wild card - a Deuce or a Joker, that substitutes for other cards and makes the forming of winning hands much easier. There are also several interesting games with bonus payouts for a specific group of hands, as well as games with progressive jackpots.