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Playtech and LeoVegas Extend Partnership to New International Market

Posted on April 26, 2024 | 7:09 am
playtech_extends_leovegas_deal

Playtech, the global supplier of software, casino games and live casino content for online casinos, has announced that its partnership with LeoVegas, the famous international online casino brand, has extended to cover a new regulated market.

With this extended partnership, LeoVegas gains access to a vast selection of Playtech’s popular casino slots and live casino games and will be able to offer them to its customers in the Netherlands.

Following this deal, Dutch players can anticipate an enriched gaming experience, as they will now have access to a wider range of high-quality entertainment options. This expansion follows successful launches in various markets, including Canada (Ontario), the United Kingdom, Spain, Sweden, Denmark, and Italy, as well as globally on LeoVegas.com.

The collaboration between LeoVegas and Playtech exemplifies a commitment to innovation and customer satisfaction. By leveraging Playtech’s cutting-edge gaming solutions, LeoVegas aims to maintain its position as a leading provider of online gaming entertainment in the Netherlands. This strategic move not only expands LeoVegas’ market reach but also paves the way for future growth opportunities in the dynamic Dutch gaming landscape.

The expansion of the partnership between LeoVegas and Playtech heralds a new era of gaming excellence in the Netherlands. As Dutch players gain access to a diverse portfolio of casino games, the collaboration underscores a shared commitment to delivering unparalleled entertainment experiences. With innovation at the forefront, LeoVegas and Playtech are poised to redefine the gaming landscape and captivate audiences in the Dutch market.

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Great Financial Results

Playtech’s expansion efforts are backed by very good financial results during the 2023 fiscal year, which has brought encouraging numbers for the global supplier of live dealer games and software for online casinos.

Playtech’s fiscal year 2023 showcased robust financial performance, with a notable 6.6 percent year-on-year revenue surge, totaling 1.71 billion euros. The company’s business-to-consumer segment achieved a remarkable feat, surpassing its own revenue record with a 5.5 percent increase to 1.04 billion euros.

This remarkable revenue uptick translated into a pre-tax profit of 235.8 million euros, marking a substantial 146.7 percent surge compared to the previous fiscal year. Despite elevated expenses, Playtech maintained its financial vigor. Tax payments amounted to 130.7 million euros, resulting in a commendable net profit of 105.1 million euros.

Source:

“PLAYTECH EXPANDS LEOVEGAS PARTNERSHIP TO THE NETHERLANDS“, gamingintelligence.com, April 24, 2024.

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