Re Agreement

RNS Number : 9261D

Playtech Limited

22 September 2008

 



Playtech Ltd

('Playtech' or 'the Company')

Playtech Announces Italian Poker Agreement with Sisal SpA

Playtech (AIM: PTEC), the international designer, developer and licensor of software to the online and land based gaming industry, is pleased to announce a poker agreement with Sisal SpA ('Sisal'), a leading Italian land-based and online gaming company. Sisal is the third Italian licensee on Playtech's Italian poker network after Snai and Gala-Coral's Eurobet Italia.

Under the terms of the license agreement, Playtech will provide Sisal with its entire portfolio of market leading poker games in tournament form. At present, the software is downloadable in a 'play for fun' mode, which provides players with the opportunity to improve their strategies and hone their skills for free. A 'play for real money'' mode is intended for launch later this year.  

Both parties are wholly committed to meeting all the Italian regulatory standards. The product has been designed to appeal to the tastes of Italian players and will meet all local market requirements, including suitable language and currency. The product has been fully integrated with Sisal's systems in order to ensure a seamless gaming experience for the player.

Mor Weizer, Chief Executive Officer of Playtech, commented: 

'We are very pleased to have reached this agreement with Sisal, who join Snai, and Gala-Coral's Eurobet Italia on Playtech's quickly expanding Italian poker network. The Group's market leading technology and its strategy of focusing on newly regulated markets, such as Italy, have enabled Playtech to sign these licensee agreements with these leading Italian operators. It is clear that the Italian ipoker network is gaining an even more prominent position in the Italian market with the Group becoming a significant player. Playtech plans to work with Sisal and other operators to provide an exciting gaming experience for Italian players and capture an even stronger market share.'

Francesco Tiso, Chief Financial Officer of Sisal, commented:

'Sisal has launched Sisal poker online and it was a great pleasure to come to an agreement with Playtech to implement this project. Playtech has a reputation as a high quality and efficient partner and we believe Sisal's online poker will contribute to that reputation, providing security and fun for the benefit our players.'

-Ends-

For Further Information: 

Mor Weizer, CEO, Playtech Ltd 

c/o Bell Pottinger Corporate & Financial             Tel:  + 44 (0)20 7861 3232        
www.playtech.com 

Nick Ellis

Collins Stewart                                                     Tel: [phone]

Mumtaz Naseem

Deutsche Bank                                                    Tel: [phone]

David Rydell / Chris Hamilton 

Bell Pottinger Corporate & Financial                    Tel: [phone]  

External Relationships and Press Office, Sisal:

Press Office

Tel. ++392 8868.616    

[e-mail]                 

About Playtech 

Playtech develops unified software platforms for the online and land based gambling industry, primarily targeting existing online operators wanting to upgrade their system; sportsbooks looking to diversify and land-based operators making their online debut. Playtech gaming applications - online casino, poker, bingo, mobile gaming, live gaming, land-based kiosk networks and fixed-odds games - are fully inter-compatible and can be freely incorporated as stand-alone applications, accessed and funded by players through the same user account and managed by the operator by means of a single powerful management interface. Founded in 1999, Playtech has over 750 personnel distributed globally, around seventy five percent of whom are engaged in research and development of current and future gaming technologies. 

Website: www.playtech.com 

About Sisal

Sisal was the first company to introduce in Italy pool games based on the Italian football championship in 1946. Today Sisal is a widespread Group and manages lottery and tote related games under authorisation from the Italian Government, such as SuperEnalotto, Tris, Totocalcio, Totogol, Big Match and Big Race. The company has a network of 20,000 retailers equipped with online terminals. Through its network Sisal provides over 150 non-gaming related products, such as mobile operators, scratch cards and money transfer and it also operates in the Bingo market. Sisal MatchPoint, a wholly owned Sisal subsidiary, operates in the betting market and offers horse race and sport betting through a network of 140 betting shops, over 600 sport betting retailers and about 3,100 horse race betting retailers. SisalSlot, a wholly owned Sisal subsidiary, sets up and runs the network to manage legal gambling remotely, using AWP machines. Sisal has also developed an internet channel, such as the website dedicated to the betting market - www.match-point.it - which offers not only interesting previews for fans (see real-time football results), but also offering betting on line. It is one of the most popular websites in the gaming market.

Website: www.sisal.it

 

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