The online gambling software developer has signed a five year license agreement with Sino Strategic International, a company listed on the Australian Stock Exchange which distributes and operates keno, lotto and video lottery terminal games in the Shanghai region. The deal makes Playtech the first major distributor and promoter of Texas Hold’em poker in mainland China.
Avigur Zmora, Chief Executive of Playtech, commented: “This is a major development for both Playtech and SSI, bringing the Play for Real P2P tournament gaming experience to China at appropriately licensed gaming outlets for the first time.”
“This license agreement will further establish Playtech\’s presence in Asia and is in line with the company\’s ongoing strategy. Playtech is increasingly Asian-facing and this transaction is another milestone in further diversifying the geographical reach of the business and its customer base,” he added.
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