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Playtech Sets Its Sights On The US With NJ Gaming License Application

The full “strategic optionality” was set out in a single slide but at the end of his explanation Weitzer significantly added “watch this space!” Caesars is partnered with Playtech in the UK When the Kindred Group announced its Q2 results on July 25, CEO Henrik Tjärnström produced a very similar slide to the one Mor Weitzer offered. Any doubts as to Kindred’s commitment were quickly dispelled when only three weeks later the company announced a 10-year partnership with the new Hard Rock Casino in New Jersey. Playtech’s US links are arguably stronger than Kindred’s. Not only did Playtech begin the process of building relationships with its first attempts to enter the state-regulated US markets in 2013, but in June 2017 they signed a deal to partner with Caesars Entertainment EMEA. The deal has Playtech and Caesars working together at eight of Caesars UK properties using Playtech’s proprietary Neon Enterprise system. Neon is operated by Playtech’s IGS subsidiary and provides substantial backend support to casino operations.

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Both of Atlantic City’s live dealer studios powers several online casinos’ live dealer games: The Ezugi live dealer studio opened at Golden Nugget in August 2016 The Evolution live dealer studio at Hard Rock opened on Aug. 16, 2018 Golden Nugget was the first NJ online casino operator to take the plunge into live dealer games. At the time it was seen as a significant risk. GN, and its partner Ezugi would have to build and maintain a live dealer studio in a market of around nine million people wholly unfamiliar with live dealer games. Any concerns quickly evaporated, as live dealer games exceeded expectations from the start. Golden Nugget’s success eventually led to deals allowing other New Jersey online casino operators to share or lease space in the GN live dealer studio. The number of online casinos using the Ezugi studio stands at five: Unlike live dealer games, and despite their success in European markets, virtuals haven’t moved the needle in the  New Jersey market. However, virtuals could get a second chance in New Jersey now that sports betting is legal. Virtuals were first used as filler content for lulls in real-world sporting events in the UK. It took many years before virtuals grew into a product that can stand on its own. That said, virtuals are in place at multiple Las Vegas sportsbooks , side-by-side with real-world sporting events, but thus far they haven’t gained any traction as a standalone product or as filler content.

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