888 Holdings is about to flip the script on its live dealer online casino product and service provider. The Gibraltar-based online gambling company will use Playtech for live casino and random number generator (RNG) games in 888casino New Jersey .
Playtech-hosted 888casino live dealer games will follow in other states. This partnership “is part of both companies’ strategic expansion into the US market,” according to Playtech.
Indeed, 888’s brand name is primarily out front in New Jersey, where it has market access through Las Vegas-headquartered Caesars Entertainment . In other states, 888 powers online gambling through brands like the Delaware Lottery, SI Sportsbook in Colorado and Virginia, and WSOP in Michigan.
PTEC stock dropped nearly 6% between July 28 and yesterday. However, that’s still more than 9% above where it was after Playtech announced a bid to acquire it fell through on July 14. What Does This Live Dealer Online Casino Deal Mean for Evolution?
It’s unclear if the new Playtech deal means 888 will forsake Evolution entirely or simply add Playtech’s products to its site. Other Playtech partners at the moment do not also offer live dealer games from Evolution (or its subsidiary Ezugi). However, they didn’t have a pre-existing relationship with Evolution as 888 does.
Back in June 2018, Malta-based Evolution helped 888 debut live dealer offerings in New Jersey.
According to the 888casino site today, the New Jersey online casino operator now has “40 dedicated live tables.” Those branded tables are more expensive than Evolution’s standard services, with 888 logos on the tables. The logo is also on the studio walls behind the blackjack, baccarat, Dream Catcher, and roulette games.
Evolution is the primary live dealer products and services provider to US online casino operators.
An Evolution representative didn’t immediately return NJGamblingSite.com ‘s request for comment. Playtech Gains Market Share Playtech, an Isle of Man-headquartered business primarily known as an online gambling software supplier, has been trying to nibble away at Evolution’s market share. For now, the latter remains the dominant force in live dealer games, in the US and globally.Before the 888 deal Playtech announced on July 28, the company had […]
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