Software Developer Wants To Enter the Social Gaming Market

14 June 2012 – By Cristian Dragomir

150€ Bonus from 888 Casino!
The most recommended
888 online casino on Internet

http://www.888.com

Leading online gambling software developer Playtech recently announced a new deal with Skywind Holdings Limited. The software agreement announced by Playtech will provide access to the rapidly growing social gaming market. Besides that, these new deals will also strengthen its position in certain real money wagering sectors. Social gaming has become hugely popular in the last few years and now this sector of online gaming is a multi-billion dollar market that allows for revenue generation in a number of ways. After signing this deal, Skywind will provide Playtech with access to a broad range of social gaming platforms and products. Playtech plans to enter the social gaming market as leading B2B provider and through this agreement the software provider believes that it has the strengths to exploit this market.

The Skywind Holdings platforms and products have over 1.5 million monthly active users through well-known brands like Slotsfarm and Raminoz. Also, the products are available at Apple App Store and the specific product categories include social poker software, social casino and casino content software, social rummy software and social bingo software. The agreement includes also a real money gambling section which focuses on strengthening Playtech’s mobile gaming product range, which includes mobile poker software, mobile casino software, rummy software and poker software.

Playtech has to pay a license fee of 6 million euros per annum plus a royalty fee of 20% of revenue generated in social gaming but no royalties will be paid for revenues generated from real money software. In exchange, the leading software developer can use the software in its core B2B business models and any future B2C business models. Skywind Holdings can also use Playtech’s games content and gaming software on a royalty free basis, except for branded content developed by Playtech. In order to maximize the advantage created by this deal, Playtech intends to devote resources to launch a full B2B social gaming model. Playtech stated that the incorporation of such an offering into the company’s core B2B business model will provide the potential for building a significant new stream of additional earnings to the online gambling software provider.

Latest Casino News

Two years and going strong! The summit of igaming in Malta has gained a lot of traction since it kicked off in 2014, with big gaming operators joining  more...
Blackjack bonuses can be very advantageous to you, if you take the time to seek around and look for them.  more...
Getting some extra money to use for video poker will let you to try out some of new games and increase your winning possibilities.  more...
This is a great time for you to do some hunting around to see what bonuses the online casinos offer during the upcoming Christmas season.  more...
Christmas time is a great time of the year for getting some amazing bonuses and increase of your chances of winning.  more...
Microgaming has just released a new racing themed online casino game that will surely please all the players in need for speed  more...
Online gambling developer Microgaming is getting ready for Christmas time with a new themed game and great jackpots  more...
The online gambling giant 888 Casinos has just released several exciting new and special offers for their passionate online casino players  more...
Casino bonus whoring is applied to players who goes from site to site using up all the bonuses they are allowed then move onto the next casino.  more...
Online casinos have lower operating costs and they offer extremely lucrative and rewarding bonuses to entice you to become a member with them.  more...
            
Newsletter Subscribe
Register to our newsletter and receive casino news and bonuses!
Name:
E-mail:
Mansion Casino
Our Certificates
      
       
//http://blockadblock.com/blockadblock_basic_script.php