Playtech Becomes Listed Stock

June 24, 2012

We have only just published an article in which we discussed the hypothesis that online gambling was finally shedding its unsavory stigma, and that online casino operators have become respectable business entities. We pointed out the fact that Bally Technologies, the slots platform developer had been recommended for the first ever online gambling license in the USA as a firm indication of this. So we are really pleased to be able to back up our argument with this latest piece of news.

Playtech are one of the slots platform giants, they are the driving force behind many online casino sites, and famed for the sheer quantity of exceptional video slot games they have developed. So it really is no surprise to hear that they have finally floated on the London Stock Exchange. Playtech have said that it intends to list its ordinary shares on the London Stock Exchange. Although it should be noticed that the final decision for this to happen lies with the scheme getting approval from the UKLA and LSE.

Something we find extremely interesting about the possibility of Playtech floating its shares upon the London Stock Exchange is the fact that it opens up an avenue for major investment. As a leading slots platform developer, we wonder what kind of innovation in the field of online slot development could be possible were Playtech to attract some major investment funding. Playtech has already won plenty of awards for innovation in the field of online slot development, and we can’t help but think that the company could drive ahead in the technology stakes should it attract large investors.

So here we have yet another piece of news which indicates that online gambling and online casinos are finally beginning to be seems as legitimate, upstanding businesses, and that online gambling in general is fast becoming a major international market, which local governments are attempting to empower by making changes to antiquated gambling legislation. The future for video slot fans looks rosy indeed, as we begin to see the face of online gambling become respectable around the world.

Other Recent News Added to 777 Online Slots