strikes online gambling deal with Chinese operator
PlayTech, one of the
leading online gambling software providers, has entered into
five year contract with Sino Strategic International - China's
leading gaming group. Shanghai Kelo, a subsidiary of Sino
Strategic International, operates the largest corporate retail
gaming network in China, providing legal gambling products, such
as lotto, keno and video lottery terminals.
PlayTech will become the first
major provider for Texas Hold'em Poker software in China. This
is a major deal for the increasingly Asia oriented gambling
software provider, as they exited the USA market after the UIGEA
was passed this year. This partnership will help PlayTech
develop even stronger presence and brand name recognition in the
Asian markets. The plans are for PlayTEch to supply it's games
to over 5,000 terminals with a future expansion.