Both parties are committed to meeting all the Spanish regulatory requirements

Playtech enters regulated Spanish market with Casino Gran Madrid agreement

2009-03-16
Reading time 56 seg

Under the terms of the license agreement, Playtech will provide CGM with its casino platform and poker product, through the iPoker network, as the operator launches its online operations.

Commenting on the agreement Mor Weizer, Chief Executive Officer of Playtech, said: “We are delighted to have secured this agreement with one of Europe’s largest and most respected land based operators. We expect this to be a significantly value accretive relationship, exemplifying our strategy to increase the number of regulated markets in which we operate.”

Both parties are committed to meeting all the Spanish regulatory requirements. CGM has also been working closely with Playtech’s development and customer support teams to devise a suite of products tailored to meet the unique demands of CGM’s players, offering a huge variety of games specifically designed to appeal to the gaming patterns of CGM’s customer base.

He continued: “As a leading industry player we are pleased to add further regulated markets to our sphere of operations. Playtech’s gaming platform is supported by a transparent and efficient management system which an increasing number of customers view as integral to their future business plans.”

Jorge Casanova, Director of Information Systems of Casino Gran Madrid concluded: “Our agreement with Playtech strengthens CGM’s leading position in the Spanish casino market. With our casino brand and games available online we are delighted to be leading gaming development in Spain through Playtech’s innovative, secure and transparent system.”

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Condiciones de uso and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR