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Playtech Chief Operating Officer Takes New Role At Subsidiary Company Videobet
- May 29, 2014 By Staff Writer -
Online gaming company Playtech have today announced that their Chief Operating Officer Shay Segev has been appointed Chief Executive of their subsidiary company Videobet in a move that the company hopes will provide a supportive link between the two.
Playtech and Videobet use their technology to provide some of the UK’s leading betting shops such as Ladbrokes and Coral with the very latest interactive gaming machines, machines that feature online casino games like Blackjack and Roulette and a host of popular video slots as well. The new technology will be used across the two company’s retail and online operations with sports betting and lottery products being linked across all platforms too.
Shay Segev first joined Playtech back in 2006 when he was appointed as the company’s Chief Operating Officer of Videobet and he is “delighted” with his new role saying, “I am delighted to lead Playtech’s retail arm through its next strategic phase of combining our retail and online offering. The forthcoming years promise to be of great strategic and operational importance, as we embark on many initiatives to create a full turnkey solution that will allow retail businesses to transition into the digital world.”
Segev finished off by saying, “Through our technology and the acquisition of intelligent gaming, we will enable our clients to enjoy a single ecosystem that will help them to maximise business performance across their entire offering.”
Playtech were first founded in 1999 and the company now provide some of the worlds leading online gaming software to a number of leading online casinos, as well as providing, poker, bingo, sports betting and lottery products too. Net income from 2013 reached record levels with a total of €488.8 million being recorded. In 2006 Playtech floated on the London Stock Exchange for the first time and was believed to be worth in the region of £550 million, and today they feature as one of the constituents of the FTSE 250 Index. Today the company employ in excess of 2,500 employees with their headquarters in Douglas on the island of Isle of Man, with offices located in nine different countries including a number in Europe and one in the Philippines.
Playtech offer solutions for all gaming needs whether it be at home on the PC or on the go with your mobile phone, and with live dealers available too their software packages really are some of the very best on the market today, and no doubt their subsidiary company Videobet will benefit greatly from the new technology.