Playtech announced last week in an earnings report that overall revenue is up in North America, along with its live dealer vertical. The company opened a brand-new live dealer facility in Pennsylvania last December, which should continue to help Playtech grow within the space.
Live dealer games are a huge part of the PA online casino market. Playtech, a technology company delivering products and services, is going toe-to-toe with Evolution Gaming, who has been the only live dealer supplier in the state since 2021.
Live dealer studio in Pennsylvania to help Playtech grow in iGaming market
Playtech is becoming a key supplier in the online casino industry, especially in Pennsylvania. The company reported that revenue in North America is up 82% from a year ago. The live dealer vertical increased 24% from last year’s revenue, too.
The growth has come on the heels of the company’s opening a state-of-the-art live dealer facility in Pennsylvania in December. The company hasn’t even felt the full effects of the new studio, yet. Company CEO Mor Weizer said in an earnings call last week:
“Playtech performed very strongly over the year… As well as delivering excellent financial results, the group made important strategic and operational progress, including our expansion across the US, opening a third Live Casino facility in Pennsylvania and taking the number of licenses granted to 11 with further applications pending.”
Playtech operates in a number of countries across the world. It is starting to put focus and effort into North America, which is beginning to pay off. In addition to Pennsylvania, the company has a live dealer studio in New Jersey.
How Playtech can expand in Keystone State online casino market
Playtech already has a solid footprint in North America, and even Pennsylvania. However, it has the chance to grow even more. The company is partnered with the following operators:
- BetRivers
- BetMGM
- betPARX
All of the above platforms have online operations in the Keystone State. Playtech most recently announced a partnership with Hard Rock Digital (HRD), which bought the assets of Sports Illustrated’s online brand, 888, last week. That opens the door for HRD to expand to states such as Pennsylvania and Michigan.
When Playtech teamed up with HRD in February, the company’s press release foreshadowed the latter’s future plans:
“HRD also plans to launch in more states in the future and intends to bring its online Sportsbook and iGaming offerings to select international markets in the coming years.”
It would make for a seamless transition should HRD expand to the Keystone State.
Playtech competing with PA live dealer supplier Evolution Gaming
Evolution Gaming had been powering live dealer games all by itself in Pennsylvania since 2021. Since Playtech launched late last year, there is now direct competition.
To stay ahead of the curve, Evolution launched Super Sic Bo and Crazy Coin Flip as new live dealer titles shortly after Playtech announced its new Pennsylvania live dealer facility.
Evolution had even debuted Red Door Roulette last November, which marked a third new game to the market. It opened a discussion about game shows potentially taking over the live dealer space.
Playtech entered the market with blackjack and roulette options to Pennsylvania online casino players. The company has a large library of games to offer, too, which include:
- Prestige Roulette Lite
- Speed Roulette
- Baccarat 7 Seat
- Baccarat Squeeze
- VIP Baccarat
- Mini Baccarat
- Ultimate Blackjack
- Casino Hold’em
Playtech has a strong foundation with plenty of room to grow, especially in Pennsylvania. It’ll be interesting to see the presence the company has in the Keystone State as the year progresses.
