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Playtech Plc (LON: PTEC) is making a slow return to the regulated US market after losing 40% of value when US legislators dropped the hammer on internet gambling in 2006 with the Unlawful Internet Gambling Enforcement Act (UIGEA). Online gambling has never been specifically illegal in the United States but lawmakers made payment processing a problem and Playtech along with all other publically traded companies abandoned the market after the law went into effect.
On the heel of news that the software provider has launched live dealer studios in Zurich Switzerland in mid-December, we now learn that Michigan and New Jersey online casinos, operating within their own borders only, will be host to exclusive new Playtech live dealer studios.
Play Gun Lake casino online from Parx Interactive in Michigan will be the home of one of the new studios. The content will also be available online in the regulated New Jersey market through Bet365, according to a report on Market Watch. The obligatory regulatory approval hurdle has yet to be passed.
Once approved in both states, Playtech studios will begin to offer live blackjack, roulette, and baccarat from the studios. Each casino will receive feeds from Playtech’s Quantum Roulette. The game was originally launched in early September 2019.
Playtech Plc (LON: PTEC) is making a slow return to the regulated US market after losing 40% of value when US legislators dropped the hammer on internet gambling in 2006 with the Unlawful Internet Gambling Enforcement Act (UIGEA). Online gambling has never been specifically illegal in the United States but lawmakers made payment processing a problem and Playtech along with all other publically traded companies abandoned the market after the law went into effect.
On the heel of news that the software provider has launched live dealer studios in Zurich Switzerland in mid-December, we now learn that Michigan and New Jersey online casinos, operating within their own borders only, will be host to exclusive new Playtech live dealer studios.
Play Gun Lake casino online from Parx Interactive in Michigan will be the home of one of the new studios. The content will also be available online in the regulated New Jersey market through Bet365, according to a report on Market Watch. The obligatory regulatory approval hurdle has yet to be passed.
Once approved in both states, Playtech studios will begin to offer live blackjack, roulette, and baccarat from the studios. Each casino will receive feeds from Playtech’s Quantum Roulette. The game was originally launched in early September 2019.
