Playtech acquires a minority share in Hard Rock Digital

Playtech acquires a minority share in Hard Rock Digital

Playtech, a leading online gaming software provider, has recently acquired a minority share in Hard Rock Digital, the online gaming division of Hard Rock International. This strategic move is expected to strengthen Playtech’s position in the US market and expand its portfolio of online gaming products.

Hard Rock Digital is a joint venture between Hard Rock International and Seminole Gaming, which operates the Hard Rock Hotel & Casino in Hollywood, Florida. The company offers a range of online gaming products, including sports betting, casino games, and social gaming.

The acquisition of a minority share in Hard Rock Digital will give Playtech access to the company’s extensive network of customers and partners in the US market. This is a significant development for Playtech, as the US market is one of the fastest-growing and most lucrative markets for online gaming.

In addition to expanding its reach in the US market, Playtech will also benefit from Hard Rock Digital’s expertise in social gaming. Social gaming has become increasingly popular in recent years, with millions of people playing games on social media platforms like Facebook. By acquiring a stake in Hard Rock Digital, Playtech will be able to tap into this growing market and offer its customers a wider range of online gaming products.

The acquisition of a minority share in Hard Rock Digital is part of Playtech’s broader strategy to expand its presence in the US market. The company has already established partnerships with several major US operators, including Bet365 and MGM Resorts International. By partnering with these companies, Playtech has been able to offer its products to a wider audience and establish itself as a leading provider of online gaming software in the US.

Overall, the acquisition of a minority share in Hard Rock Digital is a significant development for Playtech and the online gaming industry as a whole. It will help Playtech to expand its reach in the US market and offer its customers a wider range of online gaming products. As the online gaming industry continues to grow and evolve, we can expect to see more strategic partnerships and acquisitions like this in the future.