Playtech Expands into Chinese Market

By signing a contract with Foundation Group Limited, Playtech, online software giant, has made a decision to expand into the Chinese market. In accordance with the contract Playtech will provide Chinese market with Peer to Peer (P2P).

Foundation Ltd is a new listed company in Hong Kong, but with a high potential and whose subsidiaries have recently signed licensing agreements with the Communist Youth League (CYL). The latter one is responsible in China for the implementation of China’s “Green Internet Policy”. According to they provide licensed play for cash prizes P2P tournament games via Internet cafes located throughout in the country.

To say more, this contract is the second one that Playtech has signed to provide Chinese market with their product, but this contract is the first one of that scale.

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About Mark Newman

Mark Newman - was born in 1971 in Pictou, a town located on the beautiful Northumberland Shore of Nova Scotia, Canada. In 1998 he graduated from Acadia University (Nova Scotia, Wolfville) with the Master’s degree in social studies. Mark simply adores his wife and sons. Considers poker to be one of the most exquisite kinds of art and rarely misses his chance of practicing.