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Old 18th April 2008, 06:15 PM
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Default Betsson Licensee Agreement with Playtech (iPoker Network)

From Playtech press release

Licensee Agreement with Betsson

Playtech Ltd
("Playtech" or "the Company")

Licensee Agreement Signed with Betsson

Playtech (AIM: PTEC), the international designer, developer and licensor of
software to the online and land-based gaming industry, announces today that it
has signed a new licensing agreement to supply its market leading casino product
to Betsson (SS: BETS), one of the largest publicly traded online gambling
operators to the European market.

Under the terms of the licence agreement, Playtech will provide Betsson with its
download casino portfolio, consisting of over 110 games, and integrate its
industry leading back-end system, allowing Betsson to effectively manage and
maximise the potential of its portfolio. The bespoke product will be tailored to
meet the unique demands of Betsson and will cater for a range of local style
games, initially in 11 languages, for players based mainly across Europe. The
deal also includes the provision of Playtech's download casino to Betsson's
additional brands CherryCasino.com and CasinoEuro.com.

Mor Weizer, Chief Executive Officer of Playtech, commented today:

"We are delighted to have reached this agreement with Betsson, one of the
largest online gaming operators in Europe, and look forward to a productive
working relationship. The agreement is further evidence of Playtech's ability to
add high profile licensees to its client base whilst it also extends the Group's
customer reach and appeal in the valuable European gaming market."

Thomas Kalita, CEO of Betsson Malta Ltd said:

"We are delighted to be able to add yet another quality product to our broad
offering. Playtech's proven track record as a software supplier, supported by
its wide range of languages is of great essence to Betsson especially when
expanding into new territories."
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