Playtech's wholly-owned Videobet subsidiary has signed a joint-venture agreement with Unicum Gaming Group, Russia's largest producer of gaming equipment.
Under the terms of the agreement, 500 Bling multigame machines in a land-based configuration will be installed in several casinos across the Ukraine.
"This joint venture is a continuation of the successful roll-out of our Videobet product across targeted regions," commented Mor Weizer, chief executive of Playtech.
"It demonstrates that there is strong demand for Playtech’s land-based gaming products with its new switchable technology in addition to our popular online software, and we look forward to working with Unicum Gaming to provide exciting entertainment for the growing Ukrainian market."
Founded in 1999, Playtech has over 650 personnel distributed globally, around 75 per cent of whom are engaged in research and development of current and future gaming technologies.