Gaming software developer Playtech has signed a new licensing agreement to supply its online casino and poker products to Casino Gran Madrid.

Casino Gran Madrid is one of the largest land-based gaming operators in Europe. Playtech will provide Casino Gran Madrid with its casino platform and poker product, through the iPoker network, as the operator launches its online operations.

From Mor Weizer, chief executive of Playtech:

“We expect this to be a significantly value accretive relationship, exemplifying our strategy to increase the number of regulated markets in which we operate.”