Many investors were predicting it would only be a matter of time before online casino software developer, Playtech, would be making some strategic moves on the London Stock Exchange (LSE) - Much in the same way that other online gambling related companies like Party Gaming and Cryptologic have done relatively recently.

In what has turned into the largest listing on the Alternative Investment Market (AIM) of the LSE, Playtech will be selling $300 million in shares over the LSE.  The announcement comes as no surprise, considering the tremendous growth Playtech has seen in the last four years.  Since 2003, Playtech has increased its annual sales practically four fold.  With an increase in online casinos and the number of successful gaming companies online, the vast portion of Playtech's revenue is generated from their casino game licensees.

Playtech was founded in 1999, and was one of the pioneers in creating and developing the online gambling industry.  Since that time, they have signed some of the largest internet betting companies and online casinos in the world, including the well-known Golden Palace and Empire Online.  As of now, Playtech has a reported thirty-seven licensees, operating a total of eighty-nine online casinos, sixteen internet poker rooms, and fourteen online bingo halls.

With all of this business, it is no surprise that Playtech generated close to $48 million in sales last year, and is now following with the largest listing on AIM this year.  All of the shares are projected to be in circulation within a thirty-day time period.