As it was informed in a press announcement released this morning, the online gambling software provider and developer, Microgaming, has acquired the licenses and rights to the 3D poker software of Playwize plc. A company spokesman said the deal is part of Microgaming’s new plan to deliver inventive, first-class and interactive gaming experiences to all online gaming operators and their respective players.
 
Playwize Poker’s 3-D environment and software give player the possibility to interact with their rivals and modify their avatars to make them look and act like their creators, the software also includes a series of tools to help players to improve their game, including a comprehensive poker tutorial that teaches players everything from the basics to the advanced techniques and strategy.  Players can also access a practice game mode and enjoy a diversity of card games including Texas Hold’em, Omaha, Five Card Stud and Seven Card Stud.
 
“Microgaming is committed to delivering the latest innovation in gaming software to provide players with advanced gaming experiences. We are well known for our ability to stay ahead of the competition by providing our operators with the latest thinking, technology and game features. The Playwize acquisition brings advanced 3D functionality to our poker portfolio which will be enjoyed by thousands of players worldwide.” said Microgaming’s CEO, Roger Raatgever.
 
Playwize has been in business since 2000, when the company was first launched as a game developer for PC and video game consoles, the company later developed a technological capability to enter the online poker and gaming industry, launching a series of realistic 3-D environments and other unique features, including real-time voice chat, full statistics calculator, and an in-depth 3-D tutorial with TV and poker celebrity Helen Chamberlain.

Sadly, the company recently announced that losses for the half year went beyond the expected figures. Playwize representatives expressed that since the passing of the UIGEA in 2006, the company has been having serious financial problems. Over the past year, the company's stock price went from highs around GBP 2.80 to less than 2 pennies, and most recently, the company suspended trading in its shares on London's AIM market "pending clarification of its current financial position." This was later followed by the announcement that all trading was ceased and that keeping their employees was not necessary.

PokerStars.com