Igt Sports Betting
'IGT and Boyd Gaming will create a dynamic omnichannel sports betting product that is sure to stand apart in Nevada, the most mature and high-volume sports betting destination in the U.S.,' said. Gambling tech firm International Game Technology (IGT) has worked out a deal to allow its B2B sports betting partners the right to use NBA intellectual property without signing a direct deal with. Things are happening quickly for both international gaming company IGT and Rhode Island when it comes to sports gambling. For the state, it seems to have found a roadmap to sports betting, both legally and logistically. To the first point, lawmakers are operating under the assumption that RI sports betting is already legal. Sports betting technology supplier International Game Technology (IGT) announced a multi-year agreement with Maverick Gaming. According to the terms of the deal, the three Maverick Gaming casinos in Colorado will have sports betting operations powered by IGT. For more than ten years, IGT has been providing sports betting solutions in Europe, Latin America, and Asia, including customers such as LNB (Belgium), OPAP (Greece), and Lottomatica (Italy). In addition, IGT.
LONDON, Jan. 26, 2021 /PRNewswire/ -- InternationalGame Technology PLC ('IGT') (NYSE: IGT) announced today that itsPlaySports platform is powering the recently launched FanDuelSportsbook mobile app in Michigan,the latest U.S. state to introduce regulated online sports bettingand iGaming. In addition, proven IGT PlayDigital PlayCasino gamessuch as Fortune Coin®, Cleopatra®, GameKing® and IGT Blackjack can now be enjoyed by onlineplayers throughout Michigan viaFanDuel Casino. These deployments complement the state-of-the-artFanDuel Sportsbook at MotorCity Casino in Detroit that opened in March 2020.
'IGT's PlaySports technology and experienced team have helpedFanDuel Group continue to grow in the U.S. and maintain itsposition as America's #1 Sportsbook,' said Niall Connell, Senior Vice President, GeneralManager FanDuel Sportsbook. 'With the launch of FanDuelSportsbook app in Michigan, sportsfans throughout the State have added choice and convenience forwhen and where they engage with their favorite sports teams andonline casino games.'
'Aiding FanDuel Group's expansion in Michigan via our proven PlaySports platformand entertaining PlayCasino games that span slots, video poker andtable games is an exciting start to 2021 and another keyachievement in the IGT-FanDuel relationship,'said Enrico Drago, IGTPlayDigital Senior Vice President.'Michigan is projected to be one of the most livelysports betting and iGaming markets in the U.S. and our retail andmobile PlaySports technology and world-renowned PlayCasino gameswill enable FanDuel Group to scale its offering for theopportunities of today and the future.'
This PlaySports platform deployment in Michigan marks the ninth state where IGT andFanDuel Group have teamed up to deliver best-in-class mobile sportsbetting, the sixth state where the companies have partnered indelivering an omnichannel sports betting solution, and the thirdstate where IGT PlayDigital casino games are featured on FanDuelGroup-operated online casinos.
For more information on IGT PlaySports visitIGT.com/PlaySports.
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About IGT
IGT (NYSE:IGT) is the global leader ingaming. We deliver entertaining and responsible gaming experiencesfor players across all channels and regulated segments, from GamingMachines and Lotteries to Sports Betting and Digital. Leveraging awealth of compelling content, substantial investment in innovation,player insights, operational expertise, and leading-edgetechnology, our solutions deliver unrivaled gaming experiences thatengage players and drive growth. We have a well-established localpresence and relationships with governments and regulators in morethan 100 countries around the world, and create value by adheringto the highest standards of service, integrity, and responsibility.IGT has approximately 11,000 employees. For more information,please visit www.igt.com.
Contact:
PhilO'Shaughnessy, Global Communications, toll free inU.S./Canada +1 (844) IGT-7452;outside U.S./Canada +1 (401)392-7452
Francesco Luti, +39 3485475493; forItalian media inquiries
James Hurley, Investor Relations, +1(401) 392-7190
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SOURCE International Game Technology PLC
Two heavy hitters have joined up to create a stronger pitch in competing for share in the emerging US sports betting market.
International Game Technology (IGT) and William Hill US announced Tuesday a “multi-year agreement” to offer lotteries within US states “a full-service solution for sports betting.”
Per the release, this partnership allows both companies to offer states the opportunity to utilize a “fully-managed solution” to meet current and future needs in sports betting while maximizing revenues and ensuring a reliable service for bettors.
About the William Hill-IGT deal
Both IGT and William Hill have pounced on the ever-expanding world of state-sanctioned sports wagering. Combined, the two companies have a presence in all five states with legal sports betting. That includes Delaware and West Virginia, both of which operate sports betting via the state lottery. Additionally, IGT earned the contract to operate the Rhode Island sports betting industry with William Hill as its partner.
As the press release states, this new deal will build upon those foundations. The bookmaking background of Will Hill and the gaming technology expertise of IGT create a firm backbone for states interested in exploring legal sports betting via their lotteries.
According to the release, terms of the partnership will allow both IGT and William Hill to “jointly consider” future sports betting opportunities in other states. Commercial terms of the deal were not disclosed.
As a result of the partnership, IGT’s PlayShot will become available to state lotteries. Described as an end-to-end sports betting platform for retail and mobile operations, PlayShot is already live in four states as a B2B solution for sports book operators.
What they’re saying
Renato Ascoli, IGT CEO, North America, praised William Hill’s “proven leadership and capability” in US sports betting. Those qualities, he said in the release, “will ensure that we are able to fully support our lottery customers as states start to regulate these products.”
“Through this unique partnership, our customers will be able to enter this new activity with total confidence and trust in the service being offered. IGT is uniquely positioned as a leader in both lottery and sports betting technologies to deliver innovative solutions that will expand the possibilities for players and for lotteries themselves in this exciting new market. By forming this partnership with William Hill, we are able to bring to our lottery customers in every state a world-class combination of technology and operational expertise.”
Joe Asher, CEO of William Hill US, said:
“We are delighted to be expanding our relationship with IGT to address the U.S. lottery market together. William Hill’s track record as an operator globally, and our clear leadership as a sports book operator in the U.S., in particular, mean that U.S. lotteries can be confident that in choosing IGT and us together, they will be benefiting from a reliable, trustworthy, and responsibly-managed solution – maximizing revenues to each state with a quality product and service.”
Igt Sports Betting Terminal
Will Hill pads portfolio, IGT expands reach
The relationship between William Hill and IGT took a major step late last month, when the two signed a five-year contract to run sports betting in Rhode Island after IGT was the lone bidder for the contract. IGT now operates as a partner with the Rhode Island Lottery, raking 32 percent of revenue for its services.
The tech company enters the corner of William Hill, which has taken the US legalized sports betting world by storm. Will Hill operates the book at Monmouth Park, which launched the first New Jersey sports betting operation.
This partnership for William Hill comes on the heels of the bookmakers teaming up with the NHL’s Vegas Golden Knights. It become the first wagering operation to partner with a team from any of the four major North American sports leagues.