Under The Regards To The Agreement
LONDON, Feb. 13, 2023/ PRNewswire/ - International Game Technology PLC (" IGT") (NYSE: IGT) announced today that the Company broadened its sports wagering footprint in Nevada via a multi-year PlaySports innovation agreement with veteran sports wagering operator, Betfred.
Under the terms of the contract, Betfred is leveraging IGT PlaySports technology to power retail and mobile sports wagering at the Mohegan Sun Sportsbook inside Las Vegas, part of Curio Collection by Hilton. This agreement underpins the very first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.
" IGT PlaySports' remarkable credibility and influence in the U.S. sports betting market, coupled with their ability to browse intricate regulative environments, offer Betfred supreme confidence in our option to partner with IGT in Nevada," stated Bryan Bennett, COO of Betfred USA Sports. "IGT PlaySports' knowledgeable, in-market team and tested innovation will make it possible for Betfred to scale our operation in parallel with market opportunities and to develop a competitive and engaging betting experience in the most exciting gaming destination worldwide."
" I went to the recent Gaming Control Board hearing to see Fred Done in individual. He is a legend in bookmaking and Betfred is among the most legendary brand names in the sports betting industry. It's an honor to deal with Fred's group in the U.S. as they present the Betfred item in Nevada," stated Joe Asher, IGT President of Sports Betting. "IGT PlaySports anticipates using our large experience in Nevada and beyond to help Betfred produce a successful sportsbook that will interest local sports fans and visitors alike."
Betfred will initially present retail wagering, then look to follow-up with a mobile launch in the future. IGT is powering sports wagering at more than 80 video gaming venues across the U.S. and Canada. For additional information go to igt.com/playsports or follow us on LinkedIn.
About IGT
IGT (NYSE: IGT) is a global leader in gaming. We provide amusing and accountable video gaming experiences for players throughout all channels and controlled segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling material, substantial investment in innovation, player insights, operational knowledge, and leading-edge innovation, our services provide unrivaled gaming experiences that engage players and drive development. We have a reputable local existence and relationships with federal governments and regulators in more than 100 countries all over the world, and produce worth by sticking to the greatest requirements of service, stability, and obligation. IGT has approximately 10,500 workers. To learn more, please go to www.igt.com.
About Betfred USA SPORTS
Betfred USA Sports is the wholly owned U.S. subsidiary of Betfred Group, a Warrington, United Kingdom-based bookie that owns and runs over 1,400 betting shops in the UK as well as industry-leading online and mobile items in the UK and South Africa. Betfred Group, established by siblings Fred and Peter Done in 1967, developed Las Vegas-based Betfred USA Sports in 2019 to enter the robust and ever-expanding U.S. sports wagering market. Betfred USA Sports is accredited in Iowa, Pennsylvania, Colorado, Louisiana, Arizona, Washington, Maryland, Virginia, Ohio and Nevada.