Under the Regards to The Agreement
LONDON, Feb. 13, 2023/ PRNewswire/ - International Game Technology PLC (" IGT") (NYSE: IGT) revealed today that the Company expanded its sports betting footprint in Nevada through a multi-year PlaySports innovation arrangement with long-time sports betting operator, Betfred.
Under the terms of the contract, Betfred is leveraging IGT PlaySports technology to power retail and mobile sports betting at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton. This arrangement underpins the first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.
" IGT PlaySports' impressive credibility and influence in the U.S. sports betting market, paired with their capability to browse intricate regulatory environments, offer Betfred supreme self-confidence in our choice to partner with IGT in Nevada," said Bryan Bennett, COO of Betfred USA Sports. "IGT PlaySports' experienced, in-market group and proven technology will enable Betfred to scale our operation in parallel with market chances and to establish a competitive and interesting betting experience in the most interesting video gaming destination in the world."
" I participated in the current Gaming Control Board hearing to see Fred Done in person. He is a legend in bookmaking and Betfred is among the most legendary brands in the sports wagering market. It's an honor to deal with Fred's group in the U.S. as they introduce the Betfred product in Nevada," said Joe Asher, IGT President of Sports Betting. "IGT PlaySports eagerly anticipates applying our huge experience in Nevada and beyond to help Betfred create an effective sportsbook that will attract regional sports fans and visitors alike."
Betfred will first introduce retail wagering, then look to follow-up with a mobile launch in the future.
LONDON, Feb. 13, 2023/ PRNewswire/ - International Game Technology PLC (" IGT") (NYSE: IGT) revealed today that the Company expanded its sports betting footprint in Nevada through a multi-year PlaySports innovation arrangement with long-time sports betting operator, Betfred.
Under the terms of the contract, Betfred is leveraging IGT PlaySports technology to power retail and mobile sports betting at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton. This arrangement underpins the first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.
" IGT PlaySports' impressive credibility and influence in the U.S. sports betting market, paired with their capability to browse intricate regulatory environments, offer Betfred supreme self-confidence in our choice to partner with IGT in Nevada," said Bryan Bennett, COO of Betfred USA Sports. "IGT PlaySports' experienced, in-market group and proven technology will enable Betfred to scale our operation in parallel with market chances and to establish a competitive and interesting betting experience in the most interesting video gaming destination in the world."
" I participated in the current Gaming Control Board hearing to see Fred Done in person. He is a legend in bookmaking and Betfred is among the most legendary brands in the sports wagering market. It's an honor to deal with Fred's group in the U.S. as they introduce the Betfred product in Nevada," said Joe Asher, IGT President of Sports Betting. "IGT PlaySports eagerly anticipates applying our huge experience in Nevada and beyond to help Betfred create an effective sportsbook that will attract regional sports fans and visitors alike."
Betfred will first introduce retail wagering, then look to follow-up with a mobile launch in the future.