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LONDON, Feb. 13, 2023/ PRNewswire/ - International Game Technology PLC (" IGT") (NYSE: IGT) announced today that the Company expanded its sports betting footprint in Nevada through a multi-year PlaySports technology contract with long-time sports betting operator, Betfred.
Under the regards to the agreement, Betfred is leveraging IGT PlaySports technology to power retail and mobile sports wagering at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton. This arrangement underpins the very first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.
" IGT PlaySports' remarkable reputation and impact in the U.S. sports wagering market, paired with their capability to navigate complex regulative environments, give Betfred supreme self-confidence in our option to partner with IGT in Nevada," said Bryan Bennett, COO of Betfred USA Sports. "IGT PlaySports' skilled, in-market group and tested innovation will allow Betfred to scale our operation in parallel with market opportunities and to establish a competitive and interesting betting experience in the most amazing video gaming location on the planet."
" I participated in the current Gaming Control panel hearing to see Fred Done in individual. He is a legend in bookmaking and Betfred is one of the most legendary brands in the sports wagering industry. It's an honor to work with Fred's team in the U.S. as they present the Betfred item in Nevada," said Joe Asher, IGT President of Sports Betting. "IGT PlaySports looks forward to using our huge experience in Nevada and beyond to assist Betfred create an effective sportsbook that will interest regional sports fans and visitors alike."
Betfred will first present retail betting, then look to follow-up with a mobile launch in the future. IGT is powering sports betting at more than 80 gaming venues across the U.S. and Canada. To learn more visit igt.com/playsports or follow us on LinkedIn.
About IGT
IGT (NYSE: IGT) is an international leader in video gaming. We provide amusing and accountable gaming experiences for gamers throughout all channels and managed sections, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, significant investment in development, gamer insights, functional know-how, and leading-edge technology, our solutions deliver unequaled gaming experiences that engage players and drive development. We have a well-established local existence and relationships with federal governments and regulators in more than 100 nations worldwide, and produce worth by adhering to the greatest requirements of service, integrity, and obligation. IGT has around 10,500 workers. For more details, please check out www.igt.com.
About Betfred USA SPORTS
Betfred USA Sports is the completely owned U.S. subsidiary of Betfred Group, a Warrington, United Kingdom-based bookie that owns and runs over 1,400 wagering stores in the UK along with industry-leading online and mobile items in the UK and South Africa. Betfred Group, established by bros 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. USA Sports is certified in Iowa, Pennsylvania, Colorado, Louisiana, Arizona, Washington, Maryland, Virginia, Ohio and Nevada.
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