LONDON, Feb. 13, 2023/ PRNewswire/ - International Game Technology PLC (" IGT") (NYSE: IGT) announced today that the Company broadened its sports wagering footprint in Nevada through a multi-year PlaySports innovation arrangement with long-time sports betting operator, Betfred.
Under the terms of the agreement, Betfred is leveraging IGT PlaySports innovation to power retail and mobile sports wagering at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton. This agreement underpins the first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.
" IGT PlaySports' amazing credibility and influence in the U.S. sports betting market, combined with their capability to navigate intricate regulatory 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' knowledgeable, in-market group and proven innovation will make it possible for Betfred to scale our operation in parallel with market opportunities and to establish a competitive and appealing betting experience in the most interesting gaming location worldwide."
" 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 famous brands in the sports betting industry. It's an honor to deal with Fred's group in the U.S. as they introduce the Betfred item in Nevada," said Joe Asher, IGT President of Sports Betting. "IGT PlaySports looks forward to using our large experience in Nevada and beyond to help Betfred develop a successful sportsbook that will attract regional 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 betting at more than 80 video gaming venues across the U.S. and Canada. For additional information see igt.com/playsports or follow us on LinkedIn.
About IGT
IGT (NYSE: IGT) is a global leader in gaming. We deliver entertaining and responsible 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 material, substantial financial investment in innovation, player insights, operational proficiency, and leading-edge innovation, our options provide 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 around the world, and develop worth by sticking to the greatest standards of service, stability, and obligation. IGT has roughly 10,500 staff members. To find out more, please visit www.igt.com.
About Betfred USA SPORTS
Betfred USA Sports is the entirely 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 in addition to industry-leading online and mobile products 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. Betfred USA Sports is certified in Iowa, Pennsylvania, Colorado, Louisiana, Arizona, Washington, Maryland, Virginia, Ohio and Nevada.