IGT Announces Sports Betting Technology Agreement with Boyd Gaming – Digitalmunition




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Published on August 19th, 2020 📆 | 3664 Views ⚑

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IGT Announces Sports Betting Technology Agreement with Boyd Gaming

LONDON, Aug. 19, 2020 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) today announced that it has signed a long-term sports betting technology agreement with leading U.S. casino operator Boyd Gaming Corporation.

Under the terms of the agreement, Boyd Gaming will utilize IGT’s PlaySports platform to support Boyd Gaming’s retail sportsbooks throughout Nevada, along with its Nevada-based mobile sports app and online sports betting portal. Additionally, Boyd Gaming will deploy IGT’s self-service PlaySports Kiosks throughout its Nevada-based gaming venues. IGT and Boyd Gaming will take a phased approach for rolling out the features and services associated with this technology agreement.

“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 Enrico Drago, IGT PlayDigital Senior Vice President. “IGT’s PlaySports platform enables Boyd Gaming to differentiate its sports betting product in meaningful ways that position them to attract new players and grow revenue in the segment.”

In addition to offering players a more robust and progressive sports betting program, the PlaySports platform will allow Boyd Gaming to offer improved backend system navigation, and seamlessly update app content in line with real-time data and betting trends. Players will also be able to enjoy a range of new bets, features and conveniences.

IGT and Boyd Gaming have maintained a sports betting relationship in the U.S. since 2018. In addition to Boyd Gaming’s Nevada-centric sports betting product, the PlaySports platform is powering sports betting at Boyd Gaming-owned properties in Pennsylvania, Iowa, Indiana and Mississippi.

To learn why winners choose IGT PlaySports, visit IGT.com.

About IGT
IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 12,000 employees. For more information, please visit www.igt.com.

Cautionary Statement Regarding Forward-Looking Statements
This presentation may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall”, “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the uncertainty of the duration, extent and effects of the COVID-19 pandemic and the response of governments, including government-mandated property closures and travel restrictions, and other third parties on the Company’s business, results of operations, cash flows, liquidity and development prospects and the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2019 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business All forward-looking statements contained in this presentation are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact:
Phil O’Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, +39 3485475493; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190
Michelle Schenk, Global Communications, +1 (702) 669-8177
David Strow, Boyd Gaming Corporate Communications, +1 (702) 792-7386

© 2020 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

SOURCE International Game Technology PLC

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