International Game Technology PLC (NYSE:IGT)’s subsidiary IGT Global Solutions Corporation has entered into a pact with William Hill plc (OTCMKTS:WIMHF)’s subsidiary William Hill U.S. to offer US Lotteries. The multi-year accord allows both the firms to offer the fully managed solution for sports betting ensures innovative, attractive, reliable service for the players while maximizing the revenues for each state.
The new accord strengthens the already existing partnership between both the firms. IGT Global Solutions, which has bagged sports betting contract for the Rhode Island Lottery, will execute the project along with William Hill. As per the terms of the accord, both the firms will jointly bid for the sports betting opportunities from the US Lotteries in the future.
IGT Global Solutions will provide the PlayShot end-to-end sports betting platform for online, mobile, retail, and land based utilizing the trading, operational, strategic, and player management expertise of William Hill in US Sports books. The PlayShot sports betting platform is currently operating in four of the US states. It is a dedicated B2B solution for the Sports Book operators in the US. William Hill is engaged in operating the Sports Books under partnership brands or under its own brand in 5 states in which sports betting is already in operation. It also offers risk management services in all 5 states.
Chief Executive Officer of IGT Global Solutions in North America, Renato Ascoli said the company is pleased to enter into a pact with William Hill that has proven expertize and leadership in the US Sports Betting. With this alliance, the company will be able to support the lottery customers as the states in the US begin to regulate these products. IGT Global Solutions is a leader in sports betting and lottery to provide innovative solutions.
IGT Global Solutions Unveils Cross Platform WAP Product in the US
IGT Global Solutions has unveiled the first online WAP (Wide Area Progressive) product in the US – IGT MegaJackpots. The New Jersey Players can play MegaJackpot Games namely MegaJackpots Siberian Storm and MegaJackpots Cleopatra on ResortsCasino.com, MoheganSunCasino.com, HardRockCasino.com, and CaesarsCasino.com. The company will add more games in the near future.