IGT Named FanDuel Sportsbooks' Exclusive Retail Sports Betting Platform Provider in North America for Four Additional Years
IGT has renewed its multi-year retail sports betting agreement with FanDuel, extending their partnership for four additional years starting September 1, 2024. Under this agreement, IGT PlaySports will continue as the exclusive retail sports betting platform provider for FanDuel's retail sportsbooks across North America.
The collaboration between IGT PlaySports and FanDuel began in 2019 when FanDuel opened its first U.S. sportsbook. Currently, IGT PlaySports technology powers 27 FanDuel Sportsbooks across 20 gaming jurisdictions. FanDuel Sportsbooks utilize various IGT PlaySports technologies, including the IGT PlaySports Kiosk and IGT PlaySports Pad.
This renewal underscores the success of their partnership in delivering a top-tier customer experience in retail sports betting operations.
IGT ha rinnovato il suo contratto di scommesse sportive al dettaglio con FanDuel, estendendo la loro partnership per quattro ulteriori anni a partire dal 1 settembre 2024. In base a questo accordo, IGT PlaySports continuerà a essere il fornitore esclusivo della piattaforma di scommesse sportive al dettaglio per i punti vendita di scommesse di FanDuel in Nord America.
La collaborazione tra IGT PlaySports e FanDuel è iniziata nel 2019, quando FanDuel ha aperto il suo primo sportsbook negli Stati Uniti. Attualmente, la tecnologia di IGT PlaySports alimenta 27 sportsbook di FanDuel in 20 giurisdizioni di gioco. Gli sportsbook di FanDuel utilizzano diverse tecnologie IGT PlaySports, inclusi il chiosco IGT PlaySports e l'IGT PlaySports Pad.
Questo rinnovo sottolinea il successo della loro partnership nel fornire un'esperienza cliente di alto livello nelle operazioni di scommesse sportive al dettaglio.
IGT ha renovado su acuerdo de apuestas deportivas al por menor por varios años con FanDuel, ampliando su asociación por cuatro años adicionales a partir del 1 de septiembre de 2024. Bajo este acuerdo, IGT PlaySports continuará siendo el proveedor exclusivo de la plataforma de apuestas deportivas al por menor para los sportsbooks de FanDuel en América del Norte.
La colaboración entre IGT PlaySports y FanDuel comenzó en 2019 cuando FanDuel abrió su primer sportsbook en EE.UU. Actualmente, la tecnología de IGT PlaySports impulsa 27 sportsbooks de FanDuel en 20 jurisdicciones de juego. Los sportsbooks de FanDuel utilizan diversas tecnologías de IGT PlaySports, incluidos el quiosco IGT PlaySports y el IGT PlaySports Pad.
Esta renovación subraya el éxito de su asociación en la entrega de una experiencia de cliente de primer nivel en las operaciones de apuestas deportivas al por menor.
IGT는 FanDuel과의 여러 해 동안의 소매 스포츠 베팅 계약을 연장하여 2024년 9월 1일부터 4년 추가로 파트너십을 연장하였습니다. 이 계약에 따라 IGT PlaySports는 북미의 FanDuel 소매 스포츠북에 대한 독점 소매 스포츠 베팅 플랫폼 제공업체로 계속 활동하게 됩니다.
IGT PlaySports와 FanDuel 간의 협력은 FanDuel이 미국에서 첫 번째 스포츠북을 열었던 2019년에 시작되었습니다. 현재 IGT PlaySports 기술은 20개 게임 관할권에서 27개의 FanDuel 스포츠북을 지원하고 있습니다. FanDuel 스포츠북은 IGT PlaySports 키오스크 및 IGT PlaySports 패드 등 다양한 IGT PlaySports 기술을 활용합니다.
이 갱신은 소매 스포츠 베팅 운영에서 탁월한 고객 경험을 제공하는 파트너십의 성공을 강조합니다.
IGT a renouvelé son accord de paris sportifs de détail sur plusieurs années avec FanDuel, étendant leur partenariat de quatre années supplémentaires à partir du 1er septembre 2024. Dans le cadre de cet accord, IGT PlaySports continuera d'être le fournisseur exclusif de la plateforme de paris sportifs de détail pour les points de vente de paris de FanDuel en Amérique du Nord.
La collaboration entre IGT PlaySports et FanDuel a commencé en 2019 lorsque FanDuel a ouvert son premier sportsbook aux États-Unis. Actuellement, la technologie IGT PlaySports alimente 27 sportsbooks FanDuel dans 20 juridictions de jeu. Les sportsbooks de FanDuel utilisent diverses technologies IGT PlaySports, y compris le kiosque IGT PlaySports et le pad IGT PlaySports.
Ce renouvellement souligne le succès de leur partenariat dans la fourniture d'une expérience client de premier plan dans les opérations de paris sportifs de détail.
IGT hat seinen mehrjährigen Einzelhandels-Sportwettenvertrag mit FanDuel erneuert und die Partnerschaft um vier zusätzliche Jahre bis zum 1. September 2024 verlängert. Im Rahmen dieses Vertrags wird IGT PlaySports weiterhin der exklusive Anbieter der Einzelhandels-Sportwettenplattform für die Einzelhandels-Sportwetten von FanDuel in Nordamerika sein.
Die Zusammenarbeit zwischen IGT PlaySports und FanDuel begann 2019, als FanDuel sein erstes U.S. Sportsbook eröffnete. Derzeit betreibt die Technologie von IGT PlaySports 27 FanDuel-Sportbooks in 20 Spielrechtsgebieten. FanDuel-Sportbooks nutzen verschiedene IGT PlaySports-Technologien, einschließlich des IGT PlaySports-Kiosks und des IGT PlaySports-Pads.
Diese Erneuerung unterstreicht den Erfolg ihrer Partnerschaft bei der Bereitstellung eines erstklassigen Kundenerlebnisses im Einzelhandels-Sportwettenbetrieb.
- Renewed exclusive partnership with FanDuel for four additional years
- IGT PlaySports technology powers 27 FanDuel Sportsbooks across 20 gaming jurisdictions
- Continued expansion in the growing retail sports betting market
- None.
Insights
The renewal of IGT's exclusive retail sports betting agreement with FanDuel for four additional years is a significant positive for IGT's long-term revenue stability and market position. This deal secures IGT's role as the sole provider for FanDuel's retail sportsbooks across North America through 2028, encompassing 27 sportsbooks in 20 gaming jurisdictions.
While the financial terms aren't disclosed, the extended partnership with North America's leading online gaming company is likely to contribute substantially to IGT's recurring revenue stream. The sports betting market in the U.S. is rapidly expanding, with more states legalizing and FanDuel maintaining a dominant market share.
For investors, this agreement represents reduced risk and increased predictability in IGT's future earnings from its PlaySports division. It also positions IGT favorably for potential expansion as more states legalize sports betting, potentially driving growth in both revenue and market share in the coming years.
The extension of IGT's partnership with FanDuel underscores the growing importance of retail sports betting in the North American market. Despite the rise of online betting, physical sportsbooks remain a important component of the overall sports betting ecosystem, offering a unique, immersive experience that complements digital offerings.
This deal highlights IGT's strong position in the B2B sports betting technology sector. By securing FanDuel, a market leader, as a long-term client, IGT gains a significant competitive advantage. This could potentially lead to increased market share as other operators may view IGT's technology more favorably due to its association with a top-tier brand.
The agreement also suggests that FanDuel sees continued value in maintaining and expanding its retail presence, indicating that the retail sports betting market may have more longevity and growth potential than some analysts have predicted. This could have broader implications for the gaming industry's physical infrastructure investments.
IGT PlaySports and FanDuel Group team up for retail sports betting through 2028
"For more than five years, IGT PlaySports' team and technology have helped FanDuel's retail sportsbook operation deliver a best-in-class customer experience while helping us maintain our position as America's #1 Sportsbook," said Christian Genetski, FanDuel President. "Given IGT's experience as a global land-based casino supplier, we believe it offers the experience and capabilities we needed supporting our retail locations."
"IGT PlaySports looks forward to supporting FanDuel as its exclusive retail sports betting platform provider in
IGT PlaySports has been FanDuel Group's exclusive retail platform provider in the
For more information, visit IGT.com, or follow IGT PlayDigital on LinkedIn.
About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines 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 jurisdictions around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.
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SOURCE International Game Technology PLC
FAQ
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