IGT PlaySports™ Advances Sports Betting in Ohio via BetSkybox Agreement

Rhea-AI Summary

International Game Technology PLC (NYSE: IGT) announced a new partnership with BetSkybox to expand its IGT PlaySports™ technology in Ohio. This agreement will see the deployment of IGT's PlaySports QuickBet™ Kiosks in licensed restaurants and bars across the state. Executives from both companies highlighted the potential for enhanced sports betting experiences for fans in Ohio, particularly given the state’s vibrant professional and collegiate sports scene. The collaboration adds to IGT PlaySports' presence, which currently serves over 80 venues in the U.S. and Canada, showcasing IGT's capabilities in sports betting technology.

Positive

• New partnership with BetSkybox expands IGT PlaySports technology in Ohio.
• Deployment of PlaySports QuickBet Kiosks at various licensed venues enhances market presence.
• Strengthens IGT's innovative capabilities in sports betting with intuitive solutions.

Negative

• None.

LONDON, March 1, 2023 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its proven IGT PlaySports™ technology is expanding its footprint within Ohio through an agreement with BetSkybox to deploy IGT's PlaySports QuickBet™ Kiosks at licensed restaurants and bars across Ohio.

"BetSkybox is thrilled to deliver IGT's award-winning sports betting technology to our licensed partners and offer the convenience of PlaySports' self-service betting solutions to the many sports fans throughout Ohio," said Ron Frederickson, President of Skybox Sports Network / BetSkybox. "IGT's high-performing betting solutions will add another layer of excitement as patrons gather at these social establishments to watch their favorite sports and teams."

"Expanding IGT PlaySports' footprint in Ohio through our partnership with BetSkybox increases the opportunity for sports fans throughout the state to enjoy premium betting experiences while they are watching games at restaurants and bars," said Joe Asher, IGT President of Sports Betting. "Ohio's high-profile professional and collegiate sports teams have loyal and engaged fan bases. The simplicity and intuitive nature of IGT's PlaySports kiosks will make it easy for any fan to responsibly place bets on their favorite sports teams."

IGT PlaySports' best-in-class solutions have launched both class A and C licensee partners in Ohio, demonstrating the depth of its sports betting capabilities and offerings. IGT PlaySports, part of IGT PlayDigital, is deployed at more than 80 gaming venues across the U.S. and Canada. To learn more visit IGT.com or follow us 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 10,500 employees. For more information, please visit www.igt.com.

About BetSkybox

Skybox Sports Network Inc. with its BetSkbox division and brand has been awarded a conditional Type C Proprietor Sports Gaming License from the Ohio Lottery and Ohio Casino Control Commission. BetSkybox will deploy sports betting Kiosks into Lottery approved host partner locations throughout the entire state of Ohio. BetSkybox will additionally be adding the Skybox core product line of Sports Tickers and Odds Boards along with the Kiosks.

The Skybox proprietary brand of peripheral products add excitement to the corner bar or restaurant location creating a Sportsbook look and feel with light, colour and motion.

Based in Las Vegas BetSkybox has additionally launched its new Networks Operating Centre (NOC) across from the Columbus Blue Jackets Nationwide arena with a showroom and a fully staffed team of professionals offering management and customer service. For additional information please contact Ron Frederickson at ron@betskybox.com 888-884-2537 ext. 2.

Cautionary Statement Regarding Forward-Looking Statements

This news release 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 factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2022 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 news release 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, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190

© 2023 IGT

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

 

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SOURCE International Game Technology PLC

FAQ

What is the latest news about IGT and BetSkybox?

International Game Technology announced a partnership with BetSkybox to deploy PlaySports QuickBet Kiosks in Ohio.

How will the BetSkybox partnership affect IGT's operations in Ohio?

The partnership will enhance IGT's sports betting offerings and increase availability in licensed restaurants and bars across Ohio.

When was the partnership between IGT and BetSkybox announced?

The partnership was announced on March 1, 2023.

What technology will be utilized in the new IGT and BetSkybox collaboration?

IGT's PlaySports QuickBet Kiosks will be deployed as part of the collaboration.

How many venues does IGT PlaySports currently serve?

IGT PlaySports is deployed at more than 80 gaming venues across the U.S. and Canada.